Monday 5th December 2016

Resource Clips


Posts tagged ‘Ascot Resources Ltd (AOT)’

Ascot reports BC Assays including 2.53 g/t Gold, 14.7 g/t Silver over 89m

September 10th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningAscot Resources Ltd TSXV:AOT announced drill results from the Martha Ellen Zone of its Premier Gold Project in the Cassiar Mining District of northwestern BC. Assays include

2.53 grams per tonne gold and 14.7 g/t silver over 89 metres
(including 22.68 g/t gold and 96.4 g/t silver over 8 metres)
0.86 g/t gold and 20.5 g/t silver over 127.39 metres
(including 1.8 g/t gold and 37.6 g/t silver over 38.39 metres)
0.75 g/t gold and 23.7 g/t silver over 137.87 metres
(including 1.26 g/t gold and 48.6 g/t silver over 59.57 metres)
0.98 g/t gold and 3.2 g/t silver over 82.95 metres
(including 3.37 g/t gold and 5.1 g/t silver over 13.72 metres)
0.55 g/t gold and 7.1 g/t silver over 81 metres
(including 1.94 g/t gold and 21.2 g/t silver over 12.6 metres)

Depths extend to 146 metres. Values are uncut. Estimated true widths are generally 10% to 20% less than reported widths. The company states that near-surface mineralization is being encountered consistently in gently west- and east-dipping zones associated with Premier porphyry dykes and a stockwork along the eastern portion of the zone. This area is believed to be the northwest fault offset extension of the Big Missouri Zone. The area has 144 historic drill holes. Current drilling is being done at a density that will allow for an initial resource estimate of this near-surface target.

View Company Profile

Contact:
Bob Evans
CFO/Director
604.684.8950

by Greg Klein

Ascot reports BC Results as high as 2.3 g/t Gold over 112.7m

September 9th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningAscot Resources Ltd TSXV:AOT announced results from its Premier Gold Mine in northwestern BC. Highlights include 2.3 g/t gold and 2.7 g/t silver over 112.7 metres, 3.74 g/t gold and 4.4 g/t silver over 62.6 metres, 1.38 g/t gold and 2.1 g/t silver over 156.5 metres, 1.94 g/t gold and 2.9 g/t silver over 92.5 metres, 1.44 g/t gold and 60 g/t silver over 62.4 metres and 0.84 g/t gold and 3 g/t silver over 112 metres.

The Premier Mine produced 2 million gold ounces and 42.8 million silver ounces before closing in 1996. Ascot has an option with Boliden Ltd to acquire the mine by paying $20,300,000 by October 1, 2012 and granting Boliden a 1% NSR.

View Company Profile

Contact:
Bob Evans
CFO/Director
604.684.8950

by Greg Klein