Big Missouri Martha Ellen Dilworth

April 2014
1
Forward Looking Statement
This presentation contains certain forward-looking information concerning the business of Ascot Resources Ltd. (the
"Corporation"). All statements, other than statements of historical fact, included herein including, without limitation;
statements about the exploration of the Premier Property and completion of the acquisition of the Premier Property, are
forward-looking statements. These forward-looking statements are based on the opinions of management at the date the
statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors
that could cause actual events to differ materially from those projected in forward-looking statements. Important factors
that could cause actual results to differ materially from the Corporation's expectations include fluctuations in commodity
prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and
grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and
development of properties and the issuance of required permits; the need to obtain additional financing to explore and
develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in
exploration programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of
permits and other governmental approvals. The Corporation is under no obligation to update forward-looking statements
if circumstances or management's opinions should change, except as required by applicable securities laws. The reader
is cautioned not to place undue reliance on forward-looking statements.
Qualified Person:
The scientific and technical data for this presentation has been prepared by Graeme Evans P.Geo. for the Ascot
Resources properties. Graeme Evans P.Geo. acts as “qualified person” under National instrument 43-101 Standards of
Disclosures for Mineral Projects.
2
1/Dilworth/Premier•gold, silver , base metal epithermal property in northwestern BC near town of Stewart.
•Large property >105 square km’s includes old Premier Mine (2+MOzAu, 45+Moz Ag) and several active mining leases.
•Can earn 100% interest subject to royalties.
•Ascot has been working on the project for 7 years and has spent approximately $25 million to date.
•Have announced an updated NI-43-101 resource March 31, 2014 which only covers 20% of the Big Missouri-Martha Ellen-Dilworth
target area. 2014 Resource 2.830 Moz AuEq Indicated,1.804 Moz. AuEq Inferred.
•Plan for ~40,000 m’s of drilling in 2014 to expand all three resource areas and demonstrate underground potential at Premier.
•2/ Mt. Margaret•Copper ,gold, silver , molybdenum porphyry project near Mt. St. Helens Washington.
•Hold 100% interest subject to 1.5% NSR and federal royalty to be negotiated.
• Drilled 11 NQ DDH’s 2010 supports historic shallow historic Duval Resource 523Mt-0.56% CuEq.*
•Have received prospecting permits on adjacent ground.
•Plan to drill 63 additional holes (~34,000m’s) in 2014 to outline an initial 43-101 compliant Resource.
•3/ Swamp Point•Sand and gravel deposit on the Portland Canal in northwest near Stewart BC an inferred resource of 66Mt.
•Owns 100% subject to two royalties.
•Hold mining license through 2021.
•Development put on hold after 2008 financial downturn but has received renewed interest with recent plans for LNG and oil plants at
Kitimat and Prince Rupert.
•Near term potential to sell or reactivate property.
*Mt. Margaret historical Geological Resources for the Mt. Margaret deposit are referenced in CIM Special Volume 37 as well as
several USGS and GSC databases. These historical resource estimates predate the implementation of National Instrument 43-101
("NI 43-101") guidelines and are not compliant with current accepted reserve and resource classifications as set forth by Canadian
Institute of Mining and Metallurgy, Aug 20, 2000 (CIM Guidelines).
*Swamp Point measured mineral resource from January 17, 2006 “Swamp Point Aggregate Project” 43-101 Compliant Technical
Report, Hatch,Golder, and Haines Technology. The mineral resource is a preliminary measured mineral resource and is within an
existing lease permitted to Ascot Resources.
3
4
A large land Package of approx. 10,568 ha’s or 105.6 square kms in a
good location with existing infrastructure, including road access and
existing mining leases.
Brucejack
Ascot’s
Premier and
Dilworth
Projects
Premier and Dilworth
Project Location
5
Dilworth
Martha Ellen
Big Missouri
Area
Silver Coin
Jayden
Resources
Premier Mine
Area
6
The Premier Gold Mine is a historical producer of 2.1 million ounces of gold and 44.9 million
ounces of silver, until operations were suspended in 1996.
