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Ascot finds high-grade gold zones at Premier


Last updated 11/27/2016 at Noon

Ascot Resources Ltd. Nov. 16 reported high-grade gold intercepts from an expansive drill program at its Premier property near the town of Stewart in northwest British Columbia.

Highlights from the latest batch of drill results include 13.3 meters of 15.28 grams per metric ton gold in hole P16-1169; and 12.27 meters of 16.73 g/t gold in P16-1178.

Both holes were drilled in a flat lying eastern extension of the Lunchroom zone which potentially links the northwest trending Lunchroom zone into the historic Glory Hole area to the east.

Ascot drilled 69,123 meters in 279 holes at Premier in 2016.

This expansive property encompasses the historical Premier Mine, which produced 2.1 million ounces of gold and 44.9 million oz. of silver.


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