Ascendant Resources Announces Post-Tax NPV8 of US$147 Million and 39% IRR from Initial Feasibility Study at Lagoa Salgada Project in Portugal
2023-07-25 15:38:31 Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023 Definitive Feasibility Study include: Post-tax NPV8% of US$147 million and 39% IRR Average annual payable zinc equivalent (“ZnEq”) production of […]
Ascendant Resources Announces Potential Export Credit Agency Support For Project Finance At Its Lagoa Salgada Project In Portugal
2023-07-05 03:05:30 UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency (“ECA”) support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance Premium Costs UKEF’s […]
Europacific Metals Files a Ni 43–101 Technical Report for Borba 2 Copper-Gold Property, Alentejo, Portugal
2023-05-19 14:01:28 VANCOUVER, BC / ACCESSWIRE / May 19, 2023 / Europacific Metals Inc (previously Goldplay Mining Inc) (TSXV:EUP), (the “Company” or “Europacific“) is pleased to announce the Company has filed a Technical Report for the Portuguese Borba 2 Project entitled, “Geology and mineralization of the Borba 2 copper-gold property, Alentejo, Portugal”, (the “Technical Report”). […]
ASCENDANT PROVIDES AN UPDATE FOR ITS LAGOA SALGADA POLYMETALLIC PROJECT IN PORTUGAL
2023-04-17 03:02:51 TSX: ASNDwww.ascendantresources.com Feasibility study expected in May Final Metallurgical Results Expected Shortly Appoints SD Capital Advisory and GKB Ventures (S&G) to Investigate Export Credit Agency Project Finance TORONTO, April 17, 2023 /CNW/ – Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) (“Ascendant” or the “Company”) expects to complete the feasibility study (“FS”) for its […]
Avrupa Minerals Provides Alvalade JV Update, Portugal
2023-03-03 12:45:45 Four holes, totaling 2,693 meters, completed in current phase of exploration drilling; Geochemical results from the first three holes contain anomalous pathfinder metals, including Au, As, Cu, Mo, Pb, Sb, Sn, Zn, in target black shale horizon, suggesting potential proximity to massive sulfide targets; Sample […]
Europacific Metals Files Technical Report for the Barrancos Project, Alentejo, Portugal
2023-02-02 05:10:01 VANCOUVER, BC / ACCESSWIRE / February 2, 2023 / Europacific Metals Inc (previously Goldplay Mining Inc) (TSXV:EUP). the “Company” or “Europacific“) is pleased to announce the Company has filed a Technical Report for the Portuguese Barrancos Project entitled, “Geology and mineralization of the Barrancos copper-gold property, Alentejo, Portugal”, (the “Technical Report“). The Technical […]
Ascendant Resources Makes US$2.5 Million Final Payment Under Earn-In Agreement for Lagoa Salgada VMS Project, Portugal
2022-12-14 04:04:28 80% ownership to be achieved upon completion of Feasibility Study in Q1 2023 TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has satisfied all financial conditions required to increase its effective ownership interest from 50% […]
Ascendant Resources Intersects 58m @ 20.51% Zn Equivalent and 14m @ 2.34% Cu at the Venda Nova North Zone, Lagoa Salgada Project, Portugal
2022-12-05 04:13:11 Metallurgical drill program at North Zone of Venda Nova now complete Additional high-grade intercepts at North Zone (Massive Sulphides), including: 58 meters (“m”) @ 20.51% Zinc Equivalent (Zn Eq.) from 165m Extension of copper rich subdomain below the North Zone with new intercept of: 14m […]
Ascendant Resources Announces 5,000 Metre Satellite Target Exploration Program at Its Lagoa Salgada Property in Portugal
2022-11-29 04:13:01 5,000m program targeting several prospective undrilled IP/EM anomaly targets Two high priority undrilled targets identified within the Venda Nova area: Anomaly D: Shallow target located north-east of Venda Nova South Zone Anomaly B: Large deep target located north-east of Venda Nova North Zone TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: […]
Ascendant Resources Closes US$15 Million Financing Agreement With Sprott Streaming for Its Lagoa Salgada Project, Portugal
2022-11-28 04:11:35 TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND, OTCQB: ASDRF) (“Ascendant” or the “Company”) is very pleased to announce it has entered into a US$15 million metals stream agreement (the “Stream Agreement”) with Sprott Private Resource Streaming and Royalty Corp. (“Sprott Streaming”) for its Lagoa Salgada VMS project located […]
Avrupa Minerals Drills 0.48% Cu over 22.9 meters – Proving Continuity of Copper-Zinc Mineralization at Sesmarias North, Alvalade Project, Portugal
2022-04-04 06:22:22 Best results of semi-massive to massive sulfide mineralization include: 22.9 meters, from 378.50 meters @ 0.48% Copper, 0.72 g/t Gold, 37.7 g/t Silver, 1.10% Lead, and 2.17% Zinc Vancouver, BC – TheNewswire – April 4, 2022 – Avrupa Minerals Ltd. (TSXV:AVU) (OTC:AVPMF) is pleased to report that […]
Romans exploited silver deposits in Portugal, Spain to make coins
2021-12-29 13:15:31 Silver became widely used for coinage in the Roman world from the 7th century BCE onward and provided a standardized monetary system for ancient Mediterranean civilizations. The problem is that it is difficult to determine which deposits Roman miners exploited because most of them have been depleted. However, the ones that still stand […]
Goldplay Mining Begins Drilling on past Producing Copper Mine in Portugal
2021-11-08 06:03:28 VANCOUVER, BC / ACCESSWIRE / November 8, 2021 / Goldplay Mining (TSXV:AUC) (OTCQB:AUCCF) (Frankfurt:9FY), (the “Company” or “Goldplay“), is pleased to announce that it has initiated drilling on the historical Aparis Copper Mine (“Aparis”) in Portugal. The Aparis mine is part of the projects held by a private Portuguese company, Indice Crucial Lda (“Indice […]
Goldplay Mining Signs Exploration Agreement with Portuguese Government on Several Past Producing Copper and Gold Mines in Portugal
2021-11-01 05:04:31 VANCOUVER, BC / ACCESSWIRE / November 1, 2021 / Goldplay Mining (TSXV:AUC) (OTCQB:AUCCF) (Frankfurt:9FY), (the “Company” or “Goldplay“), is pleased to announce that it has signed a mineral exploration/concession agreement (the “Agreement”) with the Portuguese government in relation to four projects which include: two past producing copper mines, one past producing gold mine and […]
Luxury homes in Portugal worth $4.7 million paid for in Cardano (ADA)
2021-10-28 18:01:35 High-end real estate developer Prometheus International sold two luxury properties on the island of Madeira for Cardano totaling €4.1 million ($4.7 million). Madeira is an autonomous region of Portugal comprising four islands about 430 miles off the northwest coast of Africa. It is known for its mild climate and exotic vegetation, making it […]
Ascendant Resources Files Technical Report for Its Lagoa Salgada VMS Project in the Iberian Pyrite Belt, in Portugal
2021-10-25 14:53:11 TORONTO, Oct. 25, 2021 (GLOBE NEWSWIRE) — Ascendant Resources (TSX: ASND) (“Ascendant” or the “Company”) announces the filing on SEDAR (www.sedar.com) of the new NI 43-101 Preliminary Economic Assessment (“PEA”) entitled “NI 43-101 Technical Report and PEA for the Lagoa Salgada Project”. The report was completed by Quadrante and Igan Ingeniería. The report […]