In 2014 Ascot plans an extensive $6.0 million surface and underground exploration
program, to expand the northern areas of Big Missouri-Martha Ellen and Dilworth target
areas as well demonstrate the underground potential at Premier. Undeveloped historic
resources remain at lower levels with many targets down dip.
Historical Production
Tons
Gold
Grade
(oz/ton)
1918-1947 5,599,029
0.331
1988-1996 3,039,680
Total
0.085
Silver
Grade
Ounces Ounces Ag
Au
(oz/ton)
7.117
1,850,561 39,848,077
1.670
8,638,700
259,528
5,076,233
2,110,089 44,924,310
.
7
Now have a working database with 4,453 historic drill holes in database.
Numerous High Grade underground targets.
NE Limb Long Section Underground Targets In Red
8
Only 20% of
target areas have
been drill tested.
Dilworth Area
Dilworth
Target Areas
Martha Ellen
Martha Ellen Area
2014 Resource
Pits
Big Missouri
Big Missouri Area
9
Resources by Ronald G. Simpson P.Geo., using a 0.3 g/t AuEq Cut-off.
Class
Indicated
Inferred
Deposit
Tonnes
000's
Average Grades
Au g/t
Ag g/t
AuEq
Contained oz (000's)
Au
Ag
AuEQ
Big Missouri
61,859
0.91
5.8
1.01
1,810
11,535
2,007
Martha Ellen
8,345
1.15
9.9
1.32
309
2,656
354
Dilworth
23,298
0.48
8.8
0.63
357
6,592
469
Total
93,502
0.82
6.9
0.94
2,475
20,783
2,830
Big Missouri
34,665
0.74
8.0
0.88
825
8,916
976
Martha Ellen
3,236
0.70
11.6
0.90
73
1,207
93
Dilworth
41,377
0.45
6.1
0.55
596
8,115
734
Total
79,278
0.59
7.2
0.71
1,494
18,238
1,804
1-Mineral Resources have an effective Date March 31, 2014; Ronald G. Simpson, P.Geo. is the Qualified Person responsible for the Mineral Resource estimates.
2-Mineral Resources are reported inside optimized pit shells using a gold equivalent grade of 0.3 g/t.
3-Tonnages are rounded to the nearest thousand tonnes; grades are rounded to two decimal places for Au and two for Ag. Rounding as required by reporting guidelines may
result in apparent summation differences between tonnes, grade and contained metal content.
Classified blocks have been constrained by a Lerch-Grossman optimized pit shell using a gold price of $1,400 per ounce and
a silver price of $24 per ounce. Cost Assumptions for pit optimization included processing + G & A at $10.00/t and mining at
$2.00/t. Assumed metal recovery factors were 92% for gold 65% for silver. Pit slope was set at 45°.
Deposit
Au
Ag
Big
Missouri
40
200
Martha
Ellen
20
250
Dilworth
10
250
2014 Grade Capping Levels ppm
10
Sensitivity to Cut-off
Combined Indicated
COG g/t AuEq
0.25
0.30 Current
0.35
0.40
0.45
0.50
1.00
2.00
3.00
Tonnes
000's
96,180
93,502
87,809
79,938
71,923
64,030
24,184
6,682
3,156
Au g/t
0.80
0.82
0.86
0.92
0.97
1.05
1.81
3.46
4.90
Ag g/t
6.8
6.9
7.1
7.5
7.8
8.2
11.1
14.4
14.8
AuEQ g/t 0z Au 000's 0z Ag 000's
0.92
0.94
0.98
1.04
1.11
1.19
2.00
3.70
5.15
2,484
2,475
2,425
2,352
2,252
2,157
1,410
743
497
21,150
20,783
20,115
19,174
17,974
16,795
8,657
3,098
1,504
0z AuEQ
000's
2,845
2,830
2,767
2,678
2,557
2,442
1,558
796
523
Combined Inferred
COG g/t AuEq
0.25
0.30 Current
0.35
0.40
0.45
0.50
1.00
2.00
3.00
Tonnes
000's
81,493
79,278
73,056
62,597
52,181
42,440
11,690
2,362
873
Au g/t
0.58
0.59
0.61
0.67
0.72
0.80
1.50
3.12
4.96
Ag g/t
7.0
7.2
7.5
8.1
8.9
9.9
14.6
17.8
13.7
AuEQ g/t 0z Au 000's 0z Ag 000's
0.70
0.71
0.74
0.80
0.88
0.97
1.75
3.42
5.19
1,508
1,494
1,443
1,341
1,216
1,094
563
237
139
18,449
18,238
17,517
16,333
14,952
13,453
5,469
1,352
383
The project remains robust at higher cut-off Grades.
