Ascendant Resources Inc. is postponing the reporting of its fourth quarter and full year 2019 results, associated filings, its Annual Information Form, and the conference call scheduled for March 26, 2020 due to logistics caused by the COVID-19. The Company will report results as soon as possible and is afforded the postponement by a 45-day extension announced by the Ontario Securities Commission under the ?Ontario [...]
Ascendant Resources Inc. is pleased to provide an update on corporate and operational activities given recent market volatility in both commodity prices and equity valuations. As the Company announced on February 12, 2020, our El Mochito mine in Honduras delivered its best quarter of production since its acquisition in December 2016, producing 29.4 million pounds of ZnEq contained metal, comprised of 16.5 million pounds [...]
Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEq Lagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred Resources at 5.9% ZnEq in the North Zone only from 60 holes totaling 13,380 metres of drilling with substantial additional resources expected from future drilling The South and Central Zones, with reported Resources [...]
Fourth Quarter and Full Year 2019 Highlights: Contained annual metal production of 106.2 million ZnEq1 lbs up 16% from 2018 Contained quarterly metal production of 29.4 million ZnEq lbs up 27% from Q4 2018 Highest average quarterly grade for Ascendant achieved at 8.5% ZnEq TORONTO, Feb. 12, 2020 -- Ascendant Resources Inc. is pleased to release fourth quarter and full year 2019 production results highlighted by record [...]
Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEq Lagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred Resources at 5.9% ZnEq in the North Zone only from 60 holes totaling 13,380 metres of drilling with substantial additional resources expected from future drilling The South and Central Zones, with reported Resources [...]
Ascendant Resources Inc. is pleased to provide a summary of its 2019 achievements and a corporate update. For 2019, the Company had two primary goals; namely the further advancement of the exploration and economic potential at the Lagoa Salgada VMS project in Portugal and continuing to advance operational improvements at the El Mochito mine in Honduras. At Lagoa Salgada, the resource has more than doubled during 2019 with [...]
unless otherwise specified) Mine site AISC decreased to $1.09 and Consolidated AISC reported at $1.13 Conference call on November 14, 2019, at 10:00am ET to review results Q3 2019 Highlights: 11th consecutive quarter of metal production growth since Ascendant acquisition Record contained metal production of 28.8 million ZnEq1 lbs, up 21% from Q3 2018 Average head grade of 7.8% ZnEq, a 17% improvement over Q3 2018 Cash [...]
Increases M&I Resources by 71% to 10.3 million tonnes at 9.1% ZnEq in the North Zone New resource follows modest 8,164-metre drill program that provides strong encouragement for Preliminary Economic Assessment due by year-end TORONTO, Nov. 07, 2019 -- Ascendant Resources Inc. is pleased to announce the filing of the Technical Report entitled, “Technical Report on the Resource Estimate Update for the Lagoa Salgada [...]
Third Quarter 2019 Highlights: 11th consecutive quarter of metal production growth since Ascendant acquisition Contained metal production up 21% to 28.8 million ZnEq1 lbs versus Q3 2018 Average grade up 17% to 7.8% ZnEq versus Q3 2018 Milled throughput up 4% to 200k tonnes versus Q3 2018 TORONTO, Oct. 17, 2019 -- Ascendant Resources Inc. is pleased to release third quarter 2019 production results highlighted by record [...]
Ascendant Resources Inc. is pleased to announce an updated Mineral Resource Estimate prepared in accordance with Canadian National Instrument 43-101 significantly upgrading the resources at the Lagoa Salgada Volcanogenic Massive Sulphide Project located on the Iberian Pyrite Belt in Portugal. This Mineral Resource Estimate will be used as a basis for the Preliminary Economic Assessment to be completed by year end. The [...]
Indication of a potentially significant anomaly highlighted by IP and mineral characteristics from latest drilling Strong correlation between IP and drilling success in the North Zone TORONTO, Sept. 03, 2019 -- Ascendant Resources Inc. is very pleased to announce that it has intersected copper-rich mineralization in the Central and South Zones in its final three holes at the Lagoa Salgada VMS project located on the [...]
Ascendant Resources Inc. is very pleased to report additional high-grade results from the final five holes drilled in the North Zone at the Lagoa Salgada VMS project located on the Iberian Pyrite Belt in Portugal. Results include the best hole drilled to date at the Lagoa Salgada project, LS_MS_39. Drill holes with final assays received to date, will form the basis of an updated National Instrument 43-101 Mineral Resource [...]
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