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 in the Northern Lights zone and occurred within a 15-metre section grading 8.98 g/t Au.
The total length of hole 1107 was 43.15 metres at an average grade of 3.68 g/t Au. It included a second 1.0-metre section that graded 40.20 g/t (uncut).
Nor was that the only promising hole. No. 1061 returned 13.50 g/t Au (uncut) over 2.00 metres within a 44.22-metre long section that averaged 1.80 g/t. Hole 1084 returned 28.50 g/t over 1.39 metres within a 13.84-metre section that averaged 3.12 g/t (uncut). See the table in the company’s news release dated Oct. 14, 2016
, for additional results.
The former high grade Premier gold mine produced 2.1 million oz of gold and 44.9 million oz of silver during its lifetime.