0z AuEQ
000's
1,822
1,804
1,742
1,619
1,470
1,323
656
260
146
11
Ascot Gold Resources (Million Oz.)
4.000
1.496
3.500
3.000
Deposit
Big
Missouri
Martha
Ellen
Dilworth
All
Year
2009
2010
2011
2012
2013
Subtotal
2009
2010
2012
2013
Subtotal
2007
2008
2010
2011
2012
2013
Subtotal
Total
Holes
24
52
144
94
76
390
4
4
54
43
105
36
63
12
6
18
17
152
647
Metres
4,929.22
17,385.67
34,979.66
23,498.11
13,595.93
94,388.59
848.46
603.81
8,784.66
6,578.54
16,815.47
5,037.20
10,910.88
3,751.79
1,353.00
4,659.03
4,250.14
29,962.04
141,166.10
0.443
2.500
2.000
Inferred
0.993
2.475
1.500
1.000
Indicated
2.204
1.290
0.500
0.000
2012 Au Moz
2013 Au Moz
2014 Au MOZ
Ascot Silver Resources (Million Oz.)
40
Cut-off grades
0.20 g/t Au in 2012
0.25 g/t AuEq 2013
0.30 g/t AuEq 2014
35
18.238
30
25
Inferred
20
Indicated
2.947
15
10
5
6.643
20.955
15.339
7.941
0
2012 Ag Moz
2013 Ag Moz
2014 Ag Moz
12
Only 20% of
target areas have
been drill tested.
Dilworth Area
Dilworth
Target Areas
Martha Ellen
Martha Ellen Area
2014 Resource
Pits
Big Missouri
Big Missouri Area
13
Big Missouri 2014 Pit
Outline
0
500
Big Missouri Target
Area ~3.0 sq km
M’s
Class
Indicated
Inferred
Deposit
Big
Missouri
Big
Missouri
Tonnes
000's
0
800
M’s
Average Grades
Au g/t
Ag g/t
Contained oz (000's)
AuEq
Au
Ag
AuEQ
61,859
0.91
5.8
1.01
1,810
11,535
2,007
34,665
0.74
8.0
0.88
825
8,916
976
14
0
400
M’s
Only 30% of Big Missouri system drill tested
and mineralization gently dipping zones
generally from surface to 200m’s depth.
0
Deposit
Year
Big
Missouri
2009
2010
2011
2012
2013
Subtotal
Holes
24
52
144
94
76
390
Metres
4,929.22
17,385.67
34,979.66
23,498.11
13,595.93
94,388.59
Intervals
Assayed
2525
11466
17718
10245
5066
47020
Metres
Assayed
3011.05
16810.43
32190.86
19787.32
9987.67
81,787.33
%
Assayed
61%
97%
92%
84%
73%
87%
400
M’s
15
0
250
M’s
Province Zone
Big Missouri
Zone
Average upper breccia body section 9.0
m’s @ 11.1 g/t Au
W
E
W-E Section Looking North
16
0
800
M’s
Martha Ellen 2014 Pit
Outline
0
400
M’s
Martha Ellen Target
Area ~1.8 sq km
Class
Indicated
Inferred
Deposit
Martha
Ellen
Martha
Ellen
Tonnes
000's
Au g/t
Average Grades
Ag g/t
AuEq
Au
Contained oz (000's)
Ag
AuEQ
8,345
1.15
9.9
1.32
309
2,656
354
3,236
0.70
11.6
0.90
73
1,207
93
17
Only 15% of target tested
generally higher grade and near
surface target.
