Candente Copper Corp.

Published : May 11th, 2007

Reverts to 100% Ownership at Pamel Property in Peru

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | G Mexico | Gold | Mexico | Orex Ventures | Peru | Recovery | Silica | Silver |
 
  PRESS RELEASE
 
 
Candente Resource Corp.
TSX:DNTStock QuoteStock Chart
Other Recent News
May 10, 2007
 
Candente Reverts to 100% Ownership at Pamel Property in Peru
 
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 10, 2007) - Candente Resource Corp. (TSX:DNT) (Candente) reports that all results have been received from Phase I Drilling Program and Orex Ventures Inc. (TSX VENTURE:REX) (Orex) has advised Candente of their decision to withdraw from their option agreement on the Pamel gold property in Peru. Candente will now revert back to 100% ownership of the property.

The 2006 - 2007 drilling was funded entirely by Orex who had the right to earn up to 51% interest in the Pamel Property (See News Release of November 28th, 2005).

Drilling on the property commenced on October 29th, 2006 and was completed on February 22nd, 2007. A total of 2825.65 meters were drilled in 11 holes. Anomalous levels of gold were detected in 6 holes (range 100 to 521 parts per billion (ppb)). The drilling tested high resistivity and low chargeability geophysical targets which coincided with gold in geochemical anomalies. No significant zones of gold mineralization were encountered. However, an extensive (800 X 1500 meters) high sulphidation style alteration zone was defined to depths of 350 meters.

Spectral analysis of the core in a number of the holes drilled at Pamel identified silica-alunite alteration mineral assemblages similar to those seen in other economic high sulphidation systems in Peru such as at Yanacocha and Pierina. The alteration system tested at Pamel is only one of two systems identified on the property (See News Release of February 7th, 2007).

Candente is a diversified copper and gold exploration company focused on increasing shareholder value through discovery. Candente has an advanced exploration stage leachable copper project, Canariaco, and several other gold, copper and silver projects in Peru and Mexico. Candente subscribes to principles which ensure that its exploration and development activities are beneficial to the local communities.

Release 209

This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Candente relies upon litigation protection for forward-looking statements.
 
  CONTACT INFORMATION
 
Candente Resource Corp.
Neil Currie
(604) 689-1957 or Toll Free 1-877-689-1964

or

Candente Resource Corp.
Joanne Freeze
(604) 689-1957 or Toll Free 1-877-689-1964
Email: info@candente.com
Website: www.candente.com

INDUSTRY: Manufacturing and Production - Mining and Metals

Data and Statistics for these countries : Mexico | Peru | All
Gold and Silver Prices for these countries : Mexico | Peru | All

Candente Copper Corp.

DEVELOPMENT STAGE
CODE : DNT.TO
ISIN : CA13739Y3041
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Candente Copper is a copper development stage company based in Canada.

Candente Copper develops copper, gold and silver in Peru, and holds various exploration projects in Peru.

Its main asset in development is CAÑARIACO in Peru and its main exploration properties are EL TIGRE, PAMEL, LAS SORPRESAS, LUNAHUANÁ, ALTO DORADO and PICOTA in Peru.

Candente Copper is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 21.4 millions as of today (US$ 17.1 millions, € 15.0 millions).

Its stock quote reached its highest recent level on January 21, 2011 at CA$ 2.63, and its lowest recent point on April 03, 2020 at CA$ 0.02.

Candente Copper has 164 920 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Candente Copper Corp.
2007 Annual report
2006 Annual report
Financings of Candente Copper Corp.
4/7/2015Raises $750,000 in Non-Brokered Private Placement
3/23/2015Raises $500,000 in First Tranche of Non-Brokered Private Pla...
3/19/2015Names Acting CFO and Oversubscription of Financing
3/2/2015Non-Brokered Financing Announcement
2/17/2011Announces Closing of $26.9 Million Bought Deal and $3.2 Mill...
3/4/2010Increases Size of Private Placement
2/17/2010Terms and Commitments of Private Placement
2/12/2010Private Placement
7/8/2009Terms of Private Placement of Candente Gold Corp
6/26/2008Private Placements Oversubscribed and Closed
6/16/2008 Private Placements Fully Committed
6/13/2008Private Placements Amended
6/9/2008 Announces Private Placements
6/8/2007Private Placement Closed and Amerigo Acquires Position in Ca...
5/30/2007Private Placement Increased
5/15/2007Announces Private Placement
Nominations of Candente Copper Corp.
8/16/2012Appoints CFO
1/25/2011Appoints John Black to Board of Directors
7/19/2010Appoints Michael Thicke as VP Exploration
12/5/2008 Appointment of CFO
8/7/2008Announces Management Appointments
Financials of Candente Copper Corp.
11/13/2009Financial Results for Quarter Ended Setember 30, 2009 & Cana...
8/12/2009Financial Results For Quarter Ended
5/15/2009Financial Results forthe quarter ended march 31, 2009
Project news of Candente Copper Corp.
2/19/2013(Cañariaco)Intersects 113.5 metres of 0.42% Copper Equivalent(i) (CuEq)...
4/6/2011(Cañariaco)Commences Feasibility Study on the Canariaco Norte Copper Pr...
3/22/2011(Cañariaco)Plans Exploration Drilling for 2011-Drill Programs Planned f...
3/7/2011Files NI 43-101 Technical Report and Updates Key Financial R...
7/22/2010(Cañariaco)Provides an Update on the Norte Pre-Feasibility Study
6/28/2010Awards AMEC the Canariaco Norte Pre-Feasibility Study Contra...
6/22/2010(El Oro)Gold Begins Underground Drilling
3/25/2010(Cañariaco)Resumes Feasibility Studies & Exploration
6/26/2009(El Oro Mexico)Candente Gold Provides More Detail on Historic Resources on ...
2/27/2009(El Oro Mexico)Corporate Update
12/12/2008(Cañariaco)Preliminary Economic Assessment on Ca=F1ariaco Norte Copper ...
10/2/2008(Cañariaco)Discovers a Second Copper-Gold Porphyry on the Canariaco pro...
9/18/2008(Cañariaco)Gold and Silver Added to Canariaco Norte Mineral Resource Es...
5/29/2008(Cañariaco)Updates Canariaco Norte Mineral Resource Estimate
1/15/2008(Cañariaco) Initial Flotation Results for the Canariaco Norte Copper De...
10/25/2007(Cañariaco)Third Drill Mobilized to Test Southern Extension to Canariac...
10/4/2007(El Oro Mexico) and Canaco Resources Inc.: Drilling Intersects Vertical Ext...
8/29/2007(Cañariaco)Intersects 702 Metres of 0.59% Cu at Canariaco Norte, Peru
7/25/2007(Cañariaco)Copper Mineralization Extended to Depth of 767 Metres at Can...
7/11/2007High Grade Silver in Veins and Gold in Vuggy Silica Found
4/20/2007(Cañariaco)Upgraded Starter Pit Shows Robust Economics at Canariaco No...
Corporate news of Candente Copper Corp.
7/11/2016Candente Copper Announces Non-Brokered Financing
3/22/2016Zahena continues Option of Arikepay and makes USD$200,000 Pa...
9/24/2015Candente Copper Completes the Net Smelter Royalty Agreement ...
9/24/2015Candente Copper Completes the Net Smelter Royalty Agreement ...
9/16/2015Candente Gold Provides Voting Results for Annual General Mee...
9/1/2015Candente Copper announces the execution of Definitive Royalt...
9/1/2015Candente Copper Announces the Execution of Definitive Royalt...
7/20/2015Candente Copper enters Royalty Agreement on Cañariaco Projec...
7/20/2015Candente Copper Enters Royalty Agreement on Canariaco Projec...
7/3/2015Candente Copper Provides Voting Results for the Election of ...
4/14/2015Zahena to Commence Drilling at Arikepay
4/7/2015Candente Copper Raises $750,000 in Non-Brokered Private Plac...
3/23/2015Non-Brokered Financing Announcement
3/23/2015Candente Copper's Names Acting CFO and Oversubscription of F...
3/23/2015Candente Copper Raises $500,000 in First Tranche of Non-Brok...
3/19/2015Candente Copper's Names Acting CFO and Oversubscription of F...
3/2/2015Candente Copper Corp.: Non-Brokered Financing Announcement
1/20/2015Candente Copper Appoints Paul H. Barry as Independent Direct...
1/8/2015Candente Copper Provides Update
9/25/2014Candente Copper Appoints Endeavour as Financial Advisor
6/6/2014Candente Copper Provides Voting Results for the Election of ...
5/23/2014Candente Copper Completes Private Placement
5/14/2014Candente Copper Announces Increase to Private Placement
5/1/2014Candente Copper Announces Non-Brokered Private Placement
9/10/2013Cobriza Metals Corp. Receives Final Court Order For Arrangem...
9/3/2013Shareholders of Cobriza Metals Corp. Approve Plan of Arrange...
8/16/2013Reviews Results for 2013 Drilling Program at Canariaco Sur
7/16/2013to Acquire Cobriza Metals Corp.
5/17/2013Canariaco Norte Project Update
5/9/2013(Cañariaco)Drills 308m at 0.32% Copper Equivalent(i) at Cañariaco Sur
4/11/2013Drills 225m at 0.42% Copper Equivalent (CuEq)(i) at Canariac...
1/23/2013s Drilling at Canariaco
1/3/2013Commences Drilling at Canariaco
10/1/2012Provides Comment on Recent Community Activities in Peru
7/9/2012Community Announces Positive Vote for Canariaco Surface Acce...
6/22/2012Community Sets Date for Assembly to Vote on Surface Access P...
6/8/2012Provides Comment on Recent Market Activity
5/31/2012Receives Drilling Permit for Canariaco Property
5/9/2012s Status of the Canariaco Project
4/30/2012s Community Agreement Status
11/24/2011Canariaco Norte Copper Project Update
10/13/2011Shareholder Rights Plan Becomes Effective
10/6/2011and Cobriza Metals Announce Completion of Plan of Arrangemen...
9/22/2011Announces Conditional Approval for TSX Listing of Cobriza Me...
8/24/2011Announces Shareholder Approval for Spin-Out of Cobriza Metal...
6/29/2011Status Update Canariaco Norte Copper Project
6/6/2011Michael Thicke Appointed President of Cobriza Metals Corp.
5/17/2011to Form a New Copper and Base Metals Exploration Company
3/9/2010Completes $6.2 Million Financing
12/31/2009Closing Financing of $9 Million and Listing of Candente Gold...
12/17/2009Closing First Tranche of $6.8 Million and Listing of Candent...
9/10/2009Resource Corp. and Candente Gold Corp.-Update
7/30/2009Candente Gold Corp.-Toronto Stock Exchange Conditional Listi...
6/16/2009 Engagement of BMO Capital Markets for Financing and Schedul...
11/17/2008Results and Summary for the Nine Months Ended September 30, ...
8/15/2008Results and Summary for the Six Months Ended June 30, 2008
4/3/2008Results For The Fiscal Year Ended December 31, 2007
3/13/2008Corporate and Canariaco Project Update
3/12/2008Termination of U.S. Registration of Common Shares
1/22/2008Community of Canaris Votes in Favour of Canariaco and Canden...
1/16/2008Steven Dean Appointed Director and Chairman of Candente
12/13/2007 Announces the Retirement of Ing. Fredy J. Huanqui G.
8/29/2007Santa Luisa Returns Candente's El As de Zinc Property in Cen...
8/23/2007Has No Direct Exposure to Asset-Backed Commercial Paper
8/16/2007Personnel and Projects Are Safe and All Activities Operate a...
8/16/2007Results for the Period Ending June 30, 2007
5/11/2007Reverts to 100% Ownership at Pamel Property in Peru
4/2/2007Gets Attention in Chile
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (DNT.TO)
0.130+0.00%
TORONTO
CA$ 0.130
05/18 16:55 -
0%
Prev close Open
0.130 0.130
Low High
0.130 0.130
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
0.130 -  0.165 -7.14%
Volume 1 month var.
27,460 -%
24hGold TrendPower© : 9
Produces
Develops Copper - Gold - Silver
Explores for Copper - Gold - Iron - Molybdenum - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
20240.00%
2023-7.14%0.180.13
2022-22.22%0.260.12
202116.13%0.270.11
2020416.67%0.190.02
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.26%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.89-1.36%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55-0.72%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.36-3.28%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.64+2.69%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.17%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+7.89%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+6.25%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.67-0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-2.94%Trend Power :