Ascot Mining has active gold mining and milling operations in Costa Rica where it has commenced production of gold from its wholly owned Chassoul concession.
Ascot Mining has been SUSPENDED from trade yesterday(same day as our Gold ann) and maybe they will do a deal with RRR/RSL on the Chassoul concession? Merger?
RRR has a significant interest in Ascot and this may be a way to achieve a near production or producing Gold ambitions cheaply.
Just a theory Saggy...(or maybe it's in Kenya?)
Low Cost Production is Key.
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