Morning Briefing: Ascot raises C$200M project finance

Ascot Resources entered into non-binding letters of intent for C$200 million in project financing for construction of the Premier Gold Project in British Columbia. FPX Nickel announced the first step-out drillhole results confirming continued near-surface lateral extension of strong nickel mineralization at the Van Target at the Decar Nickel District in British Columbia. McFarlane Lake Mining reported early drilling results from its High Lake property in Ontario, including 9.75m grading 9.82 g/t gold. Bonterra Resources announced more results from the ongoing infill drilling campaign at the Barry underground project in Quebec including 4.4m grading 21.9 g/t Au. Denison Mines announced the successful completion of the neutralization phase of the Phoenix in-situ recovery Feasibility Field Test at its Wheeler River project in the Athabasca Basin.