Ascendant Resources Inc. is pleased to announce that it has received a non-binding term sheet from Overseas Private Investment Corporation , for a project loan of US$35 million to American Pacific Honduras S.A. de C.V., the Company’s operating subsidiary in Honduras, to finance the expansion of the El Mochito mine in Honduras as detailed in [...]
Ascendant Resources Inc. is very pleased to announce transformational results from its 20-hole drill program totaling 6,950 metres and an initial geophysics program at the Lagoa Salgada polymetallic VMS Project located on the Iberian Pyrite Belt in Portugal; the IPB is home to some of the world’s largest volcanogenic massive sulphide mines [...]
Ascendant Resources Inc. is pleased to announce the appointment of Robert Campbell to the position of Vice President, Exploration. Mr. Campbell is an exploration geologist with over 40 years experience in mining and exploration in Canada, the United States and Latin America. He is currently a Director of the Company and most recently served as Vice [...]
Ascendant Resources Inc. is pleased to announce it has filed on SEDAR the Technical Report titled Preliminary Economic Assessment for the Expansion of the El Mochito Mine for its producing zinc-lead-silver mine in Honduras. The PEA was prepared in accordance with National Instrument 43-101 and supports the results initially announced on October [...]
Lower metal prices and provisional pricing adjustments impact net income Q3 2018 Highlights Include: Record contained metal production of 23.9 million ZnEq lbs, an increase of 37% over Q3 2017; the seventh consecutive quarter of strong metal production ZnEq grade of 6.7%, an increase of 24% over Q3 2017 Quarterly tonnes milled of 191,738 t, up 9 [...]
Ascendant Resources Inc. is pleased to announce results from an additional 54 diamond drill holes from its 2018 exploration and definition drilling program at its El Mochito mine in Honduras. The drilling was split between step-out and in-fill drill holes and targeted the following eight areas located mainly in the eastern portion of the mine; Port [...]
Optimization program to ensure El Mochito mine generates robust returns in any reasonable zinc price environment Ascendant Resources Inc. is very pleased to announce the results of a Preliminary Economic Assessment for the expansion and optimization of operations at its El Mochito mine in Honduras. Current Mining Layout - Long section of El Mochito [...]
Q3 2018 Highlights: Contained metal production of 22.3 million ZnEq1 lbs, an increase of 28% over Q3 2017 ZnEq grade of 6.3%, an increase of 17% over Q3 2017 Quarterly tonnes milled 9% up to 191,738 t against Q3 2017 Change to the Board of Directors Ascendant Resources Inc. announces production results from its El Mochito mine for the third quarter [...]
9.9 meters of 3.19% Copper in new displacement zone at depth Cross Section of Drill Hole LS_MS_07 Plan View of the 2018 Planned Drill Holes Ascendant Resources Inc. is very pleased to announce the results from the first drill hole, LS_MS_07, from its recently initiated 22 hole drill program at the high-grade Lagoa Salgada polymetallic volcanogenic [...]
Ascendant Resources Inc. is pleased to announce results from an additional 24 diamond drill holes from its 2018 exploration and definition drilling program at its El Mochito mine in Honduras. The drilling was split between in-fill and step-out drill holes, and targeted extensions of four ore bodies, namely Porvenir, Santa Elena, Port Royal Manto [...]
Ascendant Resources Inc. has started its exploration program at the high-grade Lagoa Salgada polymetallic volcanic massive sulphide Project located on the Iberian Pyrite Belt in Portugal. Plan view of the 2018 planned drill holes Overview of the Lagoa Salgada and Rio de Moinhos Sectors The exploration program includes 22 diamond drill holes with a [...]
Ascendant Resources Inc. is pleased to announce its wholly owned subsidiary, American Pacific Honduras S.A. de C.V closed a US$5 million short-term revolving credit facility with Banco Financiera Comercial Hondurena S.A. based out of Tegucigalpa, Honduras. The credit facility has a 12-month term from the closing date, bears interest at a rate of [...]