10:28:43 EST Fri 02 Dec 2022
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Ascot Resources Ltd
Symbol AOT
Shares Issued 435,622,128
Close 2022-03-21 C$ 1.08
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Ascot Resources publishes sustainability report

2022-03-21 19:04 ET - News Release

Mr. Derek White reports


Ascot Resources Ltd. has published its 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 on the company's website.

Derek White, president and chief executive officer, 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."

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. Mr. Morven's design is intended to show Ascot's collaborative relationship with Nisga'a Nation and its continuing 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. Mr. 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."

About Ascot Resources Ltd.

Ascot is a Canadian junior exploration and development company focused on restarting 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 Toronto Stock Exchange 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.

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