Bullboard - Stock Discussion Forum 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... see more

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TSX:ASND - Post Discussion

Ascendant Resources Inc > POST-TAX NPV8 OF US$147 MILLION T. ASND

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Post by Betteryear2 on Jul 25, 2023 8:05pm

POST-TAX NPV8 OF US$147 MILLION T. ASND

TORONTO, July 25, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce results of its initial NI 43-101 Feasibility Study ("FS") for its Venda Nova deposit at its Lagoa Salgada VMS Project in Portugal, based upon an updated Mineral Reserves and Resources Estimate. The completion of the FS satisfies Ascendant's earn-in option requirements to move to 80% ownership, subject to closing documentation with all other conditions having previously been met.

ASCENDANT RESOURCES ANNOUNCES POST-TAX NPV8 OF US$147 MILLION AND 39% IRR FROM INITIAL FEASIBILITY STUDY AT ITS LAGOA SALGADA PROJECT IN PORTUGAL (newswire.ca)

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