Ascot Resources has reported that Martha Ellen zone is the target of the present drill program being carried out at Premier.
The company continues to intersect shallow mineralization in zones that are gently dipping in east and west. These zones are related to a stockwork along the zone’s eastern part and Premier porphyry dykes.
This region is considered to be the Big Missouri zone’s northwest fault offset expansion. Previously, Westmin examined the area with the help of 144 historic diamond holes. Drilling is currently being conducted at a density, which will help estimate the preliminary resource of this shallow target.
The company has so far drilled 110 holes, totaling 23,735 m, during this year. It continues to encounter extensive silver and gold mineralization zones in several areas that show bulk potential in a flat sheet such as orientation with higher grades of silver and gold in zones inside wide gold envelopes.
Ascot is conducting a drill test at the prominent Big Missouri area, located in the northwest parts that enclose Province/Big Missouri, Northstar and Day zones. The company will drill the Big Missouri area at adequate density in order to report an updated 43-101 resource in this huge target. The surface level of alteration and showings in this region encloses about 3.0 sq. km of surface area.
Vancouver-based SGS Canada and ALS Lab Group are conducting analytical work. Samples that contain more than 10 g/t gold and 10 g/t silver and over 10,000 ppm zinc and lead are regularly re-assayed. Metallic assays are conducted on identified metallic silver or gold. Storage and sampling are made at the firm’s facility in Stewart.
Source: http://www.ascotresources.ca/
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