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Ascot Resources Intersects 30.65 g/t Gold Over 6.05 Meters at Premier
May. 25, 2017 09:41AM PST
Precious MetalsThe Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag. As quoted in the press release: Highlights of Release: In this first set of results for 2017, many of the …
The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag.
As quoted in the press release:
Highlights of Release:
In this first set of results for 2017, many of the drill highlights are coming from a portion of the Northern Lights Main zone, largely unrecognized until preliminary drill testing by Ascot in 2016. Numerous results in this release are from this new zone and include P17-1242 with 66.10 g/t Au over 1.13 m’s within a wider interval grading 10.40 g/t Au over 12.13 m’s. Another hole in this target area, P17-1267, returned 48.6 g/t Au over 1.00 m within a broader zone of 9.00 g/t Au over 7.50 m’s. Present drilling shows this gently northwest dipping zone to have continuous higher grade mineralization over a present strike length of 250+ meters with a typical dip length of 200+ meters. This zone remains open in all directions and several visible gold intersections have been obtained, presently three Ascot drill rigs are testing and expanding this central area.
