Ascot Publishes Third Annual Sustainability Report

Press Release

Vancouver, B.C. June 26, 2024 — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF)  (“Ascot” or the “Company”) is pleased to announce the publication of the Company’s third annual Sustainability Report. In line with the goals in the previous year’s report, Ascot has now incorporated the Sustainability Accounting Standards Board (“SASB”) framework for tracking and reporting prominent sustainability-related metrics. The 2023 Sustainability Report can be accessed and downloaded at the address below.

https://ascotgold.com/sustainability/sustainability-reports/

Derek White, President & CEO, and Director commented, “Our sustainability reporting continues to evolve as Ascot moves towards commercial production. In our third annual report, we have newly adopted SASB, a well-recognized and standardized framework used throughout the mining industry to track and report prominent sustainability metrics. We are proud to continue our track record of high female representation in our company, especially at the management level with 56% of our site-based senior management roles being held by women in 2023. As we enter into the production phase in 2024, we seek to realize our vision to create prosperity in the local region in which we operate, and to be good stewards of the land, water, and air.”

Figure 1 – 2023 Sustainability Report Highlights

Qualified Person

John Kiernan, P.Eng., Chief Operating Officer of the Company is the Company’s Qualified Person (QP) as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this news release.

On behalf of the Board of Directors of Ascot Resources Ltd.
“Derek C. White”
President & CEO, Director

For further information contact:
David Stewart, P.Eng.
VP, Corporate Development & Shareholder Communications
dstewart@ascotgold.com
778-725-1060 ext. 1024

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