We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ascot Resources Ltd | TSXV:AOT | TSX Venture | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.65 | 0.63 | 0.66 | 0 | 01:00:00 |
Hot Features
Premium
Ascot Resources Ltd. (TSX VENTURE:AOT) -
Highlights of Release:
-- Drilling continues to expand and confirm property potential for bulk
tonnage and higher grade underground gold/silver targets.
-- This is the third release for the 2013 drilling campaign covering 37
holes.
-- Drilling will continue with three drill rigs until the end of the
season. Unseasonably warm weather has extended season.
Ascot Resources Ltd. (the "Company") is pleased to announce that wide zones of
gold and silver mineralization continue to be encountered in all target areas of
the Premier and Dilworth properties. Results have now been received from ALS for
90 of 114 holes drilled to date. The remainder of the holes have results pending
and will be released at a later date. The Company has completed its planned
20,000 metres for the 2013 season but will continue drilling, as long as the
unseasonably warm weather permits. The 2013 drilling campaign continues to
expand and confirm the property potential for both bulk tonnage and higher grade
underground gold/silver targets.
Wide zones of gold and silver mineralization continue to be encountered in all
of the target areas demonstrating bulk tonnage potential in a generally flat
sheet like orientation containing higher grade quartz breccia bodies. This
release covers results for the third set of 37 holes (P-13-486 to 522). The
first 53 holes were released in the September 12, 2013 and September 26, 2013
news releases. Detailed results table, locations and figures can be viewed at
the following Ascot link: www.ascotresources.ca.
New highlights include:
----------------------------------------------------------------------------
From To Width Au Ag
Hole # Zone Comment m's m's m's (g/t) (g/t) Zone
----------------------------------------------------------------------------
PR-13-493 Province 229.50 320.23 90.73 1.25 4.4 BM
----------------------------------------------------------------------------
incl. 304.00 319.00 15.00 3.82 3.9
----------------------------------------------------------------------------
incl. 304.00 305.08 1.08 11.20 2.1
----------------------------------------------------------------------------
incl. 317.00 319.00 2.00 19.70 22.3
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-499 Province 171.00 218.00 47.00 1.26 2.5 BM
----------------------------------------------------------------------------
incl. 175.14 204.00 28.86 1.92 3.0
----------------------------------------------------------------------------
incl. 175.14 179.00 3.86 8.28 4.9
----------------------------------------------------------------------------
incl. 175.14 176.00 0.86 18.75 16.0
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-502 Sparky 34.00 72.50 38.50 1.39 3.0
----------------------------------------------------------------------------
incl. 34.00 36.00 2.00 22.50 13.0
----------------------------------------------------------------------------
also 190.50 208.50 18.00 1.31 77.8
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-504 Martha Ellen 152.83 197.82 40.24 1.02 18.6
----------------------------------------------------------------------------
incl. 155.00 157.34 2.34 5.62 40.2
----------------------------------------------------------------------------
incl. 179.00 184.00 5.00 2.52 94.9
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-507 Martha Ellen 123.64 181.00 57.36 1.68 8.1
----------------------------------------------------------------------------
incl. 131.38 175.00 43.62 2.16 9.5
----------------------------------------------------------------------------
incl. 139.00 149.00 10.00 6.30 25.1
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-510 Province 2.00 43.00 41.00 2.37(i) 4.3 Province
----------------------------------------------------------------------------
incl. 16.00 18.00 2.00 42.80 28.3
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-513 Province 179.32 202.39 23.07 3.78(i) 5.3 BM
Hit Stope
----------------------------------------------------------------------------
incl. 185.25 197.56 12.31 6.61(i) 7.3
----------------------------------------------------------------------------
incl. 185.25 186.50 1.25 44.90 21.4
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-515 Province 1.52 43.00 41.48 1.10 5.3 Province
Hit Stope
----------------------------------------------------------------------------
incl. 13.00 21.00 8.00 3.67 6.7
----------------------------------------------------------------------------
also 167.00 213.00 46.00 1.39 2.6 BM
----------------------------------------------------------------------------
incl. 206.26 211.36 5.10 6.24 5.0
----------------------------------------------------------------------------
incl. 210.00 211.36 1.36 15.30 9.3
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-516 Province 165.00 180.50 15.50 2.25 15.8 BM
Hit Stope
----------------------------------------------------------------------------
incl. 171.00 175.00 4.00 5.96 13.2
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-518 Province 3.05 13.35 10.30 2.01 4.4 Province
----------------------------------------------------------------------------
incl. 3.05 5.00 1.95 8.70 7.7
----------------------------------------------------------------------------
also 169.00 194.00 25.00 1.49 4.4 BM
----------------------------------------------------------------------------
incl. 183.81 190.00 6.19 3.14 7.2
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PR-13-521 Province 0 37.88 37.88 2.52 8.0 Province
----------------------------------------------------------------------------
incl. 11.00 31.00 20.00 4.18 11.0
----------------------------------------------------------------------------
incl. 29.00 31.00 2.00 24.70 7.4
----------------------------------------------------------------------------
True widths are generally believed to be 85-90% of intersected widths.
