08:17 AM EST, 01/06/2020 (MT Newswires) -- Ascot Resources (AOT.TO), a gold and silver explorer, said Monday that drilling conducted at Silver Coin deposit of its Premier Gold Project near Stewart in northwestern British Columbia continues to intersect high-grade gold.

Results include 30.81 gram per tonne gold (g/t Au) over 6.69 meters in hole P19-2137, 28.96 g/t Au over 3.20 meters in hole P19-2136, and 12.24 g/t Au over 4.59 meters in hole P19-2130.

"The new intercepts underpin a better understanding and predictability of the geological model and provides Ascot a stronger base to work from for the development of the forthcoming updated resource statement and feasibility study," said CEO Derek White.

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