Ascot Resources Ltd. (the "Company") (TSX VENTURE:AOT) is pleased to announce
preliminary results of exploratory work at its Dilworth Property near the town
of Stewart in northern British Columbia.


Significant results of surface sampling received to date are outlined in the
following table. The zones are listed geographically from north to south.




----------------------------------------
                   Width      Au      Ag
Zone                  (m)   (g/t)   (g/t)
----------------------------------------
Chicago North         17     2.1     109
----------------------------------------
Central Chicago        6     9.4     246
 Includes              2    24.2     524
----------------------------------------
West Chicago           3    12.8     265
 Includes              1    20.2     300
----------------------------------------
Southwest Chicago      8     3.2      83
----------------------------------------
Hammer                 4     5.8     386
 Includes              1    10.4     728
----------------------------------------
49er North           3.9     4.2      99
----------------------------------------
49er                   5     9.8   1,068
 Includes              2    21.7   2,474
----------------------------------------
Below Helen            5    14.1     111
 Includes              1    51.4     283
----------------------------------------



The Company is currently in the process of diamond drilling all of these zones.
Assays for drill results are pending and will be released as they become
available.


The Dilworth property is underlain by volcanic and sedimentary rocks of the
Lower Jurassic Unuk Rover Formation (Hazelton Group). Gold and silver
mineralization consists of a series of northwest striking, steeply dipping
quartz veins and alteration zones. The current exploration area is focused in
the southwest portion of the property extending over a north-south distance of
nearly 2km.


Warner Gruenwald, P. Geo., designated as the Qualified Person (QP) as defined by
National Instrument 43-101, has reviewed the data and scientific and technical
information contained in this news release. Samples from this release were
analyzed by Assayers Canada in Vancouver, BC.


ON BEHALF OF THE BOARD OF DIRECTORS OF ASCOT RESOURCES LTD.

John A. Toffan, President & Director

Cautionary Statement Regarding Forward-Looking Information

All statements, trend analysis and other information contained in this press
release regarding anticipated future events or results constitute
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. Forward-looking statements are subject to business and
economic risks and uncertainties and other factors that could cause actual
results of operations to differ materially from those contained in the
forward-looking statements. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change. Investors
should not place undue reliance on forward-looking statements.
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