https://www.engineeringnews.co.za

Ascot drills highest-grade intercept in 8 years

6th November 2023

By: Creamer Media Reporter

     

Font size: - +

Toronto-listed Ascot Resources on Friday announced its “highest-grade intercept since 2015”, as it released the third batch of assay results from the 2023 exploration drill programme at the Premier gold project, in British Columbia.

Highlights from the drill result include 98.84 g/t over 6.48 m from a depth of 51.5 m in hole P23-2490, including 691.5 g/t over 0.9 m.

This, Ascot said, was the all-time second highest drill intercept at the Big Missouri and the highest-grade drill intercept property-wide since 2015.

The programme also yielded 22.3 g/t over 9.72 m at a depth of 58.3 m in hole P23-2484, including 98.1 g/t over 1.91 m.

“With underground mine development at Big Missouri having started last year, this is an opportune time to have intercepted some of the highest-grade gold mineralisation in Ascot’s history. In particular, the 692 g/t intercept from hole P23-2490 is located in an area currently scheduled to be mined next year, and as such we are eager to exploit this material early in the mine life,” said president and CEO Derek White.

Drilling for the 2023 exploration season at the Big Missouri deposit was conducted from early August until this past week, during which time 72 holes were drilled from surface for a total of 6 539 m.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Rio-Carb
Rio-Carb

Rio Carb is an OEM (Original Equipment Manufacturer) of R-C700 Chromium Carbide (CrC) alloy clad wear plates and pipes used for heavy materials...

VISIT SHOWROOM 
Industrial Nozzles & Systems (Pty) Ltd
Industrial Nozzles & Systems (Pty) Ltd

Industrial Nozzles & Systems (Pty) Ltd (Est. 2000) exclusive representative in Southern Africa for LECHLER GmbH (Est. 1879) - Europe's leading...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.062 0.901s - 140pq - 2rq
Subscribe Now