Vancouver, B.C. January 6, 2020 — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce further outstanding results from drill holes completed in the Silver Coin deposit of Ascot’s Premier Gold Project (“PGP”) near Stewart in northwestern British Columbia.

Highlights from 30 drill holes reported in this release include:

30.81g/t Au over 6.69m in hole P19-2137
28.96g/t Au over 3.20m in hole P19-2136
12.24g/t Au over 4.59m in hole P19-2130 

The Silver Coin deposit is located approximately five kilometres to the north of the Premier mill and 800 metres south from the Big Missouri deposit. In 1991, the Premier mill processed 102,500 tonnes of Silver Coin ore at a grade of 8.88g/t Au. Ascot acquired Silver Coin in 2018 and is currently preparing a mine plan using side hill access.

At Silver Coin, Ascot conducted an 11,000-metre drill program in the 2019 field season. This release reports the results from the fourth and final set of drill holes, adding to the intercepts reported in releases of September 5, October 9 and December 2.

See Complete Press Release below, in PDF