Candente Copper Owns a Billion Dollar Plus Deposit As Copper Reaches All Time High

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. Now an updated Pre Feasibility Study has been released that strongly advances Candente toward one of those possibilities. Cañariaco  Norte is a 100% owned feasibility-stage porphyry copper deposit; a  single, contiguous, open-pit mineable deposit that now contains 14  billion pounds of copper; 4 million ounces gold ozs and 90 million  ounces of silver.  Not only that, it also has a sister deposit, Canariaco Sur, located 2km  away that could help advance developments much quicker with 2.2 billion  pounds of copper and 1.2 million ounces gold within an inferred resource  calculated with only 15 holes. Collectively these 2 deposits demonstrate a staggering amount of metal. Canariaco  Norte is in the lowest quartile of production costs for projects  waiting to be developed at around $1.28c per pound of copper and a mine  life of 28 years. 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: top 10 of 23 projects with potential to involve third party M&A (DEC 21); Haywood: 1 of 18 assets selected as likely to be considered by majors looking to acquire (DEC 21); Deutsche Bank: 1 of 3 projects required to meet the upcoming copper supply-demand gap FEB 21 Goldman Sachs: 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  moving Canariaco closer to a production scenario. With  the price of copper touching an all time high, the economics supporting  Canariaco going into production only gets stronger with a Net Present  Value of US$1.01B @ $3.50 Copper with CapEx of $1.04B. Copper is currently above $4.80, vastly increasing the value of Canariaco and Candente as a whole Watch  this great interview with Candente CEO Joanne Freeze as walks through  the recently announced PEA supporting the continued evolution of  Candente and its world class Copper Deposits.