The Assay TV catches up with Derek White, president, and CEO of Ascot Resources (TSX: AOT), a Canadian based mineral development company.
Ascot is focused on re-starting the processing plant at the historic Premier gold mine (PGP), located in British Columbia’s prolific Golden Triangle.
The company commenced its exploration programme at PGP earlier this year, with an initial 10,000m of surface drilling underway for resource expansion, as well as in-fill drilling of early mining areas at the Big Missouri and Premier deposits.
Additionally, the exploration drilling will extend the Day Zone at Big Missouri, and the Sebakwe Zone north of the Premier mill.
Derek highlights that the company is advancing towards its first gold pour, expected Q1 2024.
Website: ascotgold.com
Primary tickers: TSX:AOT, OTCQX:AOTVF
Stage of development: Development, Production
Commodity: Gold
Project to promote: Premier Gold, Red Mountain
Project location: Canada