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Ascendant Resources Releases Q1 2019 Production Results

Olivia Da Silva
Apr. 15, 2019 12:54PM PST
Base Metals Investing

Ascendant Resources has released its Q1 2019 production results, which the company says have positioned it for a strong year ahead.

Ascendant Resources (TSX:ASND,OTCQX:ASDRF) has released its Q1 2019 production results, which the company says have positioned it for a strong year ahead.

Highlights from the press release are as follows:

  • Contained metal production of 23.4 million zinc equivalent pounds, up 9 percent from Q1 2018

  • Grade of 6.7 percent zinc equivalent, up 10 percent from Q1 2018

  • Milled throughput of 192,922 tonnes up 3 percent over Q1 2018 with new access ramp to Esperanza commissioned

  • Completion of Esperanza drift provides significant exploration opportunity

Chris Buncic, President and CEO, commented:

“We have had a great start to 2019 at El Mochito in terms of production and grade as the mine delivered higher than planned results. With the benefits of shorter haul distances to Esperanza and higher grades being mined, we are on a solid path to deliver our strongest performance since our acquisition of the mine.”

Click here to read the full press release from Ascendant Resources.

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