Candente Copper Corp. is very pleased to announce completion by Ausenco Engineering Canada Inc. of a positive Preliminary Economic Assessment for its 100% owned Ca?ariaco copper project in Northern Peru. Based on projected average annual metal production of 173 million pounds copper, 31,395 ounces gold , and 703,588 oz silver for 28 years and an initial capital cost estimate of $1.04 B, the Ca?ariaco Norte project has an [...]
Candente Copper Corp. is very pleased to announce that an Initial Inferred Mineral Resource has been estimated for the portion of the Ca?ariaco Sur deposit drilled to date. Additionally the mineral resource for Ca?ariaco Norte has been updated for purposes of the 2022 Preliminary Economic Assessment which is nearing completion. Commenting on the results, President and CEO Joanne C. Freeze stated, "We are very pleased to [...]
Candente Copper Corp. is pleased to announce that the 2021 Preliminary Economic Assessment that is being conducted by Ausenco Engineering Inc. on the Ca?ariaco Norte Project is advancing well and is expected to identify more opportunities to improve the project than originally expected. These additional improvements have resulted in a slight delay to the completion by Ausenco to early Q1 2022. Ausenco is leveraging [...]
Candente Copper Corp. welcomes Mr. Luis Miguel Inchaustegui Zevallos as Independent Director of the Company. A leader in corporate matters and sustainability in the extraction sector, Mr. Inchaustegui is experienced in sustainable development, communications, community relations, legal and institutional relationships. Miguel's mission is to generate value for all parties involved through a social strategy based on the [...]
Candente Copper Corp. is pleased to announce that Candente Copper and Gold Fields La Cima S.A., a subsidiary of Gold Fields Limited, have conditionally agreed to commercial terms for Gold Fields to option the Arikepay copper-gold porphyry property in Southern Per?. Terms Cash Payments totalling up to US$1,790,000 over 10 years: 1) US$100,000 on signing of Definitive Agreement; 2) US$40,000 upon receiving drilling permits [...]
Candente Copper Corp. is pleased to announce the appointment of Harbor Access LLC, a strategic Investor Relations firm with offices in the US and Canada. Harbor Access will provide Investor Relations support and investor outreach to the Company. "This latest appointment is part of our new outreach program and greater transparency of all that we are doing at Candente Copper. We are in the midst of a strong copper bull [...]
Candente Copper Corp. is pleased to announce that Yaku Consultores has completed all field work required for an updated Environmental Impact Study "EIAsd". The EIAsd is required in order to obtain drilling permits for the Ca?ariaco Project located in Northern Peru. Data will now be compiled such that the drilling permit application can be submitted in approximately 6 weeks. "The completion of this fieldwork by Yaku is [...]
Candente Copper Corp. is pleased to announce that it has commenced an exploration program at the Canyon Creek Copper Project in northwestern British Columbia , Canada. Exploration will focus on confirming and expanding previously discovered copper and molybdenum mineralization in bedrock as well as geochemical and geophysical anomalies all of which are typical of porphyry style mineralization. The Canyon Creek property [...]
Candente Copper Corp. is pleased to advise that Ausenco Engineering Inc. has been awarded the contract to conduct an updated Preliminary Economic Assessment Study to evaluate a new development strategy for the Ca?ariaco Norte Project. The updated PEA study will commence immediately and is estimated to take approximately 12 weeks to complete. Ausenco is committed to deliver an outcome that will leverage conceptual work [...]
Candente Copper Corp. is pleased to announce that the Company has completed the non-brokered private placement and raised gross proceeds of approximately Cdn $1,100,000 with two subscribers. The Financing was subscribed for equally by Nascent Exploration Pty Ltd., a wholly owned subsidiary of Fortescue Metals Group Ltd. and Lind Global Fund II, LP, an institutional investment fund managed by The Lind Partners, LLC . A [...]
Candente Copper Corp. is pleased to announce that the Company has arranged to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn $1,100,000 with two subscribers. The Financing is to be subscribed for equally by Nascent Exploration Pty Ltd., a wholly owned subsidiary of Fortescue Metals Group Ltd. and Lind Global Fund II, LP, an institutional investment fund managed by The Lind [...]
Candente Copper Corp. is pleased to advise that based on the results of the Internal Desk Top Study by Ausenco Engineering Inc., proposals are being requested from two international engineering firms to conduct an updated Preliminary Economic Assessment Study to evaluate the most attractive potential development strategy for the Ca?ariaco Norte Project. Considerations for the PEA are various initial concentrator [...]
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