Ascendant Resources Inc T.ASND

Alternate Symbol(s): ASDRF

Metals & Mining Industrial Metals & Minerals

Ascendant Resources Inc. is a Canada-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada volcanogenic massive sulphide (VMS) project located on the prolific Iberian Pyrite Belt (IPB) in Portugal. The Lagoa Salgada Project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers (km) southeast of Lisbon and is accessible by national highways and roads. The Project is comprised of a single exploration permit covering an area of approximately 7,209 hectares. The Project represents an early-stage, potentially high-grade, polymetallic zinc-lead-copper exploration opportunity in a low risk, established and prolific jurisdiction. The Lagoa Salgada project comprises two known deposits: Venda Nova North and South. The Project represents a low-cost entry opportunity to gain exposure to a known, high-grade VMS deposit.

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Ascendant Resources Inc

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Comment by Kutubuon Nov 17, 2012 5:05am

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Post# 20613030

RE: Bougainville has legal powert

Thanks for posting the article. It shows that the President wants ABG to control the mining empire. But the mining department after so many years in power still hasn't got a miming policy. The land owners are hoping that a miracles happens before Christmas.

Once the mining policy is passed through the house in December we could look forward to the issue of exploration licenses that have been lodged with the mining department 6 in total I am told.

Will Morumbi be ready to this challenges ?

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