Candente Copper ( DNT:TSX ) Announces New Deposit of 2.2B Pounds of Copper and 1.2M Ounces Gold

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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 toward a sale or production decision. A 2022 Preliminary  Economic Assessment (“PEA”) is nearing completion that will advance it  further toward development Now it has a sister deposit, Canariaco Sur located 2km away that could help advance developments much quicker. Canariaco Sur contains 2.2 billion pounds of copper and 1.2 million  ounces of gold in an inferred resource calculated with only 15 holes,  demonstrating a considerable amount of metal. Sur contains higher  levels of gold and molybdenum than Cañariaco Norte, minimal arsenic  levels and mineralization that starts at surface. Cañariaco Sur has the  potential to add significant value to the resources at Cañariaco Norte,  2km to the northeast. Cañariaco Norte is a 100% owned pre-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, the third party validation will, look at these partners  supporting Candente in 4 research papers comparing various global copper  projects in the last 4 years as it now moves 2 deposits toward  development: RFC Ambrian: Cañariaco Norte in top 10 of 23 projects with potential to involve third party M&A (December 2021) Haywood: Cañariaco Norte is one of 18 assets selected as likely to be considered by majors looking to acquire (December 2021) Deutsche  Bank: Cañariaco Norte identified as one of 3 projects required to meet  the upcoming copper supply-demand gap (February 2021) Goldman Sachs:  Cañariaco Norte identified with incentive copper price in the lowest  quartile of the top 84 copper projects worldwide (October 2018) Canariaco  Norte 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, and now  Canariaco has a sister deposit helping to expedite matters. Watch  this great interview with Candente CEO Joanne Freeze as walks through  Canariaco Sur and the exciting new developments aiding the development  of 2 exciting copper porphyry deposits.

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