ASCENDANT RESOURCES ANNOUNCES POST-TAX NPV8 OF US$147 MILLION AND 39% IRR FROM INITIAL FEASIBILITY STUDY AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

TSX: ASND www.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023…

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