Ascendant Resources Announces Additional High-Grade Drill Results From Its 2018 Exploration Program at El Mochito

Ascendant Resources (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) is pleased to announce results from an additional 24 diamond drill holes (4,254 metres) from its 2018 exploration and definition drilling program at its El Mochito mine in Honduras.

As quoted in the press release:

Chris Buncic, president and CEO of Ascendant, commented: “We are pleased with these results as they provide new high-grade mineralization at grades higher than current mining grades and the existing reserve and resource grades. There continues to be significant opportunity for reserve and resource conversion and growth through exploration to fulfill our long-term goal of increasing head grades to the mill and increase the value per tonne mined.”

He continued, “Despite a minor adjustment to our 2018 exploration program, management believes the work to date should be more than sufficient for continued conversion and expansion of El Mochito’s reserves and resources and we look forward to resuming exploration activities as commodity market pricing improves.”

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