AOT Ascot Resources Ltd

Ascot Resources Ltd. (TSX VENTURE:AOT) is pleased to announce the signing of
contracts for the construction of the full-scale ship loading facility for its
100% owned Swamp Point Aggregate Mine. The Mine, located on tidewater in
northwestern British Columbia, is being developed to provide high-quality
aggregates to California and other Pacific coastal markets. A camp, access roads
and sediment control structures were built in 2007. Completion of the ship
loading facility will allow full-scale aggregate production, including the
loading of vessels up to Panamax size (70,000 dwt).


Fabrication and delivery of two ship-loaders was awarded to Telestack
International Limited of Northern Ireland, UK. Two independent 2,000 tonne per
hour 'Low-Tail' Telestack ship-loaders are designed to provide an average
loading rate of 4,000 tonnes per hour, and individually can be driven for short
periods up to 2,500 tonnes per hour if a higher productivity is required. The
two units, which allow for 100% operating redundancy, will be mounted on a dual
elevated rail system providing full longitudinal travel along the hatch length
of the ship thus eliminating any need to move the vessel during loading. The two
units, designed to operate year round, were chosen based on their simplicity,
reliability and cost.


Broadwater Industries Ltd. of Prince Rupert has been chosen to be general
contractor for the construction of the marine facilities including steel
substructures and the erection of the Telestack loaders. Subcontractors Fraser
River Pile & Dredge Ltd. and Pacific Blasting Ltd., both of Vancouver, B.C.,
have been retained for construction related to pile installation and earthworks.
Structural design engineering and construction supervision is being provided by
Sandwell Engineering Inc., of Vancouver, B.C.


The entire ship loading facility has been designed to be a cost-effective and
low environmental impact alternative to traditional ship loading designs. It is
anticipated that the ship-loaders will be delivered to the Port of Prince Rupert
by year end where they will be assembled and delivered to the Swamp Point site
for commissioning in the first quarter of 2009.


Ascot expects to be in a position to begin deliveries to export and local
markets in the 1st quarter of 2009.


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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