Candente Copper (DNT:TSX) is currently focused on its 100% owned Cañariaco project, which includes the feasibility stage Cañariaco Norte deposit, a large, economic, copper deposit in Peru waiting to be mined.
Highlights are as follows.
- 100% owned feasibility-stage porphyry copper deposit; a single, contiguous, open-pit mineable deposit of:
- 7.5B pounds Measured and Indicated and can be mined for 22 years once in production.
- Once in production Canariaco is in the lowest quartile of production costs for projects waiting to be developed.
- Operating costs of US$0.988 per pound of copper
- Capable of generating annual production of 262,000,000lbs of copper, 39,000 oz gold & 911,000 oz silver over initial mine life of 22 yrs(@ 95,000 tpd).
Hub On AGORACOM / Corporate Profile
Tags: #Canariaco, #copper, #Fortesque, #Freeport, #Gold, #GoldmanSachs, #mining, stocks, tsx