Ascendant Resources Inc. announced transformational results from its 20-hole drill program totaling 6,950 metres and an initial geophysics program at the Lagoa Salgada polymetallic VMS Project located on the Iberian Pyrite Belt (“IPB”) in Portugal; the IPB is home to some of the volcanogenic massive sulphide mines. Drill Hole Details: Assay results for 11 holes in the Main Massive Sulphide Zone and 5 holes in the Stockwork Zone. One hole from the Main Massive Sulphide Zone and 3 holes for the Stockwork Zone are still pending. Drill holes in this program were collared in an area targeting the eastern expansion of the known main volcanogenic massive sulphide mineralization contained within the current Mineral Resource Estimate as defined in the National Instrument 43-101 report dated January 5, 2018 and targeting expansion of the Stockwork Zone. The drill holes were drilled at an angle of 60 degrees to provide additional information of the true thickness and orientation of the ore zone. Significant thickness of gossan and massive sulphide mineralization were intersected in holes LS_MS_07, LS_MS_16 through LS_MS_20. In several of the holes, including LS_MS_07, LS_MS_16, LS_MS_18 and LS_MS_19, a second massive sulphide horizon was intersected on the west side of a major fault identifying a possible new lens.