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 First Quarter 2020 Results

●  Results include the El Mochito Mine which was sold subsequent to quarter end and is shown as a discontinued operation Q1 2020 Highlights: Contained metal production of 28.8 million ZnEq1 lbs, up 23% vs Q1/19ZnEq grade of 7.8%, a 16% improvement over Q1/19Net Revenue from discontinued operations of $13.78 million, down 23% from Q1/19 and down 31% from Q4/19, due to a negative provisional price adjustment of $12.35 millionSignificant improvement in AISC of $1.03/lb ZnEq versus $1.30/lb ZnEq in Q1/19 Adjusted EBITDA loss of $9.30 million versus $1.45 million gain in...

Ascendant Resources Reports Fourth Quarter and Full Year 2019 Results Which Include the Recently Disposed El Mochito Mine

2019 Full Year Highlights Contained metal production of 106.2 million ZnEq1 lbs up 16% from 2018 Cash operating costs of $0.70/ZnEq lb sold, down 11% from 2018Net loss of $8.21 million or loss per share of $0.11 Continued exploration success at Lagoa Salgada provided basis for February 2020 PEA Q4 2019 Highlights Contained metal production of 29.4 million ZnEq lbs up 27% from Q4 2018 Minesite AISC decreased to $1.00/ZnEq lb sold Consolidated AISC decreased to $1.05/ZnEq lb soldHighest average quarterly grade for Ascendant achieved at 8.5% ZnEq (All dollar amounts are in U.S. dolla...

Ascendant Resources Appoints Rui Santos to its Board of Directors

TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce that Mr. Rui Botica Santos is joining the Company’s Board of Directors. Mr. Santos is a lawyer based in Portugal who is widely regarded as a leading authority in the mining sector in Portugal. Mr. Santos has spent over 20 years representing/assisting domestic and international corporations in negotiations and disputes with the State regarding land acquisitions, exploration, extraction and environmental licenses, for both the m...

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