Ascot Resources Intersects 572.00 g/t Gold Over 1.00 Meter at Premier

VANCOUVER, BRITISH COLUMBIA--(Dec 18, 2015) - Ascot Resources Ltd. (TSX VENTURE:AOT) - The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag.

Highlights of Release:

• Hole P15-924, in the "Lunchroom subzone" intersected an uncut average of 53.21 g/t gold over a core length of 13.00 meters. The highest value in this intersection was a 1.00 meter interval which graded 572.00 g/t gold. Hole P15-932 approximately 50 meters southeast of P15-924 intersected an uncut interval of 98.80 g/t gold over a 1.76 meter interval.
• The "Obscene subzone" located 400 meters northeast of the "Lunchroom subzone" also continues to encounter high grade gold intersections. Hole P15-920 intersected an uncut average of 15.62 g/t gold over a core length of 8.00 meters. The highest value in this intersection was a 1.00 meter interval which graded 111.50 g/t gold.