The company, through its subsidiaries, has acquired and has fully permitted a number of mining concessions in Costa Rica which host known gold resources.

Ascot has already commenced the production of gold on a small scale and is continuing to increase its production programme from concessions at Tres Hermanos and El Recio, together with a contract for the supply of ore from the Boston concession.

Additionally, Ascot is developing the Chassoul Mine.

Story provided by Business Financial Newswire