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Xetra Trading Platform: AM3.DE  /   Frankfurt Stock Exchange: AM3.F

Xetra® is one of the world’s most high-performance systems for trading of around 300,000 international instruments. The.ph.se include blue-chip securities of the DAX® index, the 50 securities of the mid-cap index MDAX® and the 50 securities of the small-cap index SDAX®. The minimum order size for all securities is one share. Xetra® has a market share of over 90 percent in equity trading and is one of the fastest trading systems in the world. Financial institutions, securities trading houses and brokers can participate in Xetra® trading. Xetra® operates independently of the trader's location, permitting international participation. ICF Kursmakler AG, one of the leading German securities trading banks, act as the Company's designated sponsor. http://www.icfag.de/


Ascot Mining has acquired gold properties that are already permitted, or that can be quickly permitted within the well defined Costa Rica Gold Belt. This strategy greatly reduces the time and capital required to bring the mines into production, thus avoiding the major difficulties and delays faced by many junior exploration and mining companies. The Company’s Chassoul Mine and Mill project has commenced production with mining well under way and the mill in operation. Immediate expansion at Chassoul has commenced with the tripling of processing capacity from 50tpd to 150tpd, (see announcement 6 November).



Concurrently with the expansion at Chassoul, the Company is advancing its plans to increase mining activities at its wholly owned Tres Hermanos / El Recio and Boston projects with the initial intention of trucking ore to the Chassoul mill for processing, while a new gravity mill is built and commissioned at Tres Hermanos. This is planned to be in operation in early 2010 when it will further expand Ascot’s production capacity.

Disclaimer:
Statements in this presentation may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the Company can fulfill such forward-looking statements and the Company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control.