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Ascendant Resources Inc(ASND-T)
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Ascendant Resources Reports 12 Metres at 3.3% Copper (5.5% CuEq) and Discovers New Copper Enriched Zone Below Current Resources in the South Zone at Its Lagoa Salgada Project, Portugal

Globe Newswire - Thu Jul 28, 2022

TORONTO, July 28, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB:ASDRF) (“Ascendant” or the “Company”) reports assay results from hole ST_31 completed as part of the ongoing infill drill program at the Venda Nova Deposit at the Company’s Lagoa Salgada VMS Project, Portugal. Based on the drill intercepts reported and in conjunction with prior results, the Company has defined a new High-grade copper zone within the South Zone with potential extension at depth. The High-grade copper intercepts reported in hole ST_31 are significant due to the following: i) it is expected to increase the mineralized volume and the grade of the existing block model for the South Zone; ii) based on data collected to date, it could support the sub domaining of a high-grade copper dominated stacked lens towards and beyond the footwall of the existing constraining wireframe; and iii) it continues to support resource conversion for the ongoing feasibility study at the Venda Nova deposit.

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