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Ascendant Resources Inc.

09:52 AM EST - Ascendant Resources Inc. : Announced the beginning of its phase 2 metallurgical test work on both the massive sulphide and stockwork ores at its Lagoa Salgada project in Portugal, following very encouraging results obtained in the first stage of metallurgical test work.The current Phase 2 metallurgical testing is planned to follow up on previous test work completed in the North and South zones as well as investigate new ore where additional Mineral Resources have been added from drilling subsequent to Phase 1 testing. The objective of the Phase 2 program will be to further enhance the understanding of the ore characteristics of the various types of ore bodies delineated in the various zones at Lagoa Salgada and demonstrate specifications and recoveries consistent with average specifications and recoveries being achieved today on the Iberian Pyrite belt. Ascendant Resources Inc. shares T.ASND are trading unchanged at $0.22.