Ascendant Resources Announces Appointment of Robert Campbell as Vice President, Exploration
December 10 2018 - 6:30AM
Ascendant Resources Inc. (TSX: ASND) (OTCQX:
ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to
announce the appointment of Robert Campbell to the position of Vice
President, Exploration.
Mr. Campbell is an exploration geologist with
over 40 years experience in mining and exploration in Canada, the
United States and Latin America. He is currently a Director of the
Company and most recently served as Vice President, Exploration for
Largo Resources Ltd., a company he was involved with since its
inception in 2003. Mr. Campbell has also worked with a number of
major mining companies, most notably Noranda and Lac Minerals, and
has held other senior management positions such as Vice President
of Exploration for Apogee Minerals Ltd.
“We are very pleased to have an established
exploration professional of Mr. Campbell’s calibre join the
management team at Ascendant. Mr. Campbell’s extensive skills and
experience in Latin America will continue to help unlock the
exploration potential of El Mochito and our entire land package in
Honduras. His considerable knowledge of VMS deposits will also
greatly assist to rapidly advance the highly prospective Lagoa
Salgada VMS project in Portugal,” commented Chris Buncic, President
and CEO of Ascendant.
About Ascendant Resources
Inc.
Ascendant is a Toronto-based mining company
focused on its 100%-owned producing El Mochito zinc, lead and
silver mine in west-central Honduras and its high-grade
polymetallic Lagoa Salgada VMS Project located in the prolific
Iberian Pyrite Belt in Portugal.
After acquiring the El Mochito mine in December
2016, Ascendant spent 2017 implementing a rigorous and successful
optimization program restoring the historic potential of El
Mochito, a mine in production since 1948, to deliver record levels
of production with profitability restored. The Company now remains
focused on cost reduction and further operational improvements to
drive robust profitability in 2018 and beyond. With a significant
land package of approximately 11,000 hectares in Honduras and an
abundance of historical data, there are several near-mine and
regional targets providing longer term exploration upside which
could lead to further Mineral Resource growth.
Ascendant holds an interest in the high-grade
polymetallic Lagoa Salgada VMS Project located in the prolific
Iberian Pyrite Belt in Portugal. The Company is engaged in
exploration of the Project with the goal of expanding the
already-substantial defined Mineral Resources and testing
additional known targets. The Company’s acquisition of its interest
in the Lagoa Salgada Project offers a low-cost entry point to a
potentially significant exploration and development opportunity.
The Company holds an additional option to increase its interest in
the Project upon completion of certain milestones.
Ascendant Resources is engaged in the ongoing
evaluation of producing and development stage mineral resource
opportunities, on an ongoing basis. The Company's common shares are
principally listed on the Toronto Stock Exchange under the symbol
"ASND". For more information on Ascendant Resources, please visit
our website at www.ascendantresources.com.
Neither the Toronto Stock Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX) accepts responsibility for the adequacy or
accuracy of this release. For further information please
contact:Katherine PrydeDirector, Communications & Investor
RelationsTel: 888-723-7413info@ascendantresources.com
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