Ascot Drills 692 g/t Gold Over 0.9 M

Ascot Resources (TSX: AOT)

Announced the third batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.

This release summarizes the initial batch of assay results from this season’s surface drilling program for in-fill and exploration purposes at the Big Missouri deposit, approximately six kilometres north of the Premier mill. Continue reading

Ascot Intercepts 32.9 g/t Gold Over 4.9m

Ascot Resources (TSX: AOT)

Announced the first batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.

These results are from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill.  Continue reading

American Creek’s JV Partner Intersects 1.48 g/t AUEQ Over 210m

American Creek Resources (TSX.V: AMK)

Announced that project operator and JV partner Tudor Gold has produced the second set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the Golden Triangle of BC.

The highlight was 1.48 G/T AUEQ over 210m within 516m grading 1.19 G/T AUEQ.

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American Creek’s JV Partner Intersects Wide Gold Intervals

American Creek (TSX.V: AMK)

Announced that project operator and JV partner Tudor Gold has produced the first set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of NW British Columbia. Continue reading

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

Skeena Closes Eskay Creek Royalty For C$27m

Skeena Resources (TSX / NYSE: SKE)

Has closed a royalty sale with Franco-Nevada Corporation pursuant to which Skeena granted a 0.5% net smelter returns royalty on the Eskay Creek gold-silver Project to Franco-Nevada in exchange for a closing cash consideration of C$27 million and contingent cash consideration of C$1.5 million.  Continue reading

American Creek Intersects Gold-Copper Porphyry

American Creek Resources (TSX.V: AMK)

Presented the ninth and final set of drill results for the 2022 exploration program from operator Tudor Gold at their flagship property, Treaty Creek, located in the Golden Triangle of British Columbia.

The Best intercept was 1.71 G/T AU EQ over 180 m Continue reading

Ascot Reports Third Quarter 2022 Results

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

Ascot Expands the Sebakwe Zone to 350m

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

Ascot Resources Announces C$56 M Bought Deal

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 Drills High-Grade Gold at Big Missouri

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 Premier Mine Funding Shortfall

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.

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