Ascendant Resources Inc. is very pleased to report additional high-grade results from the final five holes drilled in the North Zone at the Lagoa Salgada VMS project located on the Iberian Pyrite Belt in Portugal. Results include the best hole drilled to date at the Lagoa Salgada project, LS_MS_39. Drill holes with final assays received to date [...]
Conference call on August 8, 2019, at 10:00am EDT to review results Q2 2019 Highlights: Record contained metal production of 24.6 million ZnEq1 lbs, up 8% from Q2 2018 Zinc Equivalent grade of 6.7%, a 7% improvement over Q2 2018 Profitability impacted by lower pricing, increased power costs and substantially higher TCs & RCs Significant investment [...]
Ascendant Resources Inc. is very pleased to announce continued exploration success highlighted by high-grade drill results over extended intervals that are expected to significantly expand and upgrade the current resource at the Lagoa Salgada VMS Project located on the Iberian Pyrite Belt in Portugal. Ascendant anticipates a new NI 43-101 Resource [...]
Second Quarter 2019 Highlights: Record contained metal production of 24.6 million ZnEq1 lbs, up 8% from Q2 2018 Average grade of 6.7% ZnEq, up 7% from Q2 2018 Record milled throughput of 195.7 k tonnes, up 1.7% over Q2 2018 TORONTO, July 17, 2019 -- Ascendant Resources Inc. is pleased to release second quarter 2019 production results highlighted by [...]
Ascendant Resources is pleased to announce the voting results of the Company’s 2019 Annual and Special Shareholder’s Meeting held earlier today, June 14, 2019 in Toronto, Ontario. A total of 27,167,473 common shares were voted at the Meeting, representing 35.24% of the votes attached to all outstanding common shares of the Company. All [...]
Company expects metal production to ramp up during second half of the year Q1 2019 Highlights: Contained metal production of 23.4 million ZnEq1 lbs, up 9% vs Q1 2018 ZnEq grade of 6.7%, a 10% improvement over Q1 2018 Quarterly milled tonnes of 192,922, up 3% over Q1 2018 as result of new Esperanza access ramp which also provides significant [...]
First Quarter 2019 highlights: Contained metal production of 23.4 million ZnEq1 lbs, up 9% from Q1 2018 Grade of 6.7% ZnEq, up 10% from Q1 2018 Milled throughput of 192,922 tonnes up 3% over Q1 2018 with new access ramp to Esperanza commissioned Completion of Esperanza drift provides significant exploration opportunity [...]
Files Technical Report for the updated Mineral Resource Estimate announced February 2019 Ascendant Resources Inc. announces the commencement of its 2019 exploration program at the high-grade Lagoa Salgada volcanic massive sulphide Project located on the Iberian Pyrite Belt in Portugal. This follows on the back of last year’s successful [...]
22.5% of silver production with 25% ongoing payment equals approximately 2% of Ascendant’s total projected revenue for 2019 Ascendant Resources Inc. is pleased to announce that it has entered into a silver purchase and sale agreement with Maverix Metals Inc. to support the Company’s working capital position and provide financial [...]
unless otherwise specified) 2018 Full Year Highlights 2018 contained metal production increased 38% vs 2017 to 91.4 million ZnEq1 lbs Revenues of $85.62 million, an increase of 45% over 2017 Direct operating cost of $78.98/t, a decrease of 10% from 2017 Adjusted EBITDA of $13.49 million for first year of normalized operations Net income of $3.01 [...]
2018 contained metal production up 38% vs 2017 to 91.4 million ZnEq¹ lbs Record ZnEq grade increased by 32% to 7.0% in Q4 2018 with vastly improved grades throughout 2018 Higher grades to drive a 10% increase in 2019 guidance over 2018 ZnEq production Ascendant Resources Inc. is pleased to release fourth quarter and full year 2018 production [...]
Project more than doubled its previous mineral resources with modest drill program Ascendant Resources Inc. is very pleased to announce the results of an updated National Instrument 43-101 Mineral Resource Estimate at the Lagoa Salgada polymetallic Volcanogenic Massive Sulphide Project located on the Iberian Pyrite Belt in Portugal. Lagoa Salgada [...]