Ascot looks to write Premier mine’s third chapter

STEWART, B.C. — The existing infrastructure of Ascot Resources’ (TSXV: AOT; US-OTC: AOTVF) past-producing Premier-Dilworth gold project in northwestern B.C.’s Golden Triangle region is one of its greatest assets. “Underground mine, tailings facility, power, road, mill – we have it all,” Derek White, Ascot’s president and CEO, tells The Northern Miner during a visit to the company’s flagship project in August. The infrastructure is the accumulation of the mine’s storied history, inseparable from that of the nearby town of Stewart. Situated at the head of the Portland Canal, Stewart is across the border from the town of Hyder, Alaska. Over a century after the first claims were staked, White is leading Ascot’s attempt to give the Premier mine a third go. His experience restarting past-producing mines made him a good choice for the company’s shareholders when they were looking for a CEO to help bring the Premier-Dilworth project back into production. Since taking the helm in October 2017, he has been crafting a strategy to do just that. Continue reading at The Northern Miner.