The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Ascot Resources Ltd. July 8 announced the discovery of new high-grade copper, gold, and silver mineralization west of the main deposit on the company's Premier project near the town of Stewart, at the southern tip of British Columbia's Golden Triangle. A planned 25,000-meter drill program at Premier got underway in late May by following up on the 2020 success west of the Premier deposit, a lower-elevation area that is easier to access early in the year. Highlights from the 202...
Bonanza gold grades tapped during Ascot Resources Ltd.'s 2020 drill program can only sweeten what is shaping up to be an economically robust operation at its Premier Mine project just outside of Stewart, British Columbia. A 2020 feasibility study for the resumption of mining at Premier envisions four mines in the Stewart area – Silver Coin, Big Missouri, Red Mountain and Premier – providing ore to the existing 1990s era mill. At 2,500 metric tons per day, this operation is... Full story
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern... Full story
