Ascendant Resources Inc.

10:31 AM EST - Ascendant Resources Inc. : Announced the results of an updated National Instrument 43-101 Mineral Resource Estimate at the Lagoa Salgada polymetallic Volcanogenic Massive Sulphide Project located on the Iberian Pyrite Belt in Portugal. The new Mineral Resource Estimate demonstrates material growth in both the North Zone (Main Massive Sulphide) and the South Zone (Stockwork) deposits following a modest 7,077-metre drill program consisting of 20 drill holes. Both zones sit on an estimated geological strike length of 1.6km and have now been delineated by less than a total of 50 holes. Ascendant Resources Inc. shares T.ASND are trading unchanged at $0.45.