Canadian Mining Journal

News

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 was within a longer interval grading 15.28 g/t Au over 13.3 metres. The core also carried silver and zinc values.

The Lunchroom zone has numerous high grade values including an uncut average of 100.00 g/t Au over a core length of 1.00 meters within a broader interval grading 16.73 g/t Au over 12.27 meters.

The 2016 drill program has tested the potentially link between the flat lying Lunchroom zone and the historic glory hole area to the east.

The old Premier mine produced 2.1 million oz of gold and 44.9 million oz of silver during its previous incarnation.

Details of the recent assays are available at www.AscotResources.ca in the Nov. 16, 2016, news release.