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    gold investing

    Ascot Resources Intersects 30.65 g/t Gold Over 6.05 Meters at Premier

    Written by Priscila Barrera
    |
    May. 25, 2017 09:41AM PST

    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 …

    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.

    Click here for the full text release

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