Further to its press release on February 3, 2025, Ascendant Resources Inc. announces that it has mailed and filed on SEDAR+ its notice of meeting and management information circular in respect of the upcoming special meeting of shareholders of the Company . The Meeting will be held at the offices of the Company, 200 Bay Street, Suite 3205, Toronto, Ontario, Canada, M5J 2J2 on May 6, 2025 at 10:00 a.m. . All Shareholders [...]
• Funds to Progress Lagoa Salgada Project and extinguish a significant portion of short-term payables • Additional Support Received for Arrangement with Cerrado Ascendant Resources Inc. is pleased to announce closing of the first tranche is pleased to announce closing of the first tranche of the private placement previously announced on February 3, 2025 in connection with the arrangement agreement it entered [...]
All share consideration implies value of C$0.06 per Ascendant Share,representing a premium of 14% based on the respective 30-day VWAPs of Cerrado and Ascendant as at January 30, 2025. Acquisition provides certitude of funding for the continued advancement of the Lagoa Salgada Project and immediate exposure to a strong cash position of US$21M and cash flows from current gold production of approximately 50,000 ounces per [...]
Ascendant Resources Inc. is pleased to announce it continues to develop its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent success in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project. Continued development is planned in the areas of exploration at recently identified targets [...]
Lagoa Salgada poised to become the next new mine on the Iberian Pyrite Belt Ascendant Resources Inc. is pleased to highlight significant advancements that have been achieved in 2024 at its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent progress in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global [...]
Program driven by reinterpreted geophysical data and new gravity survey targets adjacent to existing North and South Zone deposits. Ascendant Resources Inc. ") is pleased to announce that it has initiated a targeted exploration program at its Lagoa Salgada VMS Project, in Portugal. Targeted Exploration Drill Program The drill program has been initiated to test promising Massive and Semi-Massive Sulphide targets based on a [...]
Ascendant Resources Inc. is pleased to announce the successful completion of Phase I of its metallurgical test work optimization program for the Primary Massive Sulphide and Stockworks domain at the Lagoa Salgada Volcanogenic Massive Sulphide project, located in Portugal. The results of the Phase I program have shown substantial improvements in both metal recoveries and concentrate grades, reinforcing the economic [...]
Lagoa Salgada selected to participate in the European Union's UNDERCOVER Project to unlock hidden critical mineral deposits at depth using cutting edge Geophysical techniques UNDERCOVER Project will employ Seismic Reflection and Refraction, Magnetotellurics , Gravity and Magnetic Surveys, Electromagnetic Surveys, and Joint Inversion Techniques to delineate potential deposits of critical minerals at depth The two-year [...]
Partnership to integrate hyperspectral technology, Artificial Intelligence and machine learning for exploration as part of the Innovative HYPERMETAL Project. HYPERMETAL project is designed to revolutionize the efficiency and precision of polymetallic mineral exploration by enhancing the characterization of deposits. Program to be funded via application for Portugal 2030 Funding under the New Technologies Specialization [...]
Final stage of Lagoa Salgada EIA application before entering the RECAPE process, has been submitted for review to APA, the Portuguese environmental agency. The 60 day RECAPE review, aims to verify that the execution of the project complies with the criteria established in the Environmental Impact Declaration. Once verified, and subject to APA approval, the project is expected to receive its environmental title. [...]
Ascendant Resources Inc. is pleased to announce the Company, through its subsidiary, Redcorp - Empreendimentos Mineiros, Lda , has entered into a Protocol of Cooperation with the Faculty of Sciences of the University of Lisbon with the aim to establish cooperation frameworks for joint participation in a wide range of projects, studies, and activities, focusing on Education, Training and Research on Environment and Natural [...]
Ascendant Resources Inc. is pleased to announce that it has appointed McGovern Hurley LLP as its auditor until the next meeting of shareholders. The appointment of McGovern Hurley follows mutual agreement between Ascendant and KPMG LLP and the subsequent notice from KPMG LLP to resign as auditor of the Company. About Ascendant Resources Inc. Ascendant Resources is a Toronto-based mining company focused on the exploration [...]
