Posted in | Gold | Mining Business

Ascot Resources Plans Minimum 50,000-Metre Drill Program in 2016 at Premier Gold Property

Ascot Resources is pleased to announce that it is planning a minimum 50,000 metre drill program in 2016, at its Premier gold property near Stewart, British Columbia. Work is expected to commence, weather permitting, in early April.

The program is designed to expand on the historical (non-compliant) resources in the old Premier Mine area of the property by drilling on twenty-five metre centres and following up with additional drill holes on high grade targets.

In 2016 the Company will also re-assay 7,550 rejects from 196 holes drilled underground in the old Premier Mine area by Westmin, in 1996. This will allow the data to be used for a new NI 43-101 compliant resource.

On Behalf of the Board of Directors


Per: John A. Toffan

John A. Toffan, President and Director


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