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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.


TSX:ASND - Post by User

Ascendant Resources Inc
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Post by stockfyon Jan 07, 2021 5:32am
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Post# 32240106

ASND: Its Zinc and Copper Projects in Iberian Pyrite Belt

ASND: Its Zinc and Copper Projects in Iberian Pyrite BeltASND has lately discovered high-grade copper deposits along with high-grade zinc deposits in its exploration projects in Portugal in Iberian Pyrite Belt. Goldman Sachs is very bullish on copper and its analysts recently raised their 12-month forecast for copper to $9,500 per metric ton, up from a previous estimate of $7,500:


https://www.cnbc.com/2020/12/02/goldman-sachs-says-copper-prices-could-soon-test-record-highs.html#:~:text=Goldman%20analysts%20raised%20their%2012,a%20previous%20estimate%20of%20%247%2C500.&text=It%20has%20estimated%20copper%20prices,average%20of%20%249%2C175%20in%202022.


See this too:

https://www.kitco.com/news/2020-12-08/Goldman-Sachs-are-bullish-on-copper.html





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