Author photo

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...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024