trending Market Intelligence /marketintelligence/en/news-insights/trending/-L-B-Um8CVBchkLAAQcL8g2 content esgSubNav
In This List

Ascendant confirms 1.6-kilometer-long anomaly at Portuguese polymetallic project

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge

Video

Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond


Ascendant confirms 1.6-kilometer-long anomaly at Portuguese polymetallic project

Ascendant Resources Inc.'s drill program and an initial geophysics program at its Lagoa Salgada polymetallic VMS project in Portugal confirmed a 1.6-kilometer-long and 200- to 300-meter-wide chargeability anomaly, which includes the main massive sulfide and stockwork zones.

Meanwhile, the identification of tin mineralization within the massive sulfides increased the zinc-equivalent grade in the main zone by 15%.

The company said Jan. 14 that drill results are due by the end of the month and will significantly increase the National Instrument 43-101-compliant mineral resource estimate.

Ascendant secured an option in August 2018 to earn up to an 80% interest in TH Crestgate GmbH's Redcorp - Empreendimentos Mineiros Lda subsidiary, which holds an 85% interest in the Lagoa Salgada project.