North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Window closes on 2023 Premier Mine start

Without funding for summer activities, project delayed a year North of 60 Mining News – June 24, 2022

 

Last updated 6/23/2022 at 3pm

Crews survey new underground mine development at the Premier gold project in BC.

Ascot Resources Ltd.

Crews have completed 115 meters of underground mine development at Big Missouri, the first deposit to deliver ore to the mill at the Premier gold-silver deposit near Stewart, BC.

Just as Ascot Resources Ltd. was entering the home stretch of reestablishing a mine at Premier, the company has been forced to curtail some of the summer construction work needed to put the historic Northern British Columbia gold-silver mine back into operation early in 2023.

This slowdown at Premier, which will likely delay the first gold pour by a year, is due to a lack of adequate financing...



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