Ascendant Resources Inc.

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Canada & Ontario Toronto

79 Wellington Street West, Suite 2100, P.O. Box 139

+1 647 769-0066

www.ascendantresources.com

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Company Resources

Project : Lagoa Salgada
Deposit : Lagoa Salgada
Date : Jan 14, 2020
Report Code : NI43-101 Report Type: PEA
Download: View this Report
Commodities : Copper-Zinc-Lead-Gold-Silver-Tin
Report Details: PEA results incl. post-tax NPV (8%) of $106M, IRR of 31%
Resources:
CP/QP: [Resources]: Charley Murahwi (Micon International Ltd.)

Company Press Releases

Ascendant Resources Reports Robust Preliminary Economic Assessment for the Lagoa Salgada Project in Portugal

Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEqLagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred Resources at 5.9% ZnEq in the North Zone only from 60 holes totaling 13,380 metres of drilling with substantial additional resources expected from future drillingThe South and Central Zones, with reported Resources delineated by only 20 holes totaling 9,849 meters of drilling, are not included in the current PEA, yet both zones are expected to have a significant benefit to future devel...

Ascendant Resources Provides Corporate Update and Review of Significant Milestones Achieved in 2019

Lagoa Salgada PEA to be released in January 2020El Mochito grade and metal production growth targets achieved, offsetting a rising cost environment TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to provide a summary of its 2019 achievements and a corporate update. For 2019, the Company had two primary goals; namely the further advancement of the exploration and economic potential at the Lagoa Salgada VMS project in Portugal and continuing to advance operational i...

Ascendant Resources Significantly Reduces Costs and Increases Grades in the Third Quarter to Report Lowest Cash Costs at the El Mochito Mine Since the Ascendant Acquisition

(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) Mine site AISC decreased to $1.09 and Consolidated AISC reported at $1.13Conference call on November 14, 2019, at 10:00am ET to review results Q3 2019 Highlights: 11th consecutive quarter of metal production growth since Ascendant acquisitionRecord contained metal production of 28.8 million ZnEq1 lbs, up 21% from Q3 2018Average head grade of 7.8% ZnEq, a 17% improvement over Q3 2018Cash operating costs of $0.70 per ZnEq payable lb sold are lowest achieved to dateAdjusted EBITDA of $0.36 million,...

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