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Ascendant Resources Inc.

Company Detail

Description

The Canadian firm based in Toronto Ascendant Resources Inc., created in 2016, acquired and operates since then the mine El Mochito, located in a 11,000ha area at the northwest of, 220km far from Tegucigalpa. Ascendant Resources develops underground operations, and produces and explores zinc, silver and lead. By October 2017, the company reported a production of 5,488t of zinc, 1,894t of lead, and a reduction from 184,496oz to 168,181oz of silver due to lower grades and recoveries.

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