Ascendant Resources, Inc. engages in the evaluation of producing, advanced development stage, and other mineral resource opportunities. It focuses on the exploration and development of volcanogenic massive sulphide Lagoa Salgada Project. The company was founded by Mark Peter Brennan, Clifford David Hale-Sanders, Thomas J. Loch, Chris Buncic, and Stephen M. Shefsky on August 17, 2006 and is headquartered in Toronto, Canada.