Ascot Resources Ltd
-
GOLD: IDM uncovers new Lacasse zone at Red Mountain
BRITISH COLUMBIA – Vancouver-based IDM Mining reports it has discovered a new zone – Lacasse – at its Red Mountain gold project 15 km east of Stewart. Underground drilling also targeted multiple zones for resource expansion, conversion and further exploration.…
-
GOLD: Ascot enters definitive agreement to acquire IDM Mining
VANCOUVER – Ascot Resources announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining. In a press release, Ascot said that the goal behind the proposed acquisition is to…
-
Ascot looks to write Premier mine’s third chapter
STEWART, B.C. — The existing infrastructure of Ascot Resources’ (TSXV: AOT; US-OTC: AOTVF) past-producing Premier-Dilworth gold project in northwestern B.C.’s Golden Triangle region is one of its greatest assets. “Underground mine, tailings facility, power, road, mill – we have it all,” Derek White,…
-
GOLD: Ascot cuts 1,135 g/t over 0.50 metre at Premier
BRITISH COLUMBIA – Vancouver-based Ascot Resources can’t help hitting bonanza grades at its Premier gold project near Stewart. The latest huge assay is 1,135.00 g/t gold over 0.50 metre – a grade more common in silver mines. That result came…
-
GOLD: Ascot planning $20M program at Premier project
BRITISH COLUMBIA – Ascot Resources of Vancouver was pleased with the results from the Premier project near Stewart, so pleased that it has committed $20 million to further exploration and underground development in 2017. A $13-million surface drilling program of…
-
GOLD: Premier drilling yields 114 g/t over 1.26 metres for Ascot
BRITISH COLUMBIA – Ascot Resources of Surrey, BC, continues to drill successfully at the former high grade Premier gold mine near Stewart. The best grade was 114.00 g/t Au over 1.26 metres from the Lunchroom zone. That highest grade core…
-
GOLD: Ascot intersects 83.5 g/t over 1.0 metre at Premier
BRITISH COLUMBIA – The latest assays from the expanded 2016 drill program that Surrey, BC-based Ascot Resources received from its Premier gold project near Stewart include 83.5 g/t Au (uncut) over 1.0 metre. The bonanza grade came from hole 1107…
-
GOLD-SILVER: Ascot drills bonanza gold and silver at Premier
BRITISH COLUMBIA – Junior Ascot Resources of Surrey, BC, is drilling bonanza grades – 88.4 g/t Au and 9,640.0 g/t Ag over 1.55 metres – at its Premier advanced exploration project near Stewart. The assays came from hole P16-1016 in…
-
Ascot prepares for Sprott’s $20M investment
VANCOUVER — Ascot Resources (TSXV: AOT) is reconsidering plans on how to best advance its flagship Premier gold-silver project, 20 km northeast of Stewart, BC, now that mining and exploration financier Eric Sprott wants to inject $20 million into the company. The placement,…
-
GOLD: Ascot cuts 104+ g/t over 3.05 metres at Premier
BRITISH COLUMBIA – Ascot Resources of Vancouver is drilling the old Premier gold mine, a past producer of 2.1 million oz of gold and 44.9 million oz of silver near Stewart. The 2016 program concentrates on the old mine area…
-
High prices drive uranium activity
Interest in uranium exploration is growing across Canada, thanks to the strong price for the metal. The spot price for U3O8 at the end of December 2004 was US$20.70/lb, after a steady two-year rise. T…
