Ascendant Resources Inc ASDRF

Primary Symbol: T.ASND

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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Post by stockfyon Dec 19, 2020 5:35am

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Post# 32146474

Zinc, Copper, ASND and LUN in Iberian Pyrite Belt

Zinc has risen a lot and closed at $2,860 per tonne while copper closed at $3.6 per pound last Friday.

These prices bode very well for ASND's exploration projects with the high-grade zinc and copper deposits in Portugal. Lundin Mining (LUN) and its Neves-Corvo mine in Iberian Pyrite Belt is nearby:

https://www.lundinmining.com/operations/neves-corvo/

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