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VIDEO: Candente Copper $DNT.ca Executing The Strategy To Develop The 7.5B Pound Canariaco Deposit $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM at 4:18 PM on Thursday, July 29th, 2021
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TSX listed Candente Copper owns Canariaco Norte, a large, economic copper deposit in Peru that continues to advance technically and economically.

Cañariaco is a 100% owned feasibility-stage porphyry copper deposit containing 7.5B pounds Measured and Indicated and can be mined for 22 years once in production. Oh, and Canariaco Norte is in the lowest quartile of production costs for projects waiting to be developed at around 0.98c per pound of copper. If that doesn’t have your attention, Goldman Sachs has it ranked as one of the top 80 projects waiting to be developed worldwide.

This is a deposit itching to become a mine and Candente continues to advance the project forward with studies evaluating various methodologies to reduce CAPEX with multiple scenarios that support developing Canariaco closer to a production scenario.

With the price of copper firmly above $4 dollars, the economics supporting Canariaco going into production only gets stronger.

Watch this great interview with Candente CEO Joanne Freeze as she explains how Candente can accelerate the development of Canariaco through the various studies that support a production scenario.