Ascot Resources Ltd. announces the Company’s unaudited financial results for the nine months ended September 30, 2020. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the nine months ended September 30, 2020, please see the Company’s filings on SEDAR . All amounts herein [...]
Ascot Resources Ltd. reports that at its annual general meeting held on November 10, 2020, Ascot's shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint PricewaterhouseCoopers LLP as the Company's auditor; and to approve an amendment and restatement to the [...]
Ascot Resources Ltd. is pleased to announce it has signed an agreement for the delivery of the Semi-Autogenous Grinding and ball mills, which is critical path, long lead time equipment required in the refurbishment of the concentrator facility for re-starting the past producing historic Premier gold mine, on the Premier Gold Property , located in [...]
Ascot Resources Ltd. is pleased to announce high-grade silver intercepts at the Silver Hill prospect at the Company’s Premier Gold Project . These holes are from drill pad SH-02 at Silver Hill located 260 metres to the northeast of last year’s intercepts from SH-01, demonstrating the presence of wide-spread mineralization in the area [...]
Ascot Resources Ltd. is pleased to announce the discovery of new high-grade gold mineralization at the “Day Zone” at the Company’s Premier Gold Project . The high-grade intercepts are located 300m west from the planned underground development at Big Missouri . Mineralization is open along strike to the north and the south. The Day [...]
Ascot Resources Ltd. is pleased to announce spectacular high-grade gold intercepts from the second batch of ten drill holes from Premier West at the Company’s Premier Project . The results from these drill holes add to the strong results reported in the news release of July 29, 2020. The impressive gold grades are close to the proposed mining [...]
Ascot Resources Ltd. announces the Company’s unaudited financial results for the three and six months ended June 30,2020 . For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2020, please see the Company’s filings on SEDAR . All amounts [...]
Ascot Resources Ltd. is pleased to announce high gold grades in the first seven drill holes of the 2020 season. The drill site is strategically located to the west of the Premier deposit , potentially adding to existing resources outlined in the feasibility study. The significance of this prospective corridor is further highlighted by high gold [...]
Ascot Resources Ltd. is pleased to announce the 2020 exploration program at the Company’s Premier Gold Project and the Red Mountain Project near Stewart in northwestern British Columbia. The Company has developed and implemented a COVID-19 plan to ensure the safety of employees as well as the community of Stewart where the exploration team is [...]
Ascot Resources Ltd. is pleased to announce that it has closed its previously announced bought deal financing . A total of 29,412,000 common shares of the Company were sold under the Offering at a price of C$0.85 per Share for aggregate gross proceeds to the Company of C$25,000,200. The Offering was conducted by a syndicate of underwriters co-led [...]
Ascot Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Desjardins Capital Markets and Stifel GMP, pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 29,412,000 common shares of the Company at a price of C$0.85 per Share for aggregate gross proceeds [...]
Ascot Resources Ltd. is pleased to announce that it has filed on SEDAR the Premier & Red Mountain Gold Project Feasibility Study NI 43-101 Technical Report prepared by Sacre-Davey Engineering Inc. as previously announced on April 15, 2020 The FS, prepared for the Company’s 100% owned Premier and Red Mountain Gold Project located in the Golden [...]