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

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By Shane Lasley
Mining News 

Ascot secures Premier gold mine funding

North of 60 Mining News - December 12, 2022


Last updated 12/22/2022 at 2:32pm

The miners walking underground at the Premier gold-silver mine in Northern BC.

Ascot Resources Ltd.

With the C$200 million financing package, Ascot can finish the underground and surface work needed to begin a new era of mining at the Premier gold-silver project near Stewart, BC.

C$200M financing package provides cash needed to restart operations at Northern BC gold-silver mine.

Having pulled together a C$200 million (US$147 million) financing package, Ascot Resources Ltd. is now positioned to begin commissioning the mill at Premier by this time next year and reach commercial production at the gold-silver mine in Northern British Columbia early in 2024.

The com...

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