Ascot Resources Ltd. said Dec. 20 that final results from the expanded 2016 drill program at its past-producing Premier property in British Columbia intersected 1.50 meters at 125.50 g/t of gold and 69.6 g/t of silver in the 609 zone area, within a broader interval of 14.80 meters at 13.71 g/t of gold and 26.5 g/t of silver.

Drilling also intersected an extension 200 meters to the northwest of the Northern Lights system at Premier, returning 26.0 meters at 4.65 g/t of gold and 16.4 g/t of silver.

Ascot Resources recently raised C$9 million for exploration.