Ascendant Resources Inc. is a Canada-based mining company, which is focused on the exploration and development of the prospective Lagoa Salgada volcanogenic massive sulphide (VMS) project. The Company's Lagoa Salgada Project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers (km) southeast of Lisbon. The Lagoa Salgada Project comprises of a single exploration permit covering an area of approximately 10,700 hectares. The Lagoa Salgada Project also represents an early-stage, polymetallic zinc-lead-copper exploration opportunity in a low risk, established and prolific jurisdiction. The Venda Nova deposit at Lagoa Salgada contains approximately 14.4 million tons of measured and indicated (M&I) resources and approximately 13.3 million tons in inferred resources. The Company is also engaged in the evaluation of producing and development stage mineral resource opportunities.
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Ascendant Resources Inc does not pay a dividend.
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