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(Kitco News) - Ascot Resources (TSX:AOT) updated its Premier gold project today.
Ascot is re-starting the past producing Premier gold mine in British Columbia's Golden Triangle.
As of Q1 2023, detailed engineering stands at 99% complete, major procurement is over 95% complete, and project construction excluding mine development is at 35%. The company plans to further ramp up construction efforts in the coming months with the mobilization of the earthworks and underground mining contractors, and will continue to advance project development towards initial gold pour in early 2024.
