Ascot Reports Q1 Results and Construction Update

Ascot Resources (TSX: AOT)

Announced the Company’s unaudited financial results for Q1 2023, and also provided a construction update on the Company’s Premier Gold Project

As of Q1 2023, detailed engineering stands at 99% complete, major procurement is over 95% complete, and project construction excluding mine development is at 35%.  Continue reading

Lefroy Transformed by Mineral Rights Acquisition

Lefroy Exploration(ASX: LEX)

Announced details of a significant addition to its growing portfolio of assets in the world-class Goldfields region of Western Australia.

LEX’s wholly owned subsidiaries have entered into an agreement with Franco-Nevada Australia Pty to acquire mineral rights across the Loc45 freehold property, located 35km SE of Kalgoorlie.  Continue reading

Goldshore Updates Inferred MRE to 6 M oz

Goldshore Resources (TSX.V: GSHR)

Announced an updated mineral resource estimate for the Moss deposit and a maiden mineral resource estimate for the East Coldstream deposit, both located at its 100%-owned Moss Gold Project in Northwest Ontario, Canada.

Moss Gold Project global inferred resource grows 44% to 6.00Moz at 1.02 g/t. Continue reading

Cartier Cuts two New Zones at Chimo Mine Project

Cartier Resources (TSX.V: ECR)

Announced drill hole results from the program that is in progress at the Chimo Mine Project, where a recent PEA demonstrated its economic viability.

The new results show the discovery potential of the ‘West Chimo Mine’ sector which has seen very little drilling to date.  Continue reading

Ascot C$4 M Non-Brokered Flow Through Placement

Ascot Resources Ltd. (TSX: AOT)

Announced a C$4.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2023 exploration program at the Company’s Premier Gold Project , located in the prolific Golden Triangle of northwestern British Columbia. Continue reading