Ascendant Resources Inc (OTCPK:ASDRF)
$ 0.0345 -0.00305 (-8.12%) Market Cap: 5.38 Mil Enterprise Value: 24.44 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 0/100

Ascendant Resources Inc at John Tumazos Very Independent Research LLC Virtual Conference Transcript

Apr 12, 2023 / 08:00PM GMT
Release Date Price: $0.1799 (+0.35%)
John Tumazos
John Tumazos Very Independent Research LLC - Principal

We're very pleased to host Mark Brennan, the Executive Vice President and Founder of Ascendant Resources, which has a copper-zinc volcanogenic massive sulfide deposit on the Iberian Peninsula in Portugal. Without further ado, Mark, tell us all about it.

Mark Brennan
Ascendant Resources Inc. - EVP & Founder

Thank you very much, John. Thank you very much, ladies and gentlemen, for joining for the presentation. Basically, we acquired the option to acquire Lagoa Salgada, the VMS deposit in 2018, and we've been working very hard to get this asset up and going on.

Like most projects on the Iberian Pyrite Belt, generally, the geoscience and geophysics leads the way in terms of the attractiveness of the areas you're within. We're in a very good location. Physically, we're 45 minutes to the southeast of port of Lisbon, direct route on a highway; infrastructure is very good. There's nothing that speaks ill of the ability to generate this project efficiently.

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