Ascot Resources Secures Major Financing and Advances Mining Operations

Ascot Resources (TSE:AOT) has released an update.

Ascot Resources Ltd. has successfully completed a significant financing deal, raising $34,000 through the sale of flow-through and hard dollar units, enhancing the company’s financial stability and growth prospects. The company has reported progress in its mining operations, with substantial development at the Big Missouri deposit and Premier Northern Light, and has begun processing higher-grade ore which resulted in the production of approximate totals of 5,713 ounces of gold and 1,288 ounces of silver.

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