Ascot Resources Ltd
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Yamana invests $20.6M in Ascot
After closing a $61-million bought deal on Friday (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6-million private placement financing by miner Yamana Gold (TSX: YRI, NYSE: AUY). Ascot has entered into an agreement…
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Next in the West
A look at some of the advanced mineral projects in B.C. and the Yukon with near-term production potential.
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Ascot secures US$105M finance package for Premier construction
Developer Ascot Resources has closed a US$105-million project financing package with Sprott Private Resource Lending and Beedie Investments for development of its past-producing Premier gold project in B.C. and to repay existing outstanding convertible notes. The financing includes a US$80-million…
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Ascot hits high-grade gold at new Premier zone
Ascot Resources has hit a new, high-grade zone of gold mineralization, dubbed the Day zone, in drilling at its past-producing Premier gold project in B.C. The zone is located 5 km north of the existing Premier mill and 300 metres west…
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GOLD: Ascot expands Premier West zone with high grade intercepts
BRITISH COLUMBIA – The results of 10 drill holes reported from Ascot Resources’ Premier gold project in the Golden Triangle district extend the Premier West zone, near proposed mining areas, to the northwest with several high grade hits. The drill…
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Pure Gold poised for production
Pure Gold readies for production in Red Lake; plus five other gold projects we’re watching.
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GOLD: Ascot raises $25M for Premier project
BRITISH COLUMBIA – Ascot Resources has announced a $25 million bought deal, led by Desjardins Capital Markets and Stifel GMP. The underwriters have agreed to purchase 29.4 million shares of the company at $0.85 per share for gross proceeds of…
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GOLD: Ascot feasibility shows strong economics for Golden Triangle projects
BRITISH COLUMBIA – Ascot Resources has released the results of a feasibility study for its wholly owned Premier and Red Mountain projects within the province’s Golden Triangle area, suggesting four underground mines at the Silver Coin, Big Missouri, Premier and…
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GOLD: Ascot raises $10M in private placement
BRITISH COLUMBIA – Ascot Resources has announced a non-brokered private placement of up to 7.8 million common shares and 5.1 million flow-through shares for gross proceeds of $10 million. The net proceeds of the offering will be used to fund…
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GOLD: High grades continue for Ascot at Silver Coin
BRITISH COLUMBIA – The latest results from the Silver Coin deposit at Ascot Resources’ Premier gold project continue to intersect high-grade mineralization at this zone. Drill highlights include: 6.69 metres of 30.81 g/t gold; 3.2 metres of 28.96 g/t gold;…
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GOLD: Ascot infills Big Missouri and hits more gold at Premier
BRITISH COLUMBIA – Ascot Resources has announced high grade intercepts from infill work completed on the Big Missouri deposit at its Premier gold project. Drill highlights include: 5.5 metres of 22.54 g/t gold; 2.1 metres of 24.9 g/t gold. Ascot’s…
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GOLD: Ascot reports high grade intercepts from Silver Coin deposit
BRITISH COLUMBIA – Ascot Resources released the results of 27 drill holes completed on the Silver Coin deposit at its Premier gold project. Drill highlights include: Hole P19-2079 returning 3.59 metres of 52.67 g/t gold starting at 103 metres Hole…