Deposit
Year
Martha
Ellen
2009
2010
2012
2013
Subtotal
Holes
4
4
54
43
105
Metres
848.46
603.81
8,784.66
6,578.54
16,815.47
Intervals
Assayed
826
316
3868
2330
7340
Metres
Assayed
1303.97
603.81
7652.45
4936.19
14,496.42
%
Assayed
154%
100%
87%
75%
86%
18
0
800
M’s
Dilworth 2014 Pit
Outline
Dilworth Target Area
~1.6 sq km
0
600
Class
M’s
Deposit
Tonnes
000's
Au g/t
Average Grades
Ag g/t
AuEq
Au
Contained oz (000's)
Ag
AuEQ
Indicated
Dilworth
23,298
0.48
8.8
0.63
357
6,592
469
Inferred
Dilworth
41,377
0.45
6.1
0.55
596
8,115
734
19
Visible gold Sparky hole
#391-0.45m @ 3550 g/t Au,
2180 g/t Ag
Only 15% of Target area
tested.
Deposit
Year
Dilworth
2007
2008
2010
2011
2012
2013
Subtotal
Holes
36
63
12
6
18
17
152
Metres
5,037.20
10,910.88
3,751.79
1,353.00
4,659.03
4,250.14
29,962.04
Intervals
Assayed
Metres
Assayed
%
Assayed
2985
5649
2342
698
2088
1520
15282
3462.05
8958.68
3731.08
1253.12
4262.5
2963.82
24,631.25
69%
82%
99%
93%
91%
70%
82%
20
Now have four drill rigs-owned by Ascot.
Have a new compliant Resource on March 31, 2014.
Have completed new 3 year multiple permitting.
Ascot has drilled 676 diamond drill holes (2007-2013) with
costs now averaging $110/m all in with a discovery costs for pit
resources of $5.43/ per oz. AuEq.
Resource definition has only tested 20% of the target areas.
Now have database for high grade underground targets in
the Premier Mine area.
21
Washington Miocene Porphyry Cu Deposits
Miocene Arc
Bellingham
SUNRISE
GLACIER PEAK
NORTHFORK
Seattle
MIDDLEFORK
MT. MARGARET
BLACKJACK
Vancouver WA
Miocene Cu Porphyries
22
23
Mt. Margaret Geological Resource* –Source (CIM Special Volume 37, 1986)
All are non
“43-101”
Geological
Resource
(Duval
1980)
Tonnes
523.0 MT
Cu Grade Mo Grade Gold Grade Silver Grade
(%)
(%)
gt
gt
0.36
0.011
0.24
1.6
CuEq
Cuttoff
Grade
0.33%
CuEq
0.56%
Cu
* Geological Resources for the Mt. Margaret deposit are referenced in CIM Special Volume 37 as well as several USGS and GSC databases.
These historical resource estimates predate the implementation of National Instrument 43-101 ("NI 43-101") guidelines and are not
compliant . The Mt. Margaret resource estimates are considered relevant as they have been calculated on the basis of 20,729 metres of
diamond drilling in 105 drill holes, However, Ascot has not completed the work necessary to have the historical estimate verified by a
Qualified Person as a current mineral resource or mineral reserve estimate. The Company is not treating the estimate as a current NI 43101 defined resource or reserve estimate and the historical estimate should not be relied upon. There is no current economic evaluation
that demonstrates the potential economic viability of the stated resources therefore none of the geological resources should be
considered "reserves" under current CIM Guidelines. The present proposed 63 drill holes ( 34,000 meter ) program is designed to bring
this historic resource to a current compliant resource of at least inferred status.
CuEq= Cu($3.50lb), Au($38g), Mo ($15lb), Ag($.75g) 100% Recovery
24
MM-10-01
From
(m's)
Entire Hole
10.10
510.00
sunbint.
103.80
sunbint.
