Ascot Resources Ltd.

Ascot Resources Ltd.

April 30, 2007 14:41 ET

Ascot Resources Ltd.: Swamp Point Begins Barge Shipments to Fairview Container Terminals

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 30, 2007) - Ascot Resources Ltd. (TSX VENTURE:AOT) -

The Company is pleased to announce the first shipments of aggregate by barge to the Port of Prince Rupert from its newly completed barge loading facility at Swamp Point. Sea Link Marine Services of New Westminster are contracted to provide tug and barge services for the transportation of products for the construction of the new Fairview Container Terminal in Prince Rupert and are presently moving full loads out of Swamp Point every 48 hours. Recent pictures of the project can be viewed on the company website


Ken Carter, Director

Statements contained in this news release that are not historical fact, such as statements regarding the economic prospects of Ascot's projects, Ascot's future plans or future revenues, timing of development or potential expansion or improvements, are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, Ascot's ability to raise sufficient capital to fund development, changes in economic conditions or financial markets, changes in prices for Ascot's mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Canada or the United States, technological and operational difficulties or inability to obtain permits encountered in connection with our exploration and development activities, labour relations matters, and changing foreign exchange rates.

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

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