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The Premier gold project is located 25 kilometres from the town of Stewart, British Columbia. Credit: Ascot Resources
Total proceeds, totalling approximately C$52 million , will be used by Ascot to resuscitate its Premier gold project in British Columbia’s Golden Triangle, which made its first pour in April of this year and was initially targeted for commercial production in the third quarter. The project, located 25 km from the town of Stewart, is home to a former underground gold mine that opened in 1918 and included four deposits – Silver Coin, Big Missouri, Premier and Red Mountain.
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