Company Overview

Ascot Resources Limited (Ascot) is an ASX listed resources company focused on exploring and developing opportunities in steel making minerals.

The Company’s major asset is the 100% owned Wonmunna Iron Ore Project, a near term development asset located in the iron ore-rich Pilbara region, 80km northwest of Newman. The Wonmunna Project comprises 3 mining leases and 1 exploration licence (total area c.230km2) and is intersected by the Great Northern Highway, providing direct road access to Port Hedland. The deposit features a high quality direct shipping iron ore which is hosted in the Marra Mamba formation, similar to the world class West Angelas mine, approximately 30km west of Wonmunna. The company is in the process of advancing the development of the Wonmunna Project, aiming to deliver a near-term, relatively low cost production outcome.

In addition, Ascot owns a 90% JV interest in the Titiribi Coal Project located in the Department of Antioquia, Colombia. The Project is located only 70km from State Capital Medellin and is close to existing utilities and infrastructure.

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