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AGORACOM Small Cap 60: Candente Copper $ Has A Goldman Sachs Ranking And One Of The World’s Largest Iron Ore Producers Behind It $ $ $ $FSUGY $

Posted by AGORACOM at 3:32 PM on Friday, December 18th, 2020

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 

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