Ascendant Resources Inc.

11:46 AM EST - Ascendant Resources Inc. : Released third-quarter 2019 production results highlighted by record head grade, contained metal production and throughput since assuming ownership of the El Mochito mine in Honduras in December 2016. These results demonstrate a significant improvement in contained metal production and grade as compared to the second quarter as a result of the Company’s investment in development towards high-grade mineralization in the first half of the year. Contained metal production for the third quarter was 28.8 million pounds of zinc equivalent metal, comprised of 16.4 million pounds of zinc, 7.5 million pounds of lead and 366 thousand ounces of silver. Total contained metal production increased by 21% over Q3 2018 (23.9 Mlbs ZnEq) and 17% over Q2 2019 (24.6 Mlbs ZnEq), due to higher zinc and lead production and a substantial increase in silver grades. Milled production of 199,944 tonnes demonstrated an improvement over Q3 2018 of 4.3% (191,738 tonnes) and Q2 2019 of 2.2% (195,706 tonnes). Ascendant Resources Inc. shares T.ASND are trading unchanged at $0.30.