The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Ascot Resources Ltd. July 28 reported additional high-grade gold results from its extensive drill program a Premier, a large property near Stewart British Columbia that blankets the historic Premier Mine, which produced 2.1 million ounces gold and 44.9 million oz starting in 1918.
The company said drilling at Northern Lights, a zone just northwest of the historical mine areas at Premier, continues to deliver good results.
P17-1366, drilled in a subzone of Northern Lights known as Ben, cut 1.2 meters of 190.5 grams per metric ton gold, within a 30.57-meter interval averaging 8.57 g/t gold.
P17-1334, also drilled within the Ben subzone, cut 1 meter of 99.6 g/t within a 6.5-meter intercept grading 17.3 g/t gold.
P17-1313 cut an 11.9-meter intercept in another subzone below Ben grading 10.31 g/t gold, including cut 1 meter of 70.7 g/t gold.
P17-1269, a previously reported hole in this area, cut 0.5 meter of 1,135 g/t gold within a 16.15-meter intercept averaging 36.31 g/t gold.
These results are from a 120,000-meter drill program planned for Premier this year.
So far, Ascot has completed more than 55,133 meters of drilling in 2017 and has seven rigs turning on the property.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
Reader Comments(0)