Ascendant Resources Launches Drill Program at Lagoa Salgada Project

Ascendant Resources Inc. has announced the start of an exploration drill program at its Lagoa Salgada VMS Project in Portugal. This program aims to test geological targets based on reinterpreted geophysical and gravity survey data. Focused drilling efforts are centered around the existing North and South Zone deposits of Venda Nova, with an expected completion by year-end.

In the North Zone, the initial drill targets additional Massive Sulphide lenses to expand known mineralization. This follows an anomaly detected earlier in 2024. The South Zone targets aim to increase resource potential by assessing a gravity anomaly on the zone's western flank.

The scientific data has been reviewed by Sergio Gelcich, ensuring quality adherence as per National Instrument 43-101 guidelines. This exploration could further define and expand the resource base at Lagoa Salgada, highlighting the potential for high-grade polymetallic mineralization.