(i) Assay values are not cut.
See detailed table for cut values.
Drilling for the period of this release has been focused in the Martha Ellen
area and Big Missouri areas due to snow at higher elevations. Drilling to date
at Martha Ellen continues to demonstrate good continuity, particularly to the
north, in areas never historically drill tested. Results to date have
intersected grades as good as or better than the historic tested area. Several
holes tested the Lion target, a historic tertiary Ag system in the northeastern
portion of the property and returned low silver values. Drilling in the Province
area of the Big Missouri target has continued to encounter gold and silver
mineralization in both the near surface Province zone and the deeper Big
Missouri zone. Several of these holes terminated prematurely in underground
workings.
Drilling will continue for a limited time in the Big Missouri area with lower
elevations and better road access allowing for cost effective drilling with
winter conditions.
Graeme Evans, P.Geo., and Lawrence Tsang, P.Geo., are providing the field
management for the Premier exploration program. Graeme Evans, designated as the
Qualified Person (QP) as defined by National Instrument 43-101 has prepared the
technical information in this news release.
Quality Assurance/Quality Control
Analytical work is being carried out by ALS Lab Group. Quality assurance and
quality control programs include the use of analytical blanks and standards and
duplicates in addition to the labs own internal quality assurance program. All
samples were analyzed using multi-digestion with ICP finish and fire assay with
AA finish for gold. Samples over 100 ppm silver were reanalyzed using four acid
digestion with an ore grade AA finish. Samples over 1,500 ppm silver were fire
assayed with a gravimetric finish. Samples with over 10 ppm gold were fire
assayed with a gravimetric finish. Identified or suspected metallic gold or
silver are subjected to "metallics" assays. Sampling and storage are at the
company's secure facility in Stewart with bi-weekly sample shipments made to ALS
Labs Terrace prep site.
On Behalf of the Board of Directors
ASCOT RESOURCES LTD.
John A. Toffan, President and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "seek", "anticipate",
"believe", "plan", "estimate", "expect" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur or be achieved
and other similar expressions. All statements, other than statements of
historical fact, included herein, including, without limitation; the completion
of the Offering on the terms set forth herein, the anticipated closing date of
the Offering and the use of proceeds from the Offering are forward looking
statements. Forward-looking statements are subject to business and economic
risks and uncertainties and other factors that could cause actual results of
operations to differ materially from those contained in the forward-looking
statements. Important factors that could cause actual results to differ
materially from the Company's expectations include fluctuations in commodity
prices and currency exchange rates; uncertainties relating to interpretation of
drill results and the geology, continuity and grade of mineral deposits; the
need for cooperation of government agencies and native groups in the exploration
and development of properties and the issuance of required permits; the need to
obtain additional financing to develop properties and uncertainty as to the
availability and terms of future financing; the possibility of delay in
exploration or development programs and uncertainty of meeting anticipated
program milestones; and uncertainty as to timely availability of permits and
other governmental approvals. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements except as
required by applicable securities laws. Investors should not place undue
reliance on forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ascot Resources Ltd.
(604) 379-1170
(604) 684-9877 (FAX)
www.ascotresources.ca
1 Year Ascot Resources Chart |
1 Month Ascot Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
