Assay TV is joined by Mark Brennan, executive chairman and founder of Ascendant Resources Inc. (TSX: ASND), a Toronto-based mining company focused on the exploration and development of its Lagoa Salgada VMS project located on the Iberian Pyrite Belt in Portugal.
Mark informs us that the company has recently completed 23 drill holes totalling 10,453m as part of the overall drill programme to support the completion of its bankable feasibility study expected by the end of Q1 2023.
Additional high-grade intercepts at the North Zone include 58m @ 20.51% ZnEq from 165m, and an extension of copper rich subdomain below the North Zone with a new intercept of 14m @ 2.34% Copper or 12.53 % ZnEq from 252m.
Mark also tells us that Ascendant has recently closed a US$15M financing agreement with Sprott streaming for its Lagoa Salgada Project.
Website: ascendantresources.com
Primary ticker: TSX:ASND
Stages of development: Exploration, Development
Commodities: Copper, Zinc, Lead, Gold, Silver, Tin
Project to promote: Lagoa Salgada
Project location: Portugal
Mining investment news, insights, and company profiles
The Assay TV – Mark Brennan, Executive Chairman & Founder, Ascendant Resources (TSX:ASND) – 13/12/2022
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