Ascot Resources (TSE:AOT) has released an update.
Ascot Resources Ltd. reports significant progress in 2023 with a closed financing package of US$50 million, an 86% completion of construction by Q4, and the anticipated introduction of first ore into the mill by March 2024 with first gold pour expected in April. They achieved a safety milestone of over 1 million hours without lost time incidents and made advancements with their tailings storage facility, water treatment plant, and worker accommodations. These developments position Ascot for a strong operational year ahead.
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