Brief: Ascendant Resources Reports Third-Quarter Production Results

Ascendant Resources

17/10/2019 11:42

Oct 17 (Reuters) - Ascendant Resources Inc  ASND.TO :
    * ASCENDANT RESOURCES ACHIEVES ITS 11TH CONSECUTIVE QUARTER
OF
METAL PRODUCTION GROWTH IN Q3 2019 AT ITS EL MOCHITO MINE IN
HONDURAS
    * ASCENDANT RESOURCES INC - Q3 CONTAINED METAL PRODUCTION UP
21%
TO 28.8 MILLION ZNEQ LBS VERSUS Q3 2018
    * ASCENDANT RESOURCES - "WITH STRONG METAL PRODUCTION
EXPECTED TO
CONTINUE INTO Q4, WE ARE ON TRACK TO EXPECT LOWERING UNIT COSTS
IN SECOND HALF OF YEAR"
    * ASCENDANT RESOURCES INC - ZINC PROCESSING RECOVERIES OF
84.3% IN
Q3 2019 WERE 4% LOWER THAN Q3 2018
    * ASCENDANT RESOURCES INC - QTRLY SILVER RECOVERIES WERE
82.7%, AN
INCREASE OF 6% FROM Q3 2018
    * ASCENDANT RESOURCES - EXTRACTION OF VARIOUS, SMALL
HIGH-GRADE
PILLARS IN UPPER OLD PART OF MINE EXPECTED TO CONTINUE FOR REST
OF YEAR & INTO 2020
    * ASCENDANT RESOURCES INC - Q3 2019  MILLED THROUGHPUT UP 4%
TO
200K TONNES VERSUS Q3 2018

Source text for Eikon:  ID:nGNX9dC2P2 
Further company coverage:  ASND.TO 

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