- Four new high priority targets identified near existing deposits
- Highest priority target located below and west of current high-grade North Deposit
- Second priority target sits above known copper corridor in South Deposit
- Potential to materially and rapidly expand known mineralization at Venda Nova and enhance value of the results of the recent Feasibility Study
- New results validate use of technology for additional exploration target generation.
- Portuguese agency EDM granted extension of its option to September 30, 2024
Mark Brennan, Executive Chairman of Ascendant stated, “The results of this most recent high-resolution gravity survey combined with reinterpreted previous IP data have identified two strong drill ready targets that have the potential to add material tonnage and value to the existing mineralization at Venda Nova and potentially enhance the overall economics relative to the recently completed feasibility study. The presence…
