VANCOUVER, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the results from twenty-seven (27) drill holes completed in the Silver Coin deposit of Ascot’s Premier Gold Project (“Premier”) near Stewart in northwestern British Columbia.
Highlights of this release include:
- 52.67g/t gold over 3.59m in hole P19-2079
- 6.56g/t gold over 4.00m in hole P19-2081
The Silver Coin deposit, acquired in 2018, is located approximately five kilometres to the north of the Premier mill. This release contains the results from the third set of drill holes from the 10,500 metre 2019 drill campaign at the site. The deposit was mined in 1991 producing 102,500 tonnes at a grade of 8.88g/t Au with an average gold recovery of 92.9 percent.
Derek White, President and CEO of Ascot commented, “We are proud to report the third successive set of very impressive drill results from Silver Coin. This set of holes generated over a dozen intercepts above 9g/t Au over one metre or more.
Original News Release appears below:
