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LATEST NEWS FROM Ascendant Resources

December 21, 2023
Ascendant Resources Closes First Tranche of C$2.7 Million Non-Brokered Private Placement
Funds to complete an optimized feasibility study report TORONTO, ON / ACCESSWIRE / December 21, 2023 / Ascendant Resources Inc. (TSX:ASND) ("Ascendant" or the "Company") is pleased to announce the close of the first tranche ("First Tranche") of its non-brokered private placement (the "Offering")... Read More
December 7, 2023
Ascendant Resources Announces C$2.77 Million Non-Brokered Private Placement
Funds to Progress Project Towards Delivering an Optimized Feasibility study and the Completion of Project Financing for Lagoa Salgada TORONTO, ON / ACCESSWIRE / December 7, 2023 / Ascendant Resources Inc. (TSX:ASND) ("Ascendant" or the "Company") is pleased to announce a non-brokered private... Read More
December 5, 2023
Ascendant Appoints Banco Santander S.A. as Mandated Lead Arranger for Export Credit Agency Supported Project Financing at its Lagoa Salgada Project, Portugal
Banco Santander S.A. appointed as Sole Mandated Lead Arranger ("MLA") for up to US$158m in potential UKEF (UK Export Credit Agency) Supported Project Financing for Lagoa Salgada, Portugal TORONTO, ON / ACCESSWIRE / December 5, 2023 / Ascendant Resources Inc. (TSX:ASND) (OTCQB:ASDRF) (FRA:2D9)... Read More
November 15, 2023
Ascendant Resources Announces Additional US$4 Million Funding for Its Lagoa Salgada VMS Project in Portugal
Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada Focus on Improved Metallurgical Recoveries, Concentrate Qualities and Optimized Mine Plan and Plant Sizing TORONTO, ON / ACCESSWIRE /... Read More
October 16, 2023
Ascendant Resources Announces Appointment of Mr. Val Coetzee as Director of Process Engineering
Appointment of Highly Experienced Process Engineer to Enhance Technical Capacity Expansion of Technical Services Team To Support Ongoing Development Programs TORONTO , Oct. 16, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to... Read More
September 5, 2023
Ascendant Resources Enters Tender Phase for Mandated Lead Arranger for Export Credit Agency Supported Project Financing at Lagoa Salgada Project In Portugal
Lead Project Financing Bank(s) Expected To be Appointed by late September TORONTO , Sept. 5, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") ") is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger... Read More
August 23, 2023
Ascendant Resources Announces Results of Annual and Special Meeting of Shareholders
All matters overwhelmingly approved by shareholders TORONTO , Aug. 23, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASND) ("Ascendant" or the "Company") is pleased to announce the voting results of the Company's 2023 Annual and Special Shareholders' Meeting (the "Meeting") held on... Read More
August 1, 2023
Ascendant Resources Earns 80% Interest In The Lagoa Salgada Project In Portugal And Files Feasibility Study
PROJECT OWNERSHIP INCREASED TO 80% FEASIBILITY STUDY FILED ON SEDAR+ TORONTO , Aug. 1, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce that it has completed the initial NI 43-101 compliant Feasibility Study ("FS")... Read More
JuniorMiningNetwork
July 25, 2023
Ascendant Resources Announces Post-Tax NPV8 of US$147 Million and 39% IRR from Initial Feasibility Study at Lagoa Salgada Project in...
Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further... Read More
July 17, 2023
Ascendant Resources Announces Date Of Annual Shareholders' Meeting
TORONTO , July 17, 2023 /CNW/ - Ascendant Resources (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce that an annual and special meeting of the holders of common shares of will be held at 200 Bay Street, Suite 3205, Toronto, ON M5J 2J2 at 12:00 p.m.... Read More
July 5, 2023
Ascendant Resources Announces Potential Export Credit Agency Support for Project Finance at Lagoa Salgada Project in Portugal
UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency ("ECA") support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During... Read More
June 23, 2023
Ascendant Resources Provides Update for Lagoa Salgada Project in Portugal
TORONTO , June 23, 2023 /CNW/ - Ascendant Resources Inc. - (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") announces that it and its joint venture partner, Mineral & Financial Investments AG ("M&FI"), have agreed to an extension in the Earn-in Option Agreement for the Lagoa... Read More
JuniorMiningNetwork
May 2, 2023
Ascendant Resources Confirms Saleable Grade Concentrates Achieved For Copper, Lead And Zinc With Strong Recoveries And Precious Metal...
Optimization Tests Continuing for Final Grade and Recovery Profiles TORONTO , May 2, 2023 /CNW/ - Ascendant Resources Inc. – (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is... Read More
April 17, 2023
Ascendant Resources Provides Update for Lagoa Salgada Polymetallic Project in Portugal
Feasibility study expected in May Final Metallurgical Results Expected Shortly Appoints SD Capital Advisory and GKB Ventures (S&G) to Investigate Export Credit Agency Project Finance TORONTO , April 17, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the... Read More
March 14, 2023
Ascendant Resources Strengthens Executive Team
Mr. Michael McAllister appointed Vice President, Investor Relations Mr. Chris MacInnis appointed Director, Geology and Resources TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it... Read More
February 13, 2023
Ascendant Resources Appoints Clinton Swemmer Chief Technical Officer
TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company. Previously, Mr. Swemmer held the position of Vice... Read More
JuniorMiningNetwork
February 9, 2023
Ascendant Resources Commences Drilling of Second Larger Step Out Geophysical Anomaly at Lagoa Salgada
Drilling commenced at Anomaly B, a large geophysical anomaly with a potential strike of 1.3km, northwest of the North Zone at Venda Nova Drilling at Anomaly D reaches down-hole depth of 350m with... Read More
JuniorMiningNetwork
February 2, 2023
Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone
Program Highlights: Drilling (true width): Met_St_04: 10m @ 2.89% CuEq (1.3% Cu) from 286m ST_27: 9m @ 2.29% CuEq (1.9% Cu) from 568m ST_30: 10m @ 1.97% CuEq(1.3% Cu) from 423m and 3m @ 3.93%CuEq (2.8%... Read More
January 23, 2023
Ascendant Resources Engages Leading Decarbonization Consultant to Drive Carbon Neutrality at Lagoa Salgada
Ascendant Resources engages Synergy Enterprises to develop emission reduction strategy at Lagoa Salgada First step towards Carbon Neutrality at Lagoa Salgada TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is... Read More
JuniorMiningNetwork
January 18, 2023
Ascendant Resources Starts Drilling “Anomaly D” Exploration Target With Analogous Signature to North Zone Massive Sulphide Deposit at...
Ascendant commences first greenfield exploration drilling since acquiring the Lagoa Salgada option 5,000m exploration program targeting two undrilled IP/EM anomalies with the potential for sizeable... Read More
December 14, 2022
Ascendant Resources Makes US$2.5 Million Final Payment Under Earn-In Agreement for Lagoa Salgada VMS Project, Portugal
80% ownership to be achieved upon completion of Feasibility Study in Q1 2023 TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that it has satisfied all financial conditions required to... Read More
JuniorMiningNetwork
December 5, 2022
Ascendant Resources Intersects 58m @ 20.51% Zn Equivalent and 14m @ 2.34% Cu at the Venda Nova North Zone, Lagoa Salgada Project, Portugal
Metallurgical drill program at North Zone of Venda Nova now complete Additional high-grade intercepts at North Zone (Massive Sulphides), including: 58 meters (“m”) @ 20.51% Zinc Equivalent (Zn Eq.) from... Read More
JuniorMiningNetwork
November 29, 2022
Ascendant Resources Announces 5,000 Metre Satellite Target Exploration Program at Lagoa Salgada Property in Portugal
5,000m program targeting several prospective undrilled IP/EM anomaly targets Two high priority undrilled targets identified within the Venda Nova area: Anomaly D: Shallow target located north-east of... Read More
November 28, 2022
Ascendant Resources Closes US$15 Million Financing Agreement With Sprott Streaming for Its Lagoa Salgada Project, Portugal
TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB: ASDRF) (“ Ascendant ” or the “ Company ”) is very pleased to announce it has entered into a US$15 million metals stream agreement (the “ Stream Agreement ”) with Sprott Private Resource Streaming and Royalty... Read More
JuniorMiningNetwork
November 9, 2022
Ascendant Resources Reports High-Grade Copper Intercept and Extends Footwall Lens to 550 Metre Strike Length With 200 Metre Step-Out Drill...
Hole LS ST_42 returned 6.9 m @ 1.59 % Cu (1.99 % CuEq) Located ~ 300m from previously reported high grade copper intercept in hole LS ST_31 (16m @ 2.6% Cu (4.33% CuEq) Extends the previously defined... Read More
JuniorMiningNetwork
July 28, 2022
Ascendant Resources Reports 12 Metres at 3.3% Copper (5.5% CuEq) and Discovers New Copper Enriched Zone Below Current Resources in the...
Hole ST_31 returns 16m @ 2.6% Cu (4.33% CuEq) from 505m; including 12m @ 3.3% Cu (5.50% CuEq) from 509m New high-grade copper zone intersected at depth below current resource wireframe with 22m @ 0.83%... Read More
July 15, 2022
Ascendant Resources Amends Terms of Earn-In Agreement at Its Lagoa Salgada Project in Portugal
Amendment Extends Deadline to Complete Feasibility Study to June 2023 Company Targeting Completion by Q1 2023 TORONTO, July 15, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB:ASDRF) (“Ascendant” or the “Company”) is pleased to announce that it has amended the terms of the... Read More
June 30, 2022
Ascendant Resources Announces Results of Annual and Special Meeting of Shareholders
All matters approved by shareholders Two new directors elected to the board TORONTO, June 30, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB:ASND) ("Ascendant" or the "Company”) is pleased to announce the voting results from the Company’s 2022 Annual and Special Shareholders’... Read More
JuniorMiningNetwork
June 14, 2022
Ascendant Resources Announces Discovery of New Copper-Gold Zone and Reports Additional Strong Results From Its Infill Campaign at Lagoa...
New semi massive sulphide Copper-Gold zone discovered east of the South Zone; including: 6m @ 1.77% Cu and 0.8 g/t Au from 201m Continuous high-grade mineralization intersected through the North Zone of... Read More
May 26, 2022
Ascendant Resources Closes Final Tranche of Non-Brokered Private Placement
Company has acquired 50% interest in the Lagoa Salgada VMS project, Portugal TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the closing of the second and final tranche (the "Second Tranche") of its previously... Read More
May 25, 2022
Ascendant Resources Acquires 50% Ownership of Lagoa Salgada VMS Project, Portugal
TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that it has satisfied the conditions to increase its effective ownership interest from 25% to 50% in the Lagoa Salgada VMS project (the... Read More
May 20, 2022
Ascendant Resources Closes First Tranche of C$3.5 Million Non-Brokered Private Placement
TORONTO, May 20, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the close of the first tranche (“First Tranche”) of its non-brokered private placement (the "Offering") announced on May 13, 2022. The second and final tranche to... Read More
JuniorMiningNetwork
May 16, 2022
Ascendant Resources Provides Update on Geological and Exploration Activities at Its Lagoa Salgada Property in Portugal
Copper stockworks identified below Venda Nova North Discovery of copper rich enrichment zone at Venda Nova North Potential for new massive sulphide lens at Venda Nova South Additional geophysical... Read More
May 13, 2022
Ascendant Resources Announces C$3.5 Million Non-Brokered Private Placement
Funds to Secure 50% Ownership of Lagoa Salgada TORONTO, May 13, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$3.5 million (the "Offering"). The Company... Read More
JuniorMiningNetwork
May 3, 2022
Ascendant Resources Intersects 78.5 Meters @ 22.72% Zinc Equivalent of Massive Sulphide in Venda Nova North Deposit at Lagoa Salgada...
• Exceptional Results From 6 hole metallurgical Drill Campaign • High-Grade Cu-Ag Transition Zone Defined At Venda Nova North Including 6m @ 9.06% CuEq 1 TORONTO, May 03, 2022 (GLOBE NEWSWIRE) --... Read More
April 28, 2022
Ascendant Resources Lagoa Salgada Project Attributed Project of National Interest Status by Portuguese Government
PIN recognition provides expedited procedures and shorter implementation periods for permitting and construction PIN award emphasizes strong local and Government support Lagoa Salgada is the first mining project to receive recognition of this kind in Portugal Redcorp Empreendimentos Mineiros, Lda... Read More
JuniorMiningNetwork
April 4, 2022
Ascendant Resources Provides an Update on Its Ongoing Feasibility Study and Related Activities at Its Lagoa Salgada Project, Portugal
3,520m Completed of the 18,000m Infill and Exploration Drill Program Detailed Metallurgical Testing Underway Hydrogeological Drill Holes Being Completed and Test Work Underway Scope for the Environmental... Read More
January 26, 2022
Ascendant Resources Announces New DPEM Survey to Investigate Mineralization at Depth and Provides Update on Its In-Fill Drill Program at Its Venda Nova Deposit at Lagoa Salgada
DPEM SURVEY TO AUGMENT POSITIVE RESULTS FROM PREVIOUS IP AND GRAVITY GEOPHYSICS TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB: ASDRF) ("Ascendant" or the "Company”) is pleased to announce the commencement of an extensive Deep Penetrating Electromagnetic... Read More
JuniorMiningNetwork
November 23, 2021
Ascendant Resources Begins Drill Program at Lagoa Salgada VMS Project to Support Feasibility Study
TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources (the “Company”) (TSXV:ASND), is pleased to announce that it has commenced its drill program that will be used to support an upcoming... Read More
November 22, 2021
Ascendant Resources Announces Executive Appointment
TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources (the “Company”) (TSX:ASND), is pleased to announce that David Ball has joined Ascendant Resources as Vice President, Business Development. Mr. Ball was most recently Chief Financial Officer of Santiago Metals Limitada., a private... Read More
November 8, 2021
Ascendant Resources Signs Definitive Mining Concession Contract for Its Lagoa Salgada Project in the Iberian Pyrite Belt, Portugal
TORONTO, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources (TSX: ASND) ("Ascendant" or the "Company”) is pleased to announce that on October 28, 2021 it has signed with the Portuguese Government, through the General Directorate for Energy and Geology (DGEG), the definitive mining concession... Read More
November 1, 2021
Ascendant Resources Closes C$3.16 Million Non-Brokered Private Placement
Oversubscribed Offering to Advance the Lagoa Salgada Project TORONTO, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce that it has closed its previously disclosed non-brokered private placement for aggregate gross proceeds... Read More
JuniorMiningNetwork
October 25, 2021
Ascendant Resources Files Technical Report for Its Lagoa Salgada VMS Project in the Iberian Pyrite Belt, in Portugal
TORONTO, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources (TSX: ASND) ("Ascendant" or the "Company”) announces the filing on SEDAR (www.sedar.com) of the new NI 43-101 Preliminary Economic... Read More
October 21, 2021
Ascendant Resources Appoints Mr. Clinton Swemmer as Vice President, Technical Services
Project Delivery Executive With Significant Experience in Completing Technical Studies for Development Stage Projects TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that Clinton Swemmer, has joined as... Read More
October 18, 2021
Ascendant Resources Announces C$2 Million Non-Brokered Private Placement
Approximate C$2,000,000 unit offering to advance the lagoa salgada project TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce a non-brokered private placement for aggregate gross proceeds of approximately C$2... Read More
JuniorMiningNetwork
September 13, 2021
Ascendant Resources Announces After Tax NPV of $246 Million With an After Tax IRR of 55% From Its Preliminary Economic Assessment at Its...
(All amounts referred to are in US$ currency) Low capital intensive project with pre production capital cost of $132 million and a post tax payback of 1.5 years Post tax NPV8% of $246 Million and Post... Read More
JuniorMiningNetwork
September 9, 2021
Ascendant Resources Completes Phase 2 Metallurgical Test Work Program at Its Lagoa Salgada VMS Project in Portugal
Continued improvement in metal Recoveries Test work supports at least benchmark IPB recoveries in both Massive Sulphide and Stockwork Ores TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources... Read More
August 6, 2021
Ascendant Resources Announces Results of Annual Shareholder’s Meeting
TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce the voting results of the Company’s 2021 Annual Shareholder’s Meeting (the “Meeting”) held on August 5, 2021, in Toronto, Ontario. A total of 9,735,012... Read More
JuniorMiningNetwork
June 17, 2021
Ascendant Resources Announces Updated Mineral Resource Estimate and Provides an Update to Geological Modeling to Support Future Growth...
NEW RESOURCE UPDATE BY MICON COMBINES CENTRAL AND SOUTH ZONES OF THE VENDA NOVA DEPOSIT INTO A LARGER SINGLE DEPOSIT BASED ON FURTHER 50M STEP OUT DRILL HOLE THAT INTERCEPTED STRONG MINERALIZATION... Read More
JuniorMiningNetwork
June 9, 2021
Ascendant Resources Begins Preliminary Economic Assessment Combining the North and South Zones at Its Lagoa Salgada VMS Project in Portugal
New 43-101 Resource followed by results from PFS level metallurgical testing expected to be issued in the near term New PEA expected by end of July 2021, to show increased scale and economic potential... Read More
June 2, 2021
Ascendant Resources Appoints Sergio Gelcich As Vice President Exploration
Former Exploration Executive With Significant Experience Developing VMS Deposits Similar to Ascendant’s Lagoa Salgada Property TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that Dr. Sergio Gelcich,... Read More
May 27, 2021
Ascendant Resources Announces Executive Appointments
Appointment of Chief Financial Officer, General Counsel & Corporate Secretary TORONTO, May 27, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is very pleased to announce the appointments of Mr. Jason Brooks as Chief Financial Officer and Mr. Carl... Read More
May 12, 2021
Ascendant Resources To Host Investor Update Call To Review Development Plan for Lagoa Salgada
TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources (TSX: ASND) (“Ascendant” or the “Company”) 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... Read More
May 11, 2021
Ascendant Resources Announces C$3.9 Million Debenture Funding to Deliver Enhanced Metallurgical Testwork and a New PEA at Its Lagoa Salgada Project in Portugal
NEW 43-101 PEA EXPECTED TO ADD SIGNIFICANT SCALE AND LONGEVITY FROM PREVIOUS PEA BY USING COMBINED NORTH AND SOUTH ZONE RESOURCES CONFERENCE CALL FOR COMPANY UPDATE AND INTRODUCTION TO JOAO BARROS THURSDAY 12PM MAY 13TH TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND)... Read More
May 3, 2021
Ascendant Resources Announces the Appointment of Mr. Joao Barros as President
Seasoned Mining Veteran With Focused Expertise of Iberian Pyrite Belt to Take Lagoa Salgada Property Through Bankable Feasibility Study and Development TORONTO, May 03, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to announce the... Read More
March 17, 2021
Ascendant Resources to Begin Phase 2 Metallurgical Test Work at its Lagoa Salgada VMS Project in Portugal
TORONTO, March 17, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company”) 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... Read More
JuniorMiningNetwork
March 3, 2021
Ascendant Resources Increases M&I Resources By 79% and Inferred Resources By 26% on the Copper Stockwork South Zone at Lagoa Salgada
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... Read More
JuniorMiningNetwork
January 27, 2021
Ascendant Resources Initiates Phase 2 Exploration Drilling Program in the Copper-Rich South Zone at Lagoa Salgada
Following highly successful Phase I program, drilling is expected to continue to significantly expand resources in the south zone TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:... Read More
January 13, 2021
Ascendant Resources Intersects High-Grade Sulfides and Strong Stockwork Mineralization Across Wide Intercepts in the South Zone at Its Lagoa Salgada VMS Project
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.... Read More
November 23, 2020
Ascendant Resources Discovers Native Copper Amid On-Going Drilling Campaign at Lagoa Salgada
Exciting geological phenomena contributes to thesis of significant copper potential beyond existing 2.5MT M&I and 6MT Inferred copper resources in the South Zone TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to provide an... Read More
October 27, 2020
Ascendant Resources Announces Sale of Marginal Zinc Sales Royalty at the El Mochito Mine for US$700,000
Strengthened financial position to advance exploration program at Lagoa Salgada (All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) TORONTO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to announce the sale... Read More
October 5, 2020
Ascendant Resources Announces Closing of Non-Brokered Private Placement
Placement to fund d rill program targeted to significantly expand the copper stockwork in the S outh Z one at Lagoa S algada Drilling and geophysics suggests South Zone to be larger than the North Zone TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or... Read More
JuniorMiningNetwork
September 17, 2020
Ascendant Resources Initiates 2020 Exploration Program Focusing on the Copper-Rich South Zone and Announces Non-Brokered Private Placement
(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to... Read More
September 11, 2020
Ascendant Resources Announces Results of Annual Shareholder’s Meeting
TORONTO, Sept. 11, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to announce the voting results of the Company’s 2020 Annual Shareholder’s Meeting (the “Meeting”) held earlier today, September 11, 2020 in Toronto, Ontario. A total of... Read More
May 13, 2020
Ascendant Resources Reports First Quarter 2020 Results
Results include the El Mochito Mine which was sold subsequent to quarter end and is shown as a discontinued operation Q1 2020 Highlights: Contained metal production of 28.8 million ZnEq 1 lbs, up 23% vs Q1/19 ZnEq grade of 7.8%, a 16% improvement over Q1/19 Net Revenue from discontinued operations... Read More
May 6, 2020
Ascendant Resources Appoints Rui Santos to its Board of Directors
TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce that Mr. Rui Botica Santos is joining the Company’s Board of Directors. Mr. Santos is a lawyer based in Portugal who is widely regarded as a leading authority in the... Read More
May 5, 2020
Ascendant Resources Reports Fourth Quarter and Full Year 2019 Results Which Include the Recently Disposed El Mochito Mine
2019 Full Year Highlights Contained metal production of 106.2 million ZnEq 1 lbs up 16% from 2018 Cash operating costs of $0.70/ZnEq lb sold, down 11% from 2018 Net loss of $8.21 million or loss per share of $0.11 Continued exploration success at Lagoa Salgada provided basis for February 2020 PEA... Read More
April 27, 2020
Ascendant Resources Completes Sale of El Mochito Mine
TORONTO, April 27, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") announces today that it has completed the sale of its wholly-owned Honduran subsidiary American Pacific Honduras S.A. de C.V., the 100% owner of the El Mochito zinc mine, to Kirungu... Read More
JuniorMiningNetwork
April 23, 2020
Ascendant Resources Outlines 2020 Exploration Program at Its Lagoa Salgada Project in Portugal
Drilling contractor on standby to begin extensive drill program to expand and upgrade the Mineral Resources in the prospective copper-rich South Zone and better define North Zone TORONTO, April 23, 2020... Read More
April 20, 2020
Ascendant Resources to Sell El Mochito Mine
Company to focus on the highly prospective Lagoa Salgada VMS project in Portugal Sale to provide cash injection and immediate strengthening of financial position Upside exposure to El Mochito and zinc prices maintained through royalty TORONTO, April 20, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources... Read More
April 17, 2020
Ascendant Resources to Sell El Mochito Mine
Company to focus on the highly prospective Lagoa Salgada VMS project in Portugal Sale to provide cash injection and immediate strengthening of financial position Upside exposure to El Mochito and zinc prices maintained through royalty TORONTO, April 17, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources... Read More
April 6, 2020
Ascendant Resources Appoints Joao Barros President, Ascendant Portugal
TORONTO, April 06, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is very pleased to announce the appointment of Mr. Joao Barros to the position of President, Ascendant Portugal, where he will continue to oversee the exploration and development efforts... Read More
March 25, 2020
Ascendant Resources to Postpone Reporting Fourth Quarter and Full Year 2019 Results Due to Delays Caused by COVID-19
TORONTO, March 25, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) 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... Read More
March 11, 2020
Ascendant Resources Provides Corporate Update In Light of Market Activity
TORONTO, March 11, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) 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... Read More
February 27, 2020
Ascendant Resources Files Technical Report For The Preliminary Economic Assessment For The Lagoa Salgada Project In Portugal
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... Read More
February 12, 2020
Ascendant Resources Delivers Its 12th Consecutive Quarter of Metal Production Growth at Its El Mochito Mine in Honduras
Fourth Quarter and Full Year 2019 Highlights: Contained annual metal production of 106.2 million ZnEq 1 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... Read More
JuniorMiningNetwork
January 14, 2020
Ascendant Resources Reports Robust Preliminary Economic Assessment for the Lagoa Salgada Project in Portugal
Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEq Lagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred... Read More
December 19, 2019
Ascendant Resources Provides Corporate Update and Review of Significant Milestones Achieved in 2019
Lagoa Salgada PEA to be released in January 2020 El Mochito grade and metal production growth targets achieved, offsetting a rising cost environment TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to... Read More
November 13, 2019
Ascendant Resources Significantly Reduces Costs and Increases Grades in the Third Quarter to Report Lowest Cash Costs at the El Mochito Mine Since the Ascendant Acquisition
(All dollar amounts are in U.S. dollars (“$”) 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: 11 th consecutive quarter of metal production growth since... Read More
November 7, 2019
Ascendant Resources Files Technical Report for the Updated Mineral Resource Estimate at Its Lagoa Salgada VMS Project in Portugal
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 (GLOBE NEWSWIRE) -- Ascendant Resources Inc.... Read More
October 17, 2019
Ascendant Resources Achieves Its 11th Consecutive Quarter Of Metal Production Growth In Q3 2019 At Its El Mochito Mine In Honduras
Third Quarter 2019 Highlights: 11 th consecutive quarter of metal production growth since Ascendant acquisition Contained metal production up 21% to 28.8 million ZnEq 1 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... Read More
JuniorMiningNetwork
September 25, 2019
Ascendant Resources Increases Measured and Indicated Resources by 71% to 10.3 Million Tonnes at 9.1% Zinc Equivalent Grade in the North...
TORONTO, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce an updated Mineral Resource Estimate... Read More
JuniorMiningNetwork
September 3, 2019
Ascendant Resources Intersects Copper-rich Mineralization in the Central and South Zones at the Lagoa Salgada VMS Project in Portugal
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,... Read More
JuniorMiningNetwork
August 13, 2019
Ascendant Resources Intersects Additional 36.2 Meters Grading 21.90% ZnEq¹ at the Lagoa Salgada VMS Project in Portugal
TORONTO, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is very pleased to report additional high-grade results from the... Read More
August 7, 2019
Ascendant Resources Reports Second Quarter Results
Conference call on August 8, 2019, at 10:00am EDT to review results Q2 2019 Highlights: Record contained metal production of 24.6 million ZnEq 1 lbs, up 8% from Q2 2018 Zinc Equivalent grade of 6.7%, a 7% improvement over Q2 2018 Profitability impacted by lower pricing, increased power costs and... Read More
JuniorMiningNetwork
July 24, 2019
Ascendant Resources Intersects High-Grade Intervals at the Lagoa Salgada VMS Project in Portugal
TORONTO, July 24, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is very pleased to announce continued exploration success... Read More
July 17, 2019
Ascendant Resources Achieves Strongest Operational Performance in Q2 2019 Since Its Acquisition of El Mochito
Second Quarter 2019 Highlights: Record contained metal production of 24.6 million ZnEq 1 lbs, up 8% from Q2 2018 Average grade of 6.7% ZnEq, up 7% from Q2 2018 Record milled throughput of 195.7 k tonnes, up 1.7% over Q2 2018 TORONTO, July 17, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:... Read More
June 14, 2019
Ascendant Resources Announces Results of Annual Shareholder’s Meeting
TORONTO, June 14, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce the voting results of the Company’s 2019 Annual and Special Shareholder’s Meeting (the “Meeting”) held earlier today, June 14, 2019 in... Read More
May 8, 2019
Ascendant Resources Reports Strong Operational Start to 2019 With First Quarter Results
Company expects metal production to ramp up during second half of the year Q1 2019 Highlights: Contained metal production of 23.4 million ZnEq 1 lbs, up 9% vs Q1 2018 ZnEq grade of 6.7%, a 10% improvement over Q1 2018 Quarterly milled tonnes of 192,922, up 3% over Q1 2018 as result of new... Read More
April 15, 2019
Ascendant Resources Begins 2019 With Strong First Quarter Operational Performance
First Quarter 2019 highlights: Contained metal production of 23.4 million ZnEq 1 lbs, up 9% from Q1 2018 Grade of 6.7% ZnEq, up 10% from Q1 2018 Milled throughput of 192,922 tonnes up 3% over Q1 2018 with new access ramp to Esperanza commissioned Completion of Esperanza drift provides significant... Read More
JuniorMiningNetwork
April 2, 2019
Ascendant Resources Announces 2019 Exploration Program at Its Lagoa Salgada Project in Portugal
Files Technical Report for the updated Mineral Resource Estimate announced February 2019 TORONTO, April 02, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9)... Read More
March 28, 2019
Ascendant Resources Announces US$7.5 Million Silver Stream With Maverix Metals
22.5% of silver production with 25% ongoing payment equals approximately 2% of Ascendant’s total projected revenue for 2019 TORONTO, March 28, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF) ("Ascendant" or the "Company”) is pleased to announce that it has entered into... Read More
March 20, 2019
Ascendant Resources Reports Strong Fourth Quarter and Full Year 2018 Results
(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) 2018 Full Year Highlights 2018 contained metal production increased 38% vs 2017 to 91.4 million ZnEq 1 lbs Revenues of $85.62 million, an increase of 45% over 2017 Direct operating cost of $78.98/t, a decrease of 10% from... Read More
February 20, 2019
Ascendant Resources Announces Strong Fourth Quarter Operational Performance and Provides 2019 Guidance
2018 contained metal production up 38% vs 2017 to 91.4 million ZnEq¹ lbs Record ZnEq grade increased by 32% to 7.0% in Q4 2018 with vastly improved grades throughout 2018 Higher grades to drive a 10% increase in 2019 guidance over 2018 ZnEq production TORONTO, Feb. 20, 2019 (GLOBE NEWSWIRE) --... Read More
JuniorMiningNetwork
February 13, 2019
Ascendant Resources Reports Outstanding Results of Updated NI 43-101 Mineral Resource Estimate at the Lagoa Salgada Polymetallic Project...
Project more than doubled its previous mineral resources with modest drill program TORONTO, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or... Read More
February 6, 2019
Ascendant Resources Receives US$35 Million Indicative Term Sheet for Project Loan Financing for the Expansion of the El Mochito Mine in Honduras
TORONTO, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; ) ("Ascendant" or the "Company”) is pleased to announce that it has received a non-binding term sheet from Overseas Private Investment Corporation (“OPIC”), for a project loan of US$35 million to... Read More
JuniorMiningNetwork
January 14, 2019
Ascendant Resources Exploration Program Successfully Expands and Improves Grades at the Main Massive Sulphide Zone and Significantly...
TORONTO, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is very pleased to announce transformational results from its... Read More
December 10, 2018
Ascendant Resources Announces Appointment of Robert Campbell as Vice President, Exploration
TORONTO, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce the appointment of Robert Campbell to the position of Vice President, Exploration. Mr. Campbell is an exploration geologist with over 40... Read More
December 6, 2018
Ascendant Resources Files Technical Report and the Final Results for the Preliminary Economic Assessment for the Expansion at Its El Mochito Mine
(All dollar amounts are in US Dollars unless otherwise specified) TORONTO, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce it has filed on SEDAR the Technical Report titled Preliminary Economic... Read More
November 7, 2018
Ascendant Resources Reports Record Metal Production With Third Quarter 2018 Results
Lower metal prices and provisional pricing adjustments impact net income (All dollar amounts are in U.S. dollars unless otherwise specified) Q3 2018 Highlights Include: Record contained metal production of 23.9 million ZnEq lbs, an increase of 37% over Q3 2017; the seventh consecutive quarter of... Read More
JuniorMiningNetwork
October 31, 2018
Ascendant Resources Reports 12.6 Metres at 12.2% ZnEq Including 735.2 g/t Ag as It Continues to Expand High-Grade Mineral Resources...
TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce results from an additional 54 diamond drill... Read More
October 22, 2018
Ascendant Resources Reports Expansion PEA for Its El Mochito Mine That Reduces All-In Sustaining Costs to US$0.96 Per Pound ZnEq for Life of Mine
Optimization program to ensure El Mochito mine generates robust returns in any reasonable zinc price environment TORONTO, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is very pleased to announce the results of a... Read More
October 17, 2018
Ascendant Resources Announces Strong Q3 2018 Production Results
Q3 2018 Highlights: Contained metal production of 22.3 million ZnEq 1 lbs, an increase of 28% over Q3 2017 ZnEq grade of 6.3%, an increase of 17% over Q3 2017 Quarterly tonnes milled 9% up to 191,738 t against Q3 2017 Change to the Board of Directors TORONTO, Oct. 17, 2018 (GLOBE NEWSWIRE) --... Read More
JuniorMiningNetwork
October 15, 2018
Ascendant Resources Drills 108 Metres Grading 10.25% Zinc Equivalent in the Main Zone in the First Hole Drilled at the Lagoa Salgada...
9.9 meters of 3.19% Copper in new displacement zone at depth TORONTO, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is... Read More
September 10, 2018
Ascendant Resources Announces Additional High-Grade Drill Results From Its 2018 Exploration Program at El Mochito
TORONTO, Sept. 10, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce results from an additional 24 diamond drill holes (4,254 metres) from its 2018 exploration and definition drilling program at its El... Read More
September 4, 2018
Ascendant Resources Begins Drilling at the High-Grade Lagoa Salgada Polymetallic VMS Project in Portugal
TORONTO, Sept. 04, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) has started its exploration program at the high-grade Lagoa Salgada polymetallic volcanic massive sulphide Project (“Lagoa Salgada” or the “Project) located on... Read More
August 24, 2018
Ascendant Resources Secures $5 Million Revolving Credit Facility
TORONTO, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce its wholly owned subsidiary, American Pacific Honduras S.A. de C.V (“AMPAC”) closed a US$5 million short-term revolving credit facility... Read More
August 8, 2018
Ascendant Resources Announces Record Metal Production and EPS of $0.06 in Second Quarter 2018
(All dollar amounts are in U.S. dollars unless otherwise specified) Q2 2018 Highlights Include: Net income of $4.58 million and earnings per share of $0.06 Adjusted EBITDA of $7.38 million; fourth consecutive quarter of positive adjusted EBITDA Record contained metal production of 22.9 million... Read More
August 1, 2018
Ascendant Resources Acquires Interest and Option in the Highly Prospective Lagoa Salgada VMS Project Located on the Prolific Iberian Pyrite Belt in Portugal
Low-cost entry to a significant high-grade VMS polymetallic deposit within reach of mineable scale in the Iberian Pyrite Belt along trend from the transformational Neves Corvo (Lundin) and Aguas Tenidas (Trafigura) mines and Aljustrel (private) NI 43-101 Indicated Resource of 5.8 million tonnes at... Read More
July 12, 2018
Ascendant Resources Announces Q2 2018 Production Results, Continues Growth For Sixth Consecutive Quarter
Provides Update on Ongoing Long-Term Optimization Plan at El Mochito Q2 2018 Production Highlights: Record contained metal production of 22.9 million ZnEq lbs, an increase of 7% over Q1 2018 and 49% over Q2 2017 ZnEq grade of 6.3%, representing an increase of 3% over 6.1% ZnEq in Q1 2018 and a 14%... Read More
June 19, 2018
Ascendant Resources Announces Results of Annual Shareholder’s Meeting
TORONTO, June 19, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) is pleased to announce the voting results of the Company’s 2018 Annual and Special Shareholder’s Meeting (the “Meeting”) held earlier today, June 19, 2018 in... Read More
June 14, 2018
Ascendant Resources: El Mochito Delivers High-Grade Intercepts Including 8.6 Metres at 9.6% Zinc Equivalent in Drilling Subsequent to Recent Resource Update
TORONTO, June 14, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) is pleased to announce results from 40 diamond drill holes (12,015 metres) as part of the 2018 exploration and definition drilling program at its El Mochito mine in... Read More
May 28, 2018
Ascendant Resources Files NI 43-101 Technical Report for Mineral Reserve and Resource Update Outlining a Life of Mine Beyond 7 Years at El Mochito
TORONTO, May 28, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) is pleased to announce the Company has filed a Technical Report for its El Mochito mine in Honduras entitled, “ASC 2018 Technical Report on the Mineral Resources and... Read More
May 9, 2018
Ascendant Resources Announces Free Cash Flow of $5.3 Million and Earnings of $0.07 Per Share in First Quarter 2018
(All dollar amounts are in U.S. dollars unless otherwise specified) Q1 2018 Highlights Include: Net income of $5.29 million and earnings per share of $0.07 Adjusted EBITDA of $7.95 million; third consecutive quarter of positive adjusted EBITDA Free cash flow of $5.30 million resulting in a cash... Read More
April 17, 2018
Ascendant Resources Announces Q1 2018 Production Results Highlighting Growing Metal Production With Improved Zinc Grades
Record contained metal production of 21.4 million ZnEq lbs, an increase of 9% over Q4 2017 and 57% over Q1 2017 ZnEq grade of 6.1%, representing an increase of 15% over 5.3% ZnEq in Q4 2017 and 9% over Q1 2017 Cash balance of US$13.1 million at March 31, 2018 vs US$8.0 million at year end 2017... Read More
April 10, 2018
Ascendant Resources Almost Triples Contained Zinc in Mineral Reserves at El Mochito Extending Life of Mine Beyond 7 Years
TORONTO, April 10, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) is very pleased to report the results of an updated Mineral Resource & Reserve Estimate for its El Mochito mine in Honduras prepared in accordance with National... Read More
March 21, 2018
Ascendant Resources Reports Free Cash Flow in Q4 and Record December Production at the Rehabilitated El Mochito Mine
(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) Q4 2017 Highlights Positive Free Cash Flow of $0.75 million for Q4 2017 with $8.04 million in cash exiting 2017 Adjusted EBITDA of $2.28 million for Q4 2017; six consecutive months of positive Adjusted EBITDA Record tonnes... Read More
March 8, 2018
Ascendant Resources to Release Fourth Quarter and Year End 2017 Results on March 21, 2018 and Host Conference Call
TORONTO, March 08, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) announced today that it plans to release its fourth quarter and year end 2017 results after the market close on Wednesday, March 21, 2018. Management will host a... Read More
JuniorMiningNetwork
January 18, 2018
Ascendant Resources Reports Grades of Up to 19.3% Zinc, 15.0% Lead in Latest Exploration Drilling Results
TORONTO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) announces the results from an additional 35 diamond drill holes... Read More
January 11, 2018
Ascendant Resources Announces Positive Free Cash Flow for Q4 2017 and Provides 2018 Guidance
Positive Free Cash Flow for Q4 2017 with US$8.0 million in cash exiting 2017 Record tonnes milled in December; production increased by 81% since January 2017 Guidance for 2018: Free Cash Flow of US$14-$20 million; EBITDA of US$32-$40 million TORONTO, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Ascendant... Read More
December 12, 2017
Ascendant Resources Reports Strong Monthly Production Results from El Mochito Mine in Honduras
Adjusted EBITDA 1 of $1.6 million in November Record tonnes hoisted in November and Q4 production gains expected to drive robust operating and financial results in 2018 Milled production tonnes up 67% year to date TORONTO, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND)... Read More
December 4, 2017
Ascendant Resources Continues Normal Operations at El Mochito Post Honduras Elections
TORONTO, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) reports that operations at its El Mochito mine in Honduras are continuing normally despite uncertainty following the General Elections held on Sunday, November 26,... Read More
JuniorMiningNetwork
October 3, 2017
Ascendant Resources Drills 23.4 Metres of 7.7% Zinc Equivalent at El Mochito Mine in Honduras
Continued High-Grade Intersections From Ongoing Drilling Confirms Ascendant Resources’ Higher Potential Mining Grade and Tonnage Theory at El Mochito Key Highlights*: (true and apparent widths): Infill... Read More
September 20, 2017
Ascendant Resources Announces August 2017 Operational Results
TORONTO, Sept. 20, 2017 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) ("Ascendant" or the "Company”) is pleased to report continued positive momentum in August with adjusted EBITDA 1 of $0.8MM at the mine for the month, marking the second consecutive month of... Read More
August 14, 2017
Ascendant Resources Reports Q2 2017 Financial Results
TORONTO, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX:ASND) (FRA:2D9) ("Ascendant" or the "Company”) is pleased to report that July was the El Mochito Mine’s first month of positive Adjusted EBITDA 1 since Ascendant assumed ownership of the mine in December 2016. During the... Read More

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