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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16377)	4/20/2016 12:49:21 PM
From: Goose94	Read Replies (2) \| Respond to of 202373

Ascot Resources (AOT-V) April 20, '16 is pleased to announce that favourable weather conditions enabled it to get an early start to the 50,000 metre drill program planned for 2016, at its Premier gold property near Stewart, British Columbia. The first drill started April 6th and a second drill was added April 15th. Two to three more drills will be added as the season progresses. The bulk of the work will be concentrated in the old Premier Mine area and will consist of 42,200 metres of drilling in 149 holes from 34 pads. The layout of the drill plan, based on twenty-five metre centres, together with the re-assaying of the Westmin rejects from its 1996 drill program (see news release March 8th 2016) will enable the Company to commission a maiden NI 43-101 resource on this area after the completion of the 2016 field season. This area represents approximately 7.5% of the Premier system and is not necessarily the most prospective area within the Premier target. It is, however, the area where the most information is available and is the logical area to start building a resource. Ascot will use a portion of its 2016 drill budget to explore the potential of one of the other prospective areas, Northern Lights. On Behalf of the Board of Directors ASCOT RESOURCES LTD. John A. Toffan, President and Director Ascot Resources Ltd. (604) 379-1170 www.ascotresources.ca