Mining Magazine September 2017 | Page 20

ZINC MINING

“ It ’ s critical for us that everybody who comes to work here goes home , so

that ’ s a challenge we ’ re ready to meet as we accelerate operations ”

– Chris Buncic , President and CEO me with strategy ,” maintains Buncic . “ I can evaluate potential M & A ( mergers and acquisitions ) transactions and the breadth of what I ’ ve done managing cross-functional teams , throughout the reinventions of my career , gives me a good mix of experience which supports my ability to run this company .”
With Buncic at the helm , the company ’ s plans for El Mochito are just the start . “ Ascendant Resources is a resource company focused on the acquisition of mining assets we think we can extract value from but are priced and financed in a way that we know are accretive to shareholders on a risk-adjusted basis ,” he explains .
“ We go out there to find deals we think we can add a lot of value to and get priced appropriately , or inexpensively . With the El Mochito acquisition , we ’ re executing on that strategy . Our first task is to get the operation back to positive with regards cashflow , and that ’ s on a sustainable basis . Then we can widen our focus to consider other acquisitions in Central America .”
Buncic concedes the biggest challenge ahead is to increase the mine ’ s throughput while furthering
20 September 2017