Mining Review 29th January 2023
Gold and copper had a good week, and tin had an exceptional week, as the markets became more positive about the Chinese economy.
Ascot Resources, Cartier Resources, Karora Resources, and Westhaven Gold all announced good drill results. Continue reading
Ascot Drilled Its highest grade intercept to date at the Day Zone, 199 g/t Gold Over 1.0 Metre. Continue reading
Mining Review 22nd January 2023
Copper is up as once again supply concerns emerge as more protests erupt in Peru, constraining production in the second largest exporting country.
Ascot Resources, Calidus Resources, Impact Minerals, Minera Alamos, Orla Mining, and TriStar Gold made news this week.
Ascot Resources (TSX: AOT)
Announced the Company has completed final documentation for a total of approximately C$200 million in project financing for construction of the Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Mining Review 18th December 2022
Panama was the focus of the mining world this week as the government of that Central American country withdrew the mining licence for the El Cobre copper mine after failing to come to an agreement with owner First Quantum Minerals.
Ascot Resources, Calidus Resources, Cornish Metals, and Maple Gold Mines all made news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company has entered into non-binding letters of intent for a total of approximately C$200 million in project financing for construction of the Premier Gold Project, located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Mining Review 11th December 2022
A momentous week for mining in the UK this week as the government approved the UK’s first new coal mine for 30 years, in Cumbria.
Ascot Resources, Barkerville Gold, Neometals, Rumble Resources, and Wesdome Gold Mines made news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced the third batch of assay results at the Big Missouri deposit from the 2022 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Mining Review 13th November 2022 
City Investors Circle weekly Mining Review reports healthy rises in gold and silver as the US dollar fell back as US bond yields fell. Base metal prices rose on the back of Chinese covid lockdown relaxations.
Calidus Resources and i-80 Gold reported exploration results, Ascot Resources, Colonial Coal, and Wesdome Gold Mines reported Q3 financial results. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for the three months ended September 30, 2022 (“Q3 2022”), as well as a summary of recent development highlights at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Mining Review 23rd October 2022
A better week for gold and silver, and their associated ETFs, but industrial metals were mostly static. Lithium reached a new all time high in China.
Ascot Resources, Cyprium Metals, Eloro Resources, Nouveau Monde, Radisson Mining and Wesdome all reported news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced initial positive grade reconciliation between muck samples and the block model grade from underground development at the Company’s Premier Gold Project, located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Ascot Resources (TSX: AOT)
Announced the second batch of assay results from the 2022 exploration drill program at the Company’s Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia.
These results are from surface exploration drilling at the emerging Sebakwe Zone, approximately 600 metres east of the past-producing Premier mill. Continue reading
Mining Review 14th August 2022
A busy week for news in the mining space, and gold pushed back to finish the week at US$1805 Oz.
Wiluna Mining made the headlines for the wrong reasons, whereas Calidus Resources, Impact Minerals, Orla Mining, and UEC made news for diverse positive reasons. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for the three months ended June 30, 2022, as well as a summary of recent development highlights at the Company’s Premier Gold Project, located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced that the 2022 exploration drilling program has started at its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
The Spring snow melt has enabled drilling to start almost one month earlier than last year. […] Continue reading
Ascot Resources Ltd.(TSX: AOT)
Provides an update on construction financing and development plans for its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
Ascot and Sprott Private Resource Lending have failed to come to agreement regarding the conditions for the continuation of their funding arrangement, and as a result, Ascot are seeking alternative sources of funding for the remaining C$60 million of project finance. […] Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced that it has entered into an agreement with a syndicate of underwriters co-led by Desjardins Capital Markets and BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis approximately C$56 million of common shares. Continue reading
Ascot Resources (TSX: AOT)
Announced assay results from the 2021 drill program at the Company’s Premier Gold Project located in the Golden Triangle of northwestern British Columbia.
The drill holes intercepted gold mineralization at or near defined stope shapes with numerous high-grade assays as high as 184.5 g/t gold. […] Continue reading
Ascot Resources Ltd. (TSX: AOT)
Provided an update on the Premier Gold Project located in the Golden Triangle of northwestern British Columbia with respect to progress to date and development plans in 2022.
The company also highlighted a funding shortfall which will have to be addressed in order to complete mine construction.
