Agricultural Science and Technology Indicators

Ascendant Resources Intersects 78.5 Meters @ 22.72% Zinc Equivalent of Massive Sulphide in Venda Nova North Deposit at Lagoa Salgada Property Portugal

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Tuesday, May 3, 2022
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TORONTO, May 03, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) reports assay results from 6 metallurgical holes drilled between November 2021 and March 2022 at the Venda Nova deposit at its Lagoa Salgada Project, Portugal. The scope of the program was designed to generate fresh representative samples to optimize the metal recoveries from the various ore types seen within the Venda Nova as part of the ongoing metallurgical testwork. Samples are being tested at Grinding Solutions Ltd. (“GSL”) in the United Kingdom.

Key Points: 
  • In addition, the new holes (and incorporating previous results) have now identified a new subdomain within the massive sulphides in the north zone.
  • The increased understanding of the various domains is expected to improve the accuracy of metallurgical testing and subsequent results.
  • Four holes were collared in the North Zone and 2 in the South Zone (Tables 1 and 2 and Figure 2).
  • The deposit demonstrates typical mineralization characteristics of Iberian Pyrite Belt VMS deposits containing zinc, copper, lead, tin, silver and gold.