April 18 (Reuters) - Ascendant Resources Inc ASND.V
* Ascendant Resources provides Q1 2017 progress report on El Mochito optimization and announces 2017 production guidance
* Ascendant Resources Inc - planned capital expenditures in 2017 of US$16 million is anticipated, to be used in recapitalizing and redeveloping of asset Source text for Eikon: Further company coverage: ASND.V