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Ascendant Resources Inc.

11:36 AM EST - Ascendant Resources Inc. : Announced that it has mobilized a second drill rig to commence drilling at Anomaly B. Anomaly B is a large geophysical target located approximately 1km northeast of the Venda Nova North deposit at its Lagoa Salgada project on the Iberian Pyrite Belt in Portugal. The modelled conductive plate, to be targeted by the drilling, has a strike potential of approximately 1,300m in length and 600m of down dip length. The first hole will target the central zone of the modelled conductive plate to better understand the geometry and guide additional drilling. Ascendant Resources Inc. shares T.ASND are trading up $0.01 at $0.26.