Ascot Resources Says Drilling at New Silver Hill Target Intersects Mineralization; Stock Falls 3.1%

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Ascot Resources Says Drilling at New Silver Hill Target Intersects Mineralization; Stock Falls 3.1%

posted on Dec 16, 2019 10:24AM

2019-12-16 10:13:46 AM ET (MT Newswires)

10:13 AM EST, 12/16/2019 (MT Newswires) -- Mineral explorer Ascot Resources (AOT.TO) said Monday that drilling at the new Silver Hill target of its Premier property yielded high-grade silver results.

Results include 880 gram per tonne (g/t) silver over 1 meter in hole P19-2170, 787 g/t silver over 1 meter in hole P19-2170, and 220 g/t silver over 0.85 meters in hole P19-2163.

"These high-grade silver results are the first drill intercepts confirming the high-grade potential from this target area," said CEO Derek White.