Ascendant Resources Inc. is pleased to announce that Dr. Sergio Gelcich, PGEO, has joined as Vice President of Exploration replacing Mr. Robert Campbell, who is retiring from day-to-day operations. Mr. Campbell will remain a Director of the Company. Dr. Gelcich is a senior exploration geologist whose career spans over 20 years in a broad range of jurisdictions and geological environments. Prior to joining Ascendant, Dr [...]
Ascendant Resources Inc. is very pleased to announce the appointments of Mr. Jason Brooks as Chief Financial Officer and Mr. Carl Calandra as General Counsel & Corporate Secretary. Mr. Brooks is a Chartered Professional Accountant with over 18 years of experience in finance and accounting at international mining companies. Prior to joining Ascendant, he was Vice President, Finance of Caldas Gold until it was acquired by [...]
Ascendant Resources is pleased to announce that it plans to host an investor call on Thursday May 13 at 12:00 pm to provide updated guidance on the development plan for Lagoa Salgada. Ascendant would also like to formally introduce Joao Barros, Ascendant's newly appointed President. Meeting Details Below: Topic: Ascendant Investor Update Time: May 13, 2021 12:00 PM Eastern Time Join Zoom Meeting [...]
• NEW 43-101 • 12PM MAY 13May 11, 2021 -- Ascendant Resources Inc. is pleased to announce that it has completed a C$3,900,000 non-brokered private placement of secured non-convertible debenture units . The Company intends to use the proceeds from the Private Placement to continue with detailed metallurgical test work and complete a new 43-101 Preliminary Economic assessment on both the North and South zones as well as for [...]
Seasoned Mining Veteran With Focused Expertise of Iberian Pyrite Belt to Take Lagoa Salgada Property Through Bankable Feasibility Study and Development May 03, 2021 -- Ascendant Resources Inc. is pleased to announce the appointment of Mr. Joao Barros to the position of President, Ascendant Resources, where he will continue to oversee the exploration and development efforts at the Lagoa Salgada VMS project , located on the [...]
Ascendant Resources Inc. is pleased to announce the beginning of its phase 2 metallurgical test work on both the massive sulphide and stockwork ores at its Lagoa Salgada project in Portugal, following very encouraging results obtained in the first stage of metallurgical test work. The current Phase 2 metallurgical testing is planned to follow up on previous test work completed in the North and South zones as well as [...]
• New Mineral Resource Estimate of 4.4Mt Indicated and 7.7Mt Inferred demonstrates significant growth from successful Phase 1 drill program • Phase II drill program underway to expand South Zone with intent to eclipse North Zone • ERRATUM: The increase in M&I Resources of 44% and Inferred Resources of 21% released earlier today were understated TORONTO, March 03, 2021 -- Ascendant Resources Inc. is pleased [...]
• New Mineral Resource Estimate of 4.4Mt Indicated and 7.7Mt Inferred demonstrates significant growth from successful Phase 1 drill program • Phase II drill program underway to expand South Zone with intent to eclipse North Zone TORONTO, March 03, 2021 -- Ascendant Resources Inc. is pleased to announce an updated Mineral Resource Estimate for the copper rich South Zone at its Lagoa Salgada project located on the [...]
Ascendant Resources Inc. is pleased to announce the start of its Phase 2 drilling program in the South Zone at the Lagoa Salgada project located on the Iberian Pyrite Belt in Portugal. The Phase 2 program consists of 1,400m of drilling and downhole IP surveys and follows the very successful recently completed Phase 1 program. The continued objective of the program is to significantly increase and upgrade resources at the [...]
50m Step-out drill holes encounter strong mineralization to expand the wireframe model yet leave the mineralization open to the South and East High-grade Copper intersections include 4.20m @ 3.59% CuEq and 10.50m @ 3.61% and Copper Bonanza intervals of 1.00m @ 14.21% CuEq and 1.40m @ 9.86% CuEq. TORONTO, Jan. 13, 2021 -- Ascendant Resources Inc. is pleased to announce results from the first three drill holes from its [...]
Ascendant Resources Inc. is pleased to provide an update on its on-going drill program on the South Zone at its Lagoa Salgada Project on the Iberian Pyrite belt in Portugal. The Company remains focused on expanding the known mineralization of the copper-rich South Zone. The Company has already published a robust PEA based upon an existing 10MT M&I resource in the North Zone . The discovery of native copper in the drill [...]
Ascendant Resources Inc. is pleased to announce the sale of its marginal zinc sales royalty to Ocean Partners UK Limited for $700,000, payable upon closing of the transaction. The consideration attained upon the sale of American Pacific Honduras S.A de C.V , in April 2020 included the Royalty on zinc sales from the El Mochito mine in the amount of $0.0125/lb on any lb of Zn sold by AMPAC for a price greater than $1.15/lb [...]