Ascot Resources Ltd. announces that Mr. Robert Evans has decided to retire from the board after 32 years of service. Bob was one of the early founders of Ascot and was Chief Financial Officer of the Company from 1989 to 2017 as well as serving on the board. Ascot is pleased to announce the appointment of Ms. Indi Gopinathan to the board. Ms. Gopinathan brings 25 years of experience in the mining industry and capital [...]
Ascot Resources Ltd. is pleased to announce the Ball and SAG mills have been delivered to the Premier Gold Project and are being prepared for installation inside the mill building. The Company is also pleased to provide an update on the significant progress made as a part of the PGP Early Works program. EARLY WORKS PROGRAM HIGHLIGHTS Most Ball and SAG mill components, including the mill shells, have been delivered to site [...]
Ascot Resources Ltd. announces the Company's unaudited financial results for the three and six months ended June 30, 2021 . For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2021, please see the Company's filings on SEDAR . Derek White, President and CEO, commented, "Ascot's pace of advance continued in Q2 [...]
Ascot Resources Ltd. is pleased to announce additional high-grade results in step-out and exploration drillholes from the ongoing 25,000m drill program at the Company's Premier Gold Project . Before moving to higher elevations, drilling this season to date has focused on the area to the northwest of the Premier/Northern Light zones. High-grade gold was intercepted from multiple drill locations and at various depths [...]
Ascot Resources Ltd. and Nisga'a Nation are pleased to announce that they have entered into an updated Benefits Agreement which now encompasses both the Premier Gold Project and the Red Mountain Project . The updated Agreement replaces the former which only pertained to RMP . The comprehensive Agreement sets the basis for the long-term success of the Projects and how they will benefit Nisga'a Nation, its citizens, and [...]
Ascot Resources Ltd. is pleased to announce the discovery of new high-grade copper, gold, and silver mineralization at the Company's Premier Gold Project . These are the first drill results from this year's 25,000m exploration program, which is aimed at testing new, high-priority targets as well as following up on last year's drilling successes. Initial drilling has intercepted a shallow zone of gold-silver mineralization [...]
Ascot Resources Ltd. reports that at its annual general meeting held today, June 22, 2021, Ascot's shareholders approved by majority: to elect all seven directors standing for re-election; to re-appoint PricewaterhouseCoopers LLP as the Company's auditor; the Advance Notice Policy of the Company; and the philosophy and design of the Company's executive compensation. Detailed results of the votes held by ballot at the AGM [...]
Ascot Resources Ltd. is pleased to announce that further to its press release of May 17, 2021, it has closed the non-brokered private placement of 2,651,796 flow-through shares at an average price of C$1.43 per Flow-Through Share for gross proceeds of C$3.8 Million. The proceeds from the Offering will be used to fund the Company's exploration activities this year. The gross proceeds from the issuance of Flow-Through [...]
Ascot Resources Ltd. is pleased to announce the appointment of David Stewart as VP-Corporate Development & Shareholder Communications effective immediately. Derek White, President & CEO of Ascot, commented, "We are very pleased to have David join Ascot. He has covered Ascot as an equity research analyst since early 2019 and has been a strong supporter of our value proposition. Given David's background in mining [...]
Ascot Resources Ltd. is pleased to announce the 2021 exploration drill program at the Company's Premier Gold Project near Stewart in northwestern British Columbia. The access road to the site has now been cleared after a winter of significant snowfall and Ascot is preparing to start its exploration program and the preliminary preparations for the construction of the PGP. The successful COVID-19 plan implemented in 2020 [...]
Ascot Resources Ltd. announces the Company's unaudited financial results for the three months ended March 31, 2021 . For details of the unaudited interim condensed consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2021, please see the Company's filings on SEDAR . Derek White, President and CEO, commented, "Ascot has had a very productive first quarter of 2021 [...]
Ascot Resources Ltd. is pleased to announce that it has closed its previously announced private placement . A total of 24,000,000 common shares of the Company were sold at a price of $0.86 per Share for gross proceeds to the Company of $20,640,000. Yamana Gold Inc. now holds approximately 6.4% of the Company's issued and outstanding common shares on a non-diluted basis. The private placement financing was conducted [...]
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