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Candente Copper Corp.

Publié le 22 juin 2010

Gold Begins Underground Drilling

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Vancouver, British Columbia, June 22nd, 2010. Candente Gold Corp.
(TSX:CDG) ("Candente Gold") is pleased to announce that the San Juan
tunnel rehabilitation is complete and drilling has commenced from
within the underground workings of the San Rafael vein on the El Oro
Gold Project, Mexico.  A series of holes are currently underway to test
the first targets in a potential remnant resource, and projected depth
extensions to known high-grade gold-silver zones.

Recent review and modelling of extensive historical production records,
underground samples, and drill intersections indicate that the first
100m below the San Rafael mine workings, including these projected
extensions to known high-grade zones, have the potential for 3-4
million tonnes averaging 10-12 g/t gold and 120-160 g/t silver, which
would contain well in excess of one million ounces of gold.*

The San Rafael vein produced over 4 million ounces of gold and 44
million ounces of silver from 11.9 million tonnes of ore mined between
1896 and 1927, over an average of only 200 metres vertically.  Mine
grades averaged 10 to 12 g/t gold and 120 to 160 g/t silver and reached
bonanza grades as high as 50 g/t gold and 600 g/t silver in the lowest
mine levels.

Candente Gold believes that the San Rafael vein system is analogous to
other epithermal vein systems mined in Mexico such as the Fresnillo,
Guanajuato, and Pinos Altos mines where gold and silver occurs over 600
to 1200 metres vertically.

Figure 1 - Exploration Potential of the San Rafael Vein (175kb pdf):
http://www.candentegold.com/i/pdf/Exploration_Potential_of_the_San_Raf
ael_Vein.pdf

In addition to the San Rafael vein, Candente Gold has the rights to 20
veins with past production and more than 50 veins in total discovered
to date within the El Oro gold district.  Modern understanding of
epithermal vein systems strongly indicates that many of these veins
hold significant discovery potential.

Initial drilling will be carried out from drill stations located in the
footwall only 10 metres from the San Rafael vein.  Once this initial
drilling is complete, further underground work will take place to
develop drill stations in the hanging wall of the vein.  The 500 metres
of rehabilitation work from the portal of the San Juan tunnel to the
first drill station in the San Rafael vein footwall was minimal as
underground conditions have proven to be excellent.

A total of 9,000 metres are budgeted for underground drilling in 2010,
with results from this initial drilling expected early in Q3 2010.

* The potential quantity and grade are conceptual in nature, as there
has been insufficient exploration to define a mineral resource, and it
is unknown if further exploration will result in the target being
delineated as a mineral resource. Ref. NI-43-101 Section 2.3 (2).

Surface Exploration Continues

Drilling continues from surface on the Andrea vein.  Two holes have now
been completed, testing the vein to depths of 200 metres and 350
metres.  Several zones of alteration and mineralization have been
intersected that are typical of high levels of low sulphidation
epithermal vein systems.  The third hole, now underway, is targeted to
intersect the Andrea vein where it crosscuts the deeper sedimentary
package of host rocks at an anticipated depth of 400m vertically below
surface.

The veins of the El Oro gold district typically carry their highest
gold and silver grades when they are hosted in these sedimentary
packages.  A total of 6,000 metres are budgeted for surface drilling in
2010.

Michael Minnes Appointed Country Manager, Mexico

Candente Gold is also pleased to announce the appointment of Mr.
Michael Minnes as Country Manager for Mexico.  Mr. Minnes holds an MBA
from the Richard Ivey School of Business and brings over 15 years of
Latin American management experience to Candente Gold.

Mr. Minnes supervised the development and execution of communications
and corporate social responsibility portfolios, marketing strategies,
and government affairs for Sherritt International, a diversified
natural resource company, during a period of significant expansion
which saw their capital assets grow 130% to US$6.4 billion.  Prior to
working with Sherritt, Mr. Minnes held the position of Manager of
Corporate Communications with Barrick Gold Corporation.

About Candente Gold

Candente Gold's flagship asset is El Oro, a district scale gold project
encompassing one of the largest and most prolific high grade gold
dominant epithermal vein systems in Mexico.  The El Oro district
includes over 50 known veins, but the bulk of the historic district
production of 6.4 million ounces of gold and 74 million ounces of
silver were produced from an average of only 200 metres vertically in
just two of these veins.

Candente Gold also holds an extensive portfolio of 100% owned, early to
mid stage, high and low sulphidation epithermal gold projects in Peru.
Many of these projects have significant exploration completed and
targets ready to be drill tested.

Candente Gold will begin a thorough, modern, systematic program of
exploration of the known and potential additional veins in the El Oro
gold project, and their Peruvian gold and silver projects in 2010.
_____

Joanne C. Freeze, P.Geo., President and CEO and Mark M. Pryor,
Pr.Sci.Nat., are the Qualified Persons as defined by National
Instrument 43-101 for the projects discussed above and they have
reviewed and approved the contents of this release.

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.

CAUTIONARY NOTE TO U.S. INVESTORS

We advise U.S. investors that this news release uses terms that are not
recognized by the United States Securities and Exchange Commission
("SEC"), including "mineral resources", "measured resources",
"indicated resources" and "inferred resources". The estimation of
measured and indicated resources involves greater uncertainty as to
their existence and economic feasibility than the estimation of proven
and probable reserves. U.S. investors are cautioned not to assume that
mineral resources in these categories will be converted to reserves.
The estimation of inferred resources involves far greater uncertainty
as to their existence and economic viability than the estimation of
other categories of resources. U.S. investors are cautioned not to
assume that estimates of inferred mineral resources exist, are
economically mineable, or will be upgraded into measured or indicated
mineral resources. U.S. investors are cautioned not to assume that
mineral resources in any of these categories will be converted into
reserves.


On behalf of the Board of Candente Gold Corp.
"Joanne Freeze" P.Geo.
President & CEO


_____________________________________

 For further information please contact:
 
John Foulkes
VP Corporate Development
mobile: +1 (604) 614-2999
local: + 1 (604) 689-1957 ext 2
toll free: 1 (877) 689-1964 ext 2
info@candentegold.com

or:

Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