London, 20 February 2012, Ascot Mining Plc (PLUS Markets: ASMP, XETRA®: AM3.DE, "Ascot" or the "Company") is pleased to announce it has begun to mobilize the exploration programme at its Chassoul project in Costa Rica as well as undertaking expansion of the area of the concession.
Ascot’s objective is to endeavor to establish a minimum compliant resource of up to 100,000 ounces of gold by the end of 2012 and up to 250,000 ounces by the end of 2013.
To date, all exploration, development and gold production at Chassoul has been confined to just 12% of the existing 2 km2 concession. The remaining 88% is now ...
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