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 […]
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 […]
Ascendant Resources Engages Leading Decarbonization Consultant to Drive Carbon Neutrality at Lagoa Salgada
2023-01-23 04:01:08 Ascendant Resources engages Synergy Enterprises to develop emission reduction strategy at Lagoa Salgada First step towards Carbon Neutrality at Lagoa Salgada TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that the company has engaged Synergy Enterprises (“Synergy”), a […]
Ascendant Resources Starts Drilling “Anomaly D” Exploration Target With Analogous Signature to North Zone Massive Sulphide Deposit at Lagoa Salgada
2023-01-18 04:05:00 Ascendant commences first greenfield exploration drilling since acquiring the Lagoa Salgada option 5,000m exploration program targeting two undrilled IP/EM anomalies with the potential for sizeable concentrations of mineralization Drilling underway at “Anomaly D” a high impact target hoped to be a replica of the North Zone; Lagoa Salgada’s richest deposit […]
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 […]
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 […]