Ascendant Resources Almost Triples Contained Zinc in Mineral Reserves at El Mochito Extending Life of Mine Beyond 7 Years

Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) is very pleased to report the results of an updated Mineral Resource & Reserve Estimate for its El Mochito mine in Honduras prepared in accordance with National Instrument 43-101 and the CIM Standards.

As quoted in the press release:

Chris Buncic, President and CEO of Ascendant commented: “We are very excited to be able to announce such a significant Mineral Reserve and Resource Estimate for the El Mochito mine. As we anticipated, our 2017 exploration success has demonstrated the potential upside and longevity of the mine and is a testament to the quality of the asset, reaffirming the mine’s long history of upgrading and defining new Mineral Resources through focused exploration. Based on current mining rates, a mine life beyond 7 years is indicated, and given the mine’s 70-year history, we would anticipate operating El Mochito long into the future.”

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