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Mining Review Weekly Update 19th December 2021

City Investors Circle – Mining Review 19th Dec 2021

The price of gold is still gyrating between $1760 and $1810, as the FOMC meeting comments are absorbed by the market, and sentiment changes by the day.

Ascot Resources, Cabral Gold, Canuc Resources, Neometals, and Orla Mining all made significant announcements this week. Continue reading

Ascot drills 36.2 g/t Gold Over 7.1 M at Sebakwe

Ascot Resources (TSX: AOT)

Announced additional assay results from the 2021 exploration drill program at the Company’s Premier Gold Project.

This release summarizes assays from the Company’s first two drill holes this year on the Sebakwe Zone near existing resources and the Premier mill building. Continue reading

Ascot Resources Q3 Results and Premier Update

Ascot Resources (TSX: AOT)

Announced the Company’s unaudited financial results for Q3 2021, and provided an update on the permitting and pre development progress at their Premier Mine.

The ball and sag mills are in place, and early earthworks preparation is continuing, as final permit negotiations take place. Continue reading