Ascot Resources Ltd. is pleased to announce the publication of the Company's third annual Sustainability Report. In line with the goals in the previous year's report, Ascot has now incorporated the Sustainability Accounting Standards Board framework for tracking and reporting prominent sustainability-related metrics. The 2023 Sustainability Report can be accessed and downloaded at the address below [...]
Ascot Resources Ltd. reports that at its annual general meeting held today, June 20, 2024, Ascot's Shareholders approved by majority: to elect all seven directors standing for election; to re-appoint PricewaterhouseCoopers LLP as the Company's auditor; and the philosophy and design of the Company's executive compensation. Detailed results of the votes held by ballot at the AGM are set out below: Nominee Total Votes Cast [...]
Ascot Resources Ltd. is pleased to announce that, further to the Company's news release dated May 7, 2024, the Company has closed the second of two tranches of the C$5.0 million non-brokered flow through private placement , the proceeds of which will be used to fund the 2024 exploration program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern [...]
Ascot Resources Ltd. is pleased to announce that, further to the Company's news release dated May 7, 2024, the Company has closed the first of two tranches of the C$5.0 million non-brokered flow through private placement , the proceeds of which will be used to fund the 2024 exploration program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern [...]
Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three months ended March 31, 2024 , and also to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion [...]
Ascot Resources Ltd. is pleased to announce a C$5.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2024 exploration program at the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The purpose of the non-brokered private placement is to raise total gross proceeds of C$5,000,000 . The [...]
Ascot Resources Ltd. today announces that effective May 9, 2024, Don Njegovan is stepping down as a Director of the Company to focus on his duties at Osisko Mining Inc. Ascot's remaining six Directors have appointed Derek White, current President and CEO of the Company, to replace Mr. Njegovan as Director, also effective May 9, 2024. Mr. Njegovan stated: "I would like to congratulate the Board of Directors and the entire [...]
Ascot Resources Ltd. is pleased to announce that on April 20, 2024 the Company 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. Derek White, President and CEO, commented, "The first gold pour is a hallmark commissioning milestone for Ascot, representing the culmination of years of hard [...]
Ascot Resources Ltd. is pleased to announce the commencement of ore processing at the Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Rock was introduced into the grinding circuit of the mill on March 31, 2024, and the first ore was introduced into the mill on April 5, 2024. Derek White, President and CEO, commented, "The start of ore [...]
Ascot Resources Ltd. announces the Company's audited consolidated financial results for the year ended December 31, 2023. For details of the audited consolidated financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2023, please see the Company's filings on SEDAR+ at www.sedarplus.ca. All amounts herein are reported in $000s of Canadian dollars unless [...]
Ascot Resources Ltd. is pleased to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Project construction was 86% complete as of December 31, 2023 and is currently nearing completion, with first ore delivery to the mill anticipated by the end of March 2024, and first gold pour anticipated in April [...]
Ascot Resources Ltd. is pleased to announce that the Company has closed its financing for a total of US$50 million from Sprott Resource Streaming and Royalty Corp. and/or its affiliates and Nebari Natural Resources Credit Fund II, LP , as further described in the Company's news release dated January 22, 2024. Concurrently, the Company closed its previously announced bought deal private placement financing with a syndicate [...]