Candente Copper Appoints Harbor Access
October 05 2021 - 8:00AM
Candente Copper Corp. (TSX: DNT, BVL: DNT) ("Candente Copper", "the
Company") 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
market and want to ensure that our evolving investment opportunity
is seen and heard by more investors,” stated Joanne Freeze,
President and CEO of Candente Copper.
The initial term of the contract is for six
months with a monthly retainer of US$7,500.
“We are excited to work with Joanne and her team
at Candente Copper, to build upon the work they have done so far
and expand their Investor Relations program,” commented Jonathan
Paterson, Managing Partner Harbor Access.
About Harbor AccessHarbor
Access is a full-service strategic Investor Relations firm with
unrivalled access to North American and European institutional
investors. Harbor Access takes a measured approach to developing or
recalibrating a client’s investment story.
About Candente CopperCandente
Copper is a mineral exploration company engaged in the acquisition,
exploration, and development of mineral properties. The Company’s
most advanced project is its 100% owned Cañariaco project, which
includes the Cañariaco Norte deposit as well as the Cañariaco Sur
deposit and Quebrada Verde prospect, located within the western
Cordillera of the Peruvian Andes in the Department of Lambayeque in
Northern Peru.
Ausenco Engineering Inc. has been engaged to
conduct an updated PEA to evaluate a new development strategy for
the Cañariaco Norte Project. The updated PEA will evaluate new
options (identified in the recently completed Desktop Study) to
reduce both the CapEx and OpEx from the analyses conducted between
2010 and 2014. The updated PEA study is estimated to be completed
before the end of Q4 2021.
Geometallurgical modelling of the deposit and
updated smelting costs have indicated that the Outotec Roaster
proposed during previous studies will not be required, and
therefore it will not be contemplated in the PEA.
Tailings storage methodologies which could
improve ESG practices will be assessed in more detail as part of
the PEA. The scope of work will include cost-effective mining,
process plant and infrastructure design concepts, as well as
managing the overall NI 43-101 PEA to drive value-adding
initiatives across the entire project, while meeting Candente
Copper’s ESG vision.
Joanne C. Freeze, P.Geo., CEO, is the Qualified
Person as defined by National Instrument 43-101 for the projects
discussed above. She has reviewed and approved the contents of this
release.
This news release may contain forward-looking
information (as such term is defined under Canadian securities
laws) including but not limited to the potential for discovery on
the Cañariaco Property and other statements that are not historical
facts including comments regarding the timing and content of
upcoming work programs, geological interpretations, potential
mineral recovery processes, the completion of a favourable PEA and
the expected results thereof and the acquisition of various
permits. While such forward-looking information is expressed by
Candente Copper in good faith and believed by Candente Copper to
have a reasonable basis, they address future events and conditions
and are therefore subject to inherent risks and uncertainties
including those set out in Candente Copper’s MD&A. Actual
results may differ materially from those currently anticipated in
such statements. Candente relies upon litigation protection for
forward-looking statements. Factors that cause the actual results
to differ materially from those in forward-looking information
include, without limitation, metal prices, results of exploration
and development activities, regulatory changes, defects in title,
availability of materials and equipment, timeliness of government
approvals, potential environmental issues, availability of capital
and financing and general economic, market or business
conditions. Candente Copper expressly disclaims any intention
or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except in accordance with applicable securities laws.
On behalf of the Board of Candente
Copper Corp.
“Joanne C. Freeze” P.Geo.President, CEO and
Director___________________________________For further information
please contact:
info@candentecopper.comwww.candentecopper.com
NR-140
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