Ascot Reports Second Quarter 2024 Production Results and Provides Commissioning Update

VANCOUVER, British Columbia, July 03, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX:AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) today announces second quarter production results and provides a commissioning update at the Company’s Premier Gold Mine (“Premier”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Initial commissioning material was introduced into the grinding circuit of the mill on March 31, 2024, initial commissioning ore started to be processed on April 8, 2024, and first gold was poured on April 20, 2024. During the remainder of the quarter, the Company continued commissioning the mill, water treatment plant, and established the secondary underground egress at the Big Missouri deposit to commence production in its planned stoping areas. Many of the commissioning challenges encountered in the mill have been addressed, which is starting to demonstrate an increasing frequency and quantity of gold pours.

Read more at globenewswire.com