Highlights of Release:



--  Drilling continues to expand and confirm property potential for bulk
    tonnage and higher grade underground gold/silver targets. 
    
--  This is the fifth and final release for the 2013 drilling campaign
    covering an additional 27 holes. 
    
--  Drilling is now completed for the season.   



Ascot Resources Ltd. (the "Company") (TSX VENTURE:AOT) is pleased to announce
that wide zones of gold and silver mineralization continue to be encountered in
all target areas of the Premier and Dilworth properties. These properties, which
cover more than one hundred square kilometres near the town of Stewart in
northwest BC, include the old Premier Mine which was a past producer of 2.1 MOz
Au and 44.9 MOz Ag. Results have now been received from ALS for all of the 145
holes drilled in 2013. The Company has now completed its 2013 season, drilling a
total of 25,742 meters. Results from the 2013 drilling campaign continue to
expand and confirm the property potential for both bulk tonnage and higher grade
underground gold/silver targets. 


Wide zones of gold and silver mineralization continue to be encountered in all
of the target areas demonstrating bulk tonnage potential in a generally flat
sheet like orientation containing higher grade quartz breccia bodies. This
release covers results for the fifth set of 27 holes (P-13-551 to 578). The
first 118 holes were released in the September 12th 2013, September 26th 2013,
October 24th 2013 and November 13th news releases. Detailed results table,
locations and figures can be viewed at the following Ascot link:
www.ascotresources.ca 


 New highlights include:



----------------------------------------------------------------------------
                                                                  Au      Ag
Hole #              Zone Comment  From m's  To m's Width m's   (g/t)   (g/t)
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-551        Unicorn             63.26   92.00     28.74    1.82    19.2
----------------------------------------------------------------------------
                           incl.     78.00   79.00      1.00   11.20    62.2
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-559   Golden Crown             24.00   35.14     11.14    3.07    13.3
----------------------------------------------------------------------------
                           incl.     25.03   27.00      1.97   16.35    48.7
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-561        Unicorn             72.00  152.00     80.00 2.67(i)     8.7
----------------------------------------------------------------------------
                           incl.     84.78  150.26     65.48 3.07(i)     9.9
----------------------------------------------------------------------------
                           incl.    122.00  150.26     28.26 4.91(i)    12.2
----------------------------------------------------------------------------
                           incl.    148.50  150.26      1.76   63.40    17.7
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-562             S1             45.49  101.95     56.46    0.63     5.0
----------------------------------------------------------------------------
                           incl.     53.00   61.00      8.00    1.40     5.1
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-564             S1             86.00  110.00     24.00    1.89     4.3
----------------------------------------------------------------------------
                           incl.     96.00   97.50      1.50   16.30    15.8
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-567             S1             41.43   66.00     24.57    2.09     6.2
----------------------------------------------------------------------------
                           incl.     58.68   61.00      2.32   18.80    17.3
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
PR-13-571             S1             98.00  148.00     50.00    1.01     3.8
----------------------------------------------------------------------------
                           incl.    140.00  148.00      8.00    4.13     7.2
----------------------------------------------------------------------------



True widths are generally believed to be 85-90% of intersected widths. (i)Assay
values are not cut. -see detailed table for cut values.


Drilling for the period of this release has been focused in the S1 zone and
Unicorn zone which cover portions of the Big Missouri target, there was also
limited testing of the Golden Crown and Dago zones. Drilling in the Unicorn and
S1 has continued to encounter gold and silver mineralization in near surface
mineralization. 


Graeme Evans, P. Geo and Lawrence Tsang, P.Geo are providing the field
management for the Premier exploration program. Graeme Evans, designated as the
Qualified Person (QP) as defined by National Instrument 43-101 has prepared the
technical information in this news release.


Quality Assurance/Quality Control 

Analytical work is being carried out by ALS Lab Group. Quality assurance and
quality control programs include the use of analytical blanks and standards and
duplicates in addition to the labs own internal quality assurance program. All
samples were analyzed using multi-digestion with ICP finish and fire assay with
AA finish for gold. Samples over 100 ppm silver were reanalyzed using four acid
digestion with an ore grade AA finish. Samples over 1,500 ppm silver were fire
assayed with a gravimetric finish. Samples with over 10 ppm gold were fire
assayed with a gravimetric finish. Identified or suspected metallic gold or
silver are subjected to "metallics" assays. Sampling and storage are at the
company's secure facility in Stewart with bi-weekly sample shipments made to ALS
Labs Terrace prep site. 


On Behalf of the Board of Directors

ASCOT RESOURCES LTD. 

John A. Toffan, President and Director 

The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this press release.


Cautionary Statement Regarding Forward-Looking Information 

All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "seek", "anticipate",
"believe", "plan", "estimate", "expect" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur or be achieved
and other similar expressions. All statements, other than statements of
historical fact, included herein, including, without limitation; the completion
of the Offering on the terms set forth herein, the anticipated closing date of
the Offering and the use of proceeds from the Offering are forward looking
statements. Forward-looking statements are subject to business and economic
risks and uncertainties and other factors that could cause actual results of
operations to differ materially from those contained in the forward-looking
statements. Important factors that could cause actual results to differ
materially from the Company'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 develop properties and uncertainty as to the
availability and terms of future financing; the possibility of delay in
exploration or development programs and uncertainty of meeting anticipated
program milestones; and uncertainty as to timely availability of permits and
other governmental approvals. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements except as
required by applicable securities laws. Investors should not place undue
reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ascot Resources Ltd.
John A. Toffan
President and Director
(604) 379-1170
(604) 684-9877 (FAX)
www.ascotresources.ca
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