Ascot Announces Filing of Technical Report for Premier Gold Project
March 02 2020 - 6:00AM
Ascot Resources Ltd (TSX: AOT; OTCQX:
AOTVF) (“Ascot” or the “Company”) provides notice that a
National Instrument 43-101 technical report has been filed with
Canadian securities regulators for the Premier Gold Project in
British Columbia. The new technical report called “Resource
Estimate Update for the Premier Gold Project, Stewart, British
Columbia, Canada” has an effective date of December 12, 2019 and is
available under the Company’s profile on www.sedar.com.
Details of the resource estimate were previously
disclosed in a News Release, dated January 15, 2020, which can be
found on the recently updated Company web site at
www.ascotgold.com.
Upcoming Conferences &
Events
Please visit Ascot at booth 2329, at the PDAC,
held at the Metro Toronto Convention Centre in Toronto, Canada, in
the Investors Exchange area from March 1-4, 2020.
Ascot will also be attending the invitation
only, Roth Conference from March 15-17, 2020 at the Ritz Carlton,
Laguna Niguel in Orange County, California.
ON BEHALF OF THE BOARD OF DIRECTORS
OFASCOT RESOURCES LTD.
“Derek C. White”, President and
CEO
For further information
contact:Kristina Howe VP, Investor Relations 778-725-1060
/ khowe@ascotgold.com
About Ascot Resources Ltd.Ascot
is a Canadian-based junior exploration company focused on
re-starting the past producing historic Premier gold mine, located
in British Columbia's Golden Triangle. The Company continues to
define high-grade resources for underground mining with the
near-term goal of converting the underground resources into
reserves, while continuing to explore nearby targets on its
Premier/Dilworth and Silver Coin properties (collectively referred
to as the Premier Gold Project). Ascot's acquisition of IDM Mining
added the high-grade gold and silver Red Mountain Project to its
portfolio and positions the Company as a leading consolidator of
high-quality assets in the Golden Triangle.
For more information about the Company, please
refer to the Company’s profile on SEDAR at www.sedar.com or visit
the Company’s web site at www.ascotgold.com, or for a virtual tour
visit www.vrify.com under Ascot Resources.
The TSX Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release.
Cautionary Statement Regarding
Forward-Looking InformationAll statements, trend analysis
and other information contained in this press release about
anticipated future events or results constitute forward-looking
statements. Forward-looking statements are often, but not always,
identified by the use of words such as “seek”, “anticipate”,
“believe”, “plan”, “estimate”, “expect” and “intend” and statements
that an event or result “may”, “will”, “should”, “could” or “might”
occur or be achieved and other similar expressions. All statements,
other than statements of historical fact, included herein are
forward-looking statements, including statements in respect of the
closing of the Offering and the use of proceeds. Although Ascot
believes that the expectations reflected in such forward-looking
statements and/or information are reasonable, undue reliance should
not be placed on forward-looking statements since the Ascot can
give no assurance that such expectations will prove to be correct.
These statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements, including the risks, uncertainties and other factors
identified in the Ascot’s periodic filings with Canadian securities
regulators, and assumptions made with regard to: the estimated
costs associated with construction of the Premier and RMP Projects;
the timing of the anticipated start of production at the Premier
and RMP Projects; the ability to maintain throughput and production
levels at the Premier Mill. Forward-looking statements are subject
to business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially
from those contained in the forward-looking statements. Important
factors that could cause actual results to differ materially from
Ascot’s expectations include risks associated with the business of
Ascot; risks related to exploration and potential development of
Ascot’s projects; business and economic conditions in the mining
industry generally; fluctuations in commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill
results and the geology, continuity and grade of mineral deposits;
the need for cooperation of government agencies and native groups
in the exploration and development of properties and the issuance
of required permits; the need to obtain additional financing to
develop properties and uncertainty as to the availability and terms
of future financing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and
other governmental approvals; and other risk factors as detailed
from time to time and additional risks identified in Ascot’s
filings with Canadian securities regulators on SEDAR in Canada
(available at www.sedar.com). Forward-looking statements are based
on estimates and opinions of management at the date the statements
are made. Ascot does not undertake any obligation to update
forward-looking statements.
Ascot Resources (TSX:AOT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ascot Resources (TSX:AOT)
Historical Stock Chart
From Sep 2023 to Sep 2024