2023-01-23 07:20:52 AOTVF Ascot Resources
01/23/23 01/2307:20 01/23/2307:20 | Ascot announces assay results from 2022 program at its Premier Gold ProjectAscot Resources announces the last remaining assay results from the 2022 exploration drill program at the Company's Premier Gold Project, located on Nisga'a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia. Derek White, President and CEO of Ascot commented, "Having recently closed our financing for approximately C$200 million to complete construction of the Premier Gold Project, exploration results such as these are much more meaningful as they continue to reveal high gold grades and new zones of mineralization which could be exploited in the early years of the mine life. The headline intercept of 199 grams per tonne is the highest-grade interval Ascot has drilled at the Day Zone since its initial discovery in 2020 and aligned well with the predicted orientation of mineralization. We continue to be impressed with the resource expansion potential and are very excited about the exploration options for 2023 and enhancing the continuity and expansion of resources to the west of Big Missouri." |
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