Ascot Resources Pours First Gold at Premier

Ascot Resources (TSX: AOT)

Poured first gold as a part of the commissioning process at the Premier gold project, located in the Golden Triangle of northwestern British Columbia.

The first gold pour was achieved from gold recovered through the gravity circuit.

 

 

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Ascot Resources

Ascot REsources Premier mine, Golden Triangle, British Columbia, Canada.

 

 

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Ascot Resources TSX : AOT
Stage Development
Metals Gold
Market cap C$480 m   @ $0.77
Location Golden Triangle, British Columbia

 

To see the live Ascot Resources price and one year chart, please click here

 

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Ascot Resources pours first gold at Premier project

2024-04-22 07:30 ET – News Release

Mr. Derek White reports

ASCOT POURS FIRST GOLD DURING COMMISSIONING AT THE PREMIER GOLD PROJECT

 

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On April 20, 2024, Ascot Resources Ltd. (TSX: AOT) poured first gold as a part of the commissioning process at the Premier gold project, located on Nisga’a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia.

 

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Derek White, president and chief executive officer, commented:

 

“The first gold pour is a hallmark commissioning milestone for Ascot, representing the culmination of years of hard work.

 

“We express our gratitude to our dedicated work force, our diligent contractors, our supportive shareholders and financiers, Nisga’a Nation, government officials, and the local communities of Stewart, B.C., and Hyder, Alaska — all of whom played important roles in seeing this first gold pour come to fruition.

 

“Commissioning of the process plant at PGP is continuing, with commercial production anticipated in the third quarter of 2024.

 

“The first gold pour was achieved from gold recovered through the gravity circuit.

 

“Commissioning of the carbon-in-leach circuit is currently under way. Ascot will provide a more comprehensive update on the commissioning progress in due course”.

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To read the full news release, please clink HERE

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The live gold price can be found HERE

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company. Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Ascot Resources

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Calidus Resources Pours First Gold at Warrawoona

Calidus Resources Limited (ASX: CAI)

Announced that it has poured the first gold at its Warrawoona Gold Project located in the Pilbara of Western Australia.

The project has now entered the ramp-up phase, with the elution circuit currently
commissioning, paving the way for the first bar sourced from the leach circuit to be
poured next week. […] 

 

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Calidus Resources ASX: CAI
Stage Production, exploration
Metals Gold, lithium
Market Cap A$374 m  @ A$0.93
Location Pilbara, Western Australia

 

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Calidus Resources

Calidus Resources Warrawoona mine

 

Calidus  Resources Pours First Gold at Warrawoona

 

Start of production and cashflow provides platform for next round of growth

 

Calidus Resources Limited (ASX:CAI) (Calidus) is pleased to announce that it has poured the first gold at its 100 per cent owned Warrawoona Gold Project located in the Pilbara of Western Australia from the commissioning of the gravity circuit.

The project has now entered the ramp-up phase, with the elution circuit currently
commissioning, paving the way for the first bar sourced from the leach circuit to be
poured next week.

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Calidus Resources management comments

“Pouring our first gold on time and budget is the culmination of an incredible effort by all employees and contractors involved at Warrawoona.

 

“With production underway and revenue being generated, we have begun to lay the foundations for ongoing growth.

 

“Cashflow from Warrawoona will provide opportunities to increase production via the development of our Blue Spec deposit and help fund our highly promising gold and lithium exploration.”

Calidus Resources Managing Director Dave Reeves

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For brevity, this summary has been redacted, to read the full news release, please click HERE

 

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If you need clarification of any information contained in this note, or have any questions about Calidus Resources, I will be delighted to assist – Please email andrew@city-investors-circle.com

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

 

Disclosure

At the time of writing the author owns shares in Calidus Resources, bought in the market at the prevailing price on the day of purchase.

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To read our full terms and conditions, please click HERE