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Ascendant Resources Inc T.ASND

Alternate Symbol(s):  ASDRF

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

Comment by 101724on Jan 27, 2023 9:45pm
67 Views
Post# 35251436

RE:Drill results soon?

RE:Drill results soon?I was wrong. Looks like Clinton Swemmer, Vice President Technical Services dumped all of his 246,000 shares and sent the share price down.
 
Two things of note from Mr. Swemmer's bio:

1) Mr. Swemmer held the position of Vice President of Project Delivery for Treasury Metals a mining company where he managed the Study and Trade-Offs to maximize NPV and meet the technical requirements of the Environmental and Permit process.

2) While at Ausenco, Mr. Swemmer was also accountable for reviewing all Pre-Feasibility Studies (PFS) and Feasibility Studies (FS) execution strategies and layouts such as Marathon Gold Mine and Springpole Gold Project.

Makes we wonder if Mr. Swemmer has completed his task at Ascendant and the Enviromental Impact study and the feasibility study are complete. Now that his selling is done, hoping we can start climbing again.

Just a thought.

 

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