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Previous to becoming a member of Ascendant, Mr. Swemmer held the place of Vice President of Undertaking Supply for Treasury Metals, a mining firm the place he managed the Examine and Commerce-Offs to maximise NPV and meet the technical necessities of the Environmental and Allow course of. Beforehand, as Vice President of Undertaking Supply, North America for Ausenco, an EPC/M firm centered on the metals and mining business, he managed groups accountable for the EPC Awards of the Magino Gold Mine, Las Chispas Mine and the Blackwater Gold Mine. Whereas at Ausenco, Mr. Swemmer was additionally accountable for reviewing all Pre-Feasibility Research (PFS) and Feasibility Research (FS) execution methods and layouts resembling Marathon Gold Mine and Springpole Gold Undertaking.
As well as, as Ascendant is now properly superior in completion of the Feasibility Examine and shifting in direction of undertaking growth selections, the Technical Companies Group has grown to accommodate the longer term calls for of undertaking building and commissioning. As such, the Firm is happy to introduced it has employed Mr. Erich Meintjes as Director of Engineering to assist the continuing engineering necessities at Venda Nova.
Mr. Meintjes has over 27 years of expertise within the mining business and joins from DRA World, the place as Senior Vice President of Engineering he labored on quite a few massive scale initiatives centered on mining infrastructure and mineral beneficiation throughout numerous commodities. Mr. Meintjes’ particular experience lies in undertaking execution, schedule planning, engineering design, procurement, expediting, building, commissioning and handover of mining and processing vegetation.
Mr. Joao Barros, President of Ascendant Assets said, ” We’re happy to nominate Clinton as Chief Technical Officer for Ascendant in recognition of the continuing contribution Clinton has had in growing, supporting and delivering the continuing feasibility examine for the Venda Nova deposit. We congratulate Clinton on his expanded position and welcome Erich to the group because the technical providers group continues in preparation of our rising wants forward of undertaking building”.
About Ascendant Assets Inc.
Ascendant Assets is a Toronto-based mining firm centered on the exploration and growth of the extremely potential Lagoa Salgada VMS undertaking positioned on the prolific Iberian Pyrite Belt in Portugal. Via centered exploration and aggressive growth plans, the Firm goals to unlock the inherent potential of the undertaking, maximizing worth creation for shareholders.
The Venda Nova deposit at Lagoa Salgada comprises over 10.33 million tonnes of Measured and Indicated Assets @ 9.06% ZnEq and a couple of.50 million tonnes of Inferred Assets @ 5.93% ZnEq within the North Zone; and 4.42 million tonnes of Indicated Assets @ 1.50% CuEq and 10.83 million tonnes of Inferred assets @ 1.35% CuEq within the South Zone. The deposit demonstrates typical mineralization traits of Iberian Pyrite Belt VMS deposits containing zinc, copper, lead, tin, silver and gold. Intensive exploration upside potential lies each close to deposit and at potential step-out targets throughout the massive 7,209ha property concession. The undertaking additionally demonstrates compelling economics with scalability for future useful resource progress within the outcomes of the Preliminary Financial Evaluation. Situated simply 80km from Lisbon, Lagoa Salgada is well accessible by street and surrounded by distinctive Infrastructure. Ascendant holds a 50% curiosity within the Lagoa Salgada undertaking by way of its place in Redcorp – Empreendimentos Mineiros, Lda, (“Redcorp”) and has an earn-in alternative to extend its curiosity within the undertaking to 80%. The Firm’s curiosity within the Lagoa Salgada undertaking presents a low-cost entry to a probably important exploration and growth alternative, already demonstrating its mineable scale.
The Firm’s widespread shares are principally listed on the Toronto Inventory Trade below the image “ASND”. For extra data on Ascendant, please go to our web site at.
Extra data referring to the Firm, together with the Preliminary Financial Evaluation referenced on this information launch, is on the market on SEDAR at www.sedar.com .
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Ahead Wanting Info
This press launch comprises statements that represent “forward-looking data” (collectively, “forward-looking statements”) throughout the which means of the relevant Canadian securities laws. All statements, aside from statements of historic truth, are forward-looking statements and are primarily based on expectations, estimates and projections as on the date of this information launch. Any assertion that discusses predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (usually however not at all times utilizing phrases resembling “expects”, or “doesn’t anticipate”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “price range”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “may”, “would”, “would possibly” or “will” be taken to happen or be achieved) are usually not statements of historic truth and could also be forward-looking statements.
Ahead-looking statements contained on this press launch embody, with out limitation, statements relating to the enterprise, the Undertaking, and the exploration potential of Anomaly B,D or some other targets on the property. In making the forward-looking statements contained on this press launch, Ascendant has made sure assumptions, together with, however not restricted to the Firm’s capacity to execute future drill applications and add to present assets. Though Ascendant believes that the expectations mirrored in forward-looking statements are cheap, it can provide no assurance that the expectations of any forward-looking statements will show to be appropriate. Identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embody, however are usually not restricted to common enterprise, financial, aggressive, political and social uncertainties. Accordingly, readers shouldn’t place undue reliance on the forward-looking statements and knowledge contained on this press launch. Besides as required by regulation, Ascendant disclaims any intention and assumes no obligation to replace or revise any forward-looking statements to replicate precise outcomes, whether or not on account of new data, future occasions, adjustments in assumptions, adjustments in components affecting such forward-looking statements or in any other case.
Ahead-looking data is topic to a wide range of dangers and uncertainties, which may trigger precise occasions or outcomes to vary from these mirrored within the forward-looking data, together with, with out limitation, the dangers described below the heading “Dangers Components” within the Firm’s Annual Info Kind dated March 24, 2022 and below the heading “Dangers and Uncertainties” within the Firm’s Administration’s Dialogue and Evaluation for the years ended December 31, 2021 and 2020 and different dangers recognized within the Firm’s filings with Canadian securities regulators, which filings can be found on SEDAR at www.sedar.com . The chance components referred to above are usually not an exhaustive checklist of the components which will have an effect on any of the Firm’s forward-looking data. The Firm’s statements containing forward-looking data are primarily based on the beliefs, expectations and opinions of administration on the date the statements are made, and the Firm doesn’t assume any obligation to replace such forward-looking data if circumstances or administration’s beliefs, expectations or opinions ought to change, aside from as required by relevant regulation. For the explanations set forth above, one shouldn’t place undue reliance on forward-looking data.
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