MM-10-02
CuEq= Cu($3.50lb), Au($38g), Mo
($15lb), Ag($. 75g) 100% Recovery
Cu%
Assay
Mo %
Ag g/t
Au g/t
499.90 1640.09
0.365
0.012
1.4
0.150
0.514
124.80
21.00
68.90
0.480
0.041
2.3
0.176
0.776
374.20
414.20
40.00
131.23
0.577
0.014
2.0
0.246
0.792
9.15
445.00
435.85 1429.95
0.424
0.005
1.6
0.139
0.538
subintervals 170.30
212.00
41.70
136.81
0.833
0.009
3.2
0.248
1.041
subintervals 222.00
244.00
22.00
72.18
0.654
0.004
2.3
0.200
0.804
subintervals 270.10
MM-10-03
11.60
319.00
48.90
160.43
0.645
0.003
2.3
0.202
0.792
496.00
484.4
1589.24
0.344
0.014
1.4
0.196
0.525
To (m's) Int. (m's) Int. ft
CuEq Entire Holes
0.514
0.538
0.525
subint.
245.30
287.30
42.0
137.80
0.558
0.018
2.0
0.178
0.753
subint.
416.10
447.60
31.5
103.35
0.580
0.022
2.3
0.592
1.020
MM-10-06
54.80
435.00
380.2
1247.38
0.500
0.013
3.0
0.203
0.698
subint.
185.20
242.40
57.2
187.66
0.756
0.031
2.8
0.247
1.053
subint.
362.30
408.80
46.5
152.56
0.695
0.006
2.4
0.300
0.909
MM-10-07
54.60
500.00
445.40 1461.29
0.341
0.009
1.6
0.173
0.491
subint.
263.00
345.30
82.30
270.01
0.638
0.022
2.3
0.323
0.932
MM-10-09
20.00
401.00
381.00 1250.00
0.347
0.007
1.6
0.130
0.465
0.465
MM-10-11
24.00
520.00
496.00 1627.30
0.459
0.014
1.5
0.225
0.657
0.657
subinterval
154.00
190.00
36.00
118.11
0.658
0.040
2.2
0.408
1.075
subinterval
335.40
428.60
93.20
305.77
0.565
0.013
1.5
0.203
0.747
subinterval
468.40
508.40
40.00
131.23
0.703
0.006
2.4
0.239
0.884
0.698
0.491
25
Mt. Margaret Duval Grade
Modeling and 2010 Ascot
Drill Holes
26
Historic
Resource
New Resource
Historic Cu Avg. on section 0.339% Cu-2010 more than doubled volume and Cu grade
27
average was 0.389% Cu giving a 15% grade increase in larger volume.
Have Acquired balance of leases as prospecting permits –approved USFS
and BLM December 2012.
Have also submitted a operating plan for up to 63 drill holes approx. 34,000
meters –now approved Dec. 21, 2012 . 2014 budget approx. $6.0 Million.
Establish a 43-101 compliant resource with further 2014 drilling based on 2010
and historic drilling.
Work in 2010 demonstrates the historic Mo, Ag and Au grades are realistic and
the historic copper grades were generally increased by an order of 15% while
increasing the volume at the same time.
Mt. Margaret contains grades higher than any presently operating open pit
porphyry deposit in B.C.!
28
Deep water foreshore lease,
permitted for production
with an advantageous
location to be supplier to
proposed LNG and Oil
plants.
Swamp Point
29
Swamp Point is permitted to 2021 and ready to produce with a short lead time! Results from the
exploration work in the period from 2002 through 2004 showed that the Swamp Point area is underlain
by a sand and gravel deposit that has substantial thickness (locally in excess of 84 m). An Inferred
Resource of 66 million tonnes of sand and gravel was calculated (Hatch, Golder,Shriner 2006 43-101
Technical Report) . Test work indicated that the deposit contains an average of 51% sand, 44% gravel and
5% silt and that the sand and gravel material meets or exceeds typical Canadian and American
specification requirements. This is easily barge accessible to proposed LNG and Oil plants in the Prince
Rupert and Kitimat areas.
30

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