Ascot Publishes Inaugural Sustainability Report
March 21 2022 - 7:00PM
Ascot Resources Ltd. (
TSX: AOT; OTCQX:
AOTVF) (“
Ascot” or the
“
Company”) is pleased to announce the publication
of the Company’s inaugural Sustainability Report. This report will
be updated annually and will evolve as Ascot progresses from
development into production next year. The 2021 Sustainability
Report can be accessed and downloaded at the address below.
https://ascotgold.com/sustainability/sustainability-reports/
Derek White, President and CEO, commented,
"Since this management team started in 2017, we have prioritized
working with local communities and stewarding the environment. As
Ascot progresses from exploration to construction and ultimately
production, we have designed the Premier Gold Project with
best-in-class environmental standards and it is in fact one of the
lowest impact gold projects in Canada in terms of surface
disturbance, water quality management, and greenhouse gas
emissions.
With this inaugural Sustainability Report we
have begun to track our performance in these areas, highlighting
various initiatives which make us stand out, with goals so that we
can continue to make a positive impact into the future. We look
forward to expanding on this report as we progress into production
and are eager to bring much prosperity to the local communities
through employment, training, and contract opportunities.”
Figure 1 – 2021 Sustainability Report
Dashboard
Nisga’a artist creates
design for Ascot
As a feature of the 2021 Sustainability Report,
Ascot is pleased to announce that Nisga’a artist Ian Morven has
created an original design for the Company (see Figure 2). Mr.
Morven’s design is intended to show Ascot’s collaborative
relationship with Nisga’a Nation and our ongoing commitment to
working together, particularly with regard to caring for the
environment.
In Mr. Morven’s design, the human figure has his
hand inviting you to come and join Ascot and Nisga’a, and he will
help you on your way. He has a talking stick to tell you the story
of the adventures that have passed and those yet to come. He wears
war paint to symbolize the obstacles overcome. The dragonfly
symbolizes the environment, and the eagle represents the clan that
was originally from the lands around Stewart and the Premier Gold
Project.
Derek White, President and CEO, commented, “It
is important to Ascot that we celebrate Nisga’a culture in all its
forms from land stewardship to language and art. Ascot is proud to
partner with Ian Morven to showcase his original design.”
Figure 2 – Ian Morven’s original design
for Ascot
On behalf of the Board of Directors of
Ascot Resources Ltd.“Derek C. White”President &
CEO
For further information
contact:
David Stewart, P.Eng. VP, Corporate Development
& Shareholder Communications dstewart@ascotgold.com
778-725-1060 ext. 1024
Rhea Halfnight LeFlufyIndigenous
Relationsindigenousrelations@ascotgold.com
About Ascot Resources Ltd.
Ascot is a Canadian junior exploration and
development company focused on re-starting the past producing
Premier gold mine, located on Nisga’a Nation Treaty Lands, in
British Columbia’s prolific Golden Triangle. Ascot shares trade on
the TSX under the ticker AOT. Concurrent with progressing the
development of Premier, the Company continues to successfully
explore its properties for additional high-grade underground
resources. Ascot is committed to the safe and responsible
development of Premier in collaboration with Nisga’a Nation as
outlined in the Benefits Agreement.
For more information about the Company, please
refer to the Company’s profile on SEDAR at www.sedar.com or
visit the Company’s web site at www.ascotgold.com, or for a virtual
tour visit www.vrify.com under Ascot Resources.
The TSX has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding
Forward-Looking Information
All statements and other information contained
in this press release about anticipated future events may
constitute forward-looking information under Canadian securities
laws ("forward-looking statements"). Forward-looking statements are
often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "expect" and
"intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar
expressions. All statements, other than statements of historical
fact, included herein are forward-looking statements, including
statements in respect of Ascot’s progress from exploration to
construction and production and the timing related thereto. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements, including risks associated with the business of Ascot;
risks related to exploration and potential development of Ascot's
projects; business and economic conditions in the mining industry
generally; fluctuations in commodity prices and currency exchange
rates; uncertainties relating to interpretation of drill results
and the geology, continuity and grade of mineral deposits; the need
for cooperation of government agencies and indigenous groups in the
exploration and development of properties and the issuance of
required permits; the need to obtain additional financing to
develop properties and uncertainty as to the availability and terms
of future financing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and
other governmental approvals; risks associated with COVID-19
including adverse impacts on the world economy, construction timing
and the availability of personnel; and other risk factors as
detailed from time to time in Ascot's filings with Canadian
securities regulators, available on Ascot's profile on SEDAR at
www.sedar.com including the Annual Information Form of the Company
dated March 21, 2022 in the section entitled "Risk Factors".
Forward-looking statements are based on assumptions made with
regard to: the estimated costs associated with construction of the
Project; the timing of the anticipated start of production at the
Project; the ability to maintain throughput and production levels
at the Premier Mill; the tax rate applicable to the Company; future
commodity prices; the grade of Resources and Reserves; the ability
of the Company to convert inferred resources to other categories;
the ability of the Company to reduce mining dilution; the ability
to reduce capital costs; and exploration plans. Forward-looking
statements are based on estimates and opinions of management at the
date the statements are made. Although Ascot believes that the
expectations reflected in such forward-looking statements and/or
information are reasonable, undue reliance should not be placed on
forward-looking statements since Ascot can give no assurance that
such expectations will prove to be correct. Ascot does not
undertake any obligation to update forward-looking statements. The
forward-looking information contained in this news release is
expressly qualified by this cautionary statement.
Ascot Resources (TSX:AOT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ascot Resources (TSX:AOT)
Historical Stock Chart
From Sep 2023 to Sep 2024