Ascot Resources Ltd at Cambridge House International Vancouver Resource Investment Conference Transcript
Ascot is a restart of a high-grade gold opportunity in the Golden Triangle, and it's located at the southern end of the Golden Triangle near Stewart, British Columbia; and Hyder, Alaska. When we look at Ascot, Ascot has a number of mines that are close by.
And these have been very high-grade gold mines, some of the highest-grade gold mines in the world. Eskay Creek was certainly one of the very popular mines. Snip -- and the Premier mine itself was the largest gold mine in North America for about 30 years.
The strategy of Ascot is a relatively simple one: it's to take existing deposits around a common infrastructure, really a hub-and-spoke-type setup. And over the last two years since management's been involved, we've been developing those projects to take back and restart the mine.
There's three mines that are quite close to the mill and then a fourth deposit that was acquired in 2019, the IDM Red Mountain project. And the reason that this is being done is because the capital cost for restarting is much, much
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