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 > New company name

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Comment by 101724on Jun 01, 2023 6:07pm

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Post# 35475874

RE:RE:New company name

Right the first time, wrong the second time. From their December 14,2022 press release:

As per the earn-in agreement, the Company has the option to earn an additional 30%, totaling an 80% effective interest in the Project, by making the US$2.5 million payment and completing a feasibility study by June 22, 2023.

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