VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/12/12 -- Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announce that its Premier and Dilworth option agreements have been extended by one year, the latest Closing Date now becomes October 1, 2014. In order to maintain its options until 2014, Ascot will have to make option payments in 2013 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/04/12 -- Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announce that the Bureau of Land Management (BLM) has released an Environmental Assessment (EA) related to Ascot's two hardrock prospecting permit applications for geological exploration on the Mt Margaret property in the St Helens [...]
Ascot is pleased to announce that it has entered into an agreement with Secutor Capital Management Corporation to complete a brokered private placement financing, on a commercially reasonable efforts agency basis. The Offering provides for the issue of up to 4,166,667 flow-through shares ("FT Shares") at $1.20 per FT Share for gross proceeds of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/25/12 -- Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announced that its wholly owned subsidiary, Ascot USA Inc., has entered into agreements whereby it can earn up to a 70% interest, subject to certain royalties, in an initial five square miles in King and Pierce Counties, Washington [...]
Ascot Resources is pleased to announce an initial independent resource estimate, effective May 01, 2012, for its Big Missouri area which has been the focus of drilling by Ascot from 2009-2011 on the Premier project in the Stewart Camp of northwest B.C. This resource covers approximately 20-25% of the Big Missouri target area. This initial resource [...]
Ascot Resources is pleased to announce final drill results from its successful 2011 exploration program at Premier. The 2011 drilling campaign confirmed the property has potential for both bulk tonnage and higher grade underground epithermal gold/silver deposits. In 2011, 150 holes were completed for a total of 36,318.5 m's. Results from the first [...]
Ascot Resources is pleased to announce an update on drilling results from its successful 2011 exploration program at Premier. The 2011 drilling campaign continues to confirm the property has potential for both bulk tonnage and higher grade underground epithermal gold/silver targets. Wide zones of gold and silver mineralization are encountered in [...]
Ascot announced the temporary delay of its drill program on the Mt. Margaret property in the St. Helens Mining District of Skamania County in Washington State as the United States Forest Service conducts a review of its May 5th, 2011 letter of concurrence with the Company's 2011 Operating Plan. Over the past year the Company has completed 11 drill [...]
Ascot Resources is pleased to announce that further to its press releases dated May 25, 2011 and June 16, 2011, it has closed the brokered private placement of 4,250,000 flow-through units at a price of $0.85 per FT Unit for gross proceeds of $3,612,500. The private placement was conducted on a commercially reasonable efforts agency basis by [...]
Further to its news release of May 25, 2011 Ascot Resources announces that its private placement has been oversubscribed. In order to accommodate part of this demand Ascot has agreed to increase the Offering from up to 3,000,000 Flow Through Units to up to 4,250,000 Flow Through Units. Concurrently, the Closing Date on the Offering has been [...]
Ascot is pleased to announce that it has entered into an agreement with Macquarie Private Wealth to complete a brokered private placement financing, on a commercially reasonable efforts agency basis. The Offering provides for the issue of up to 3,000,000 flow-through units at $0.85 per FT Unit for gross proceeds of $2,550,000. Each FT Unit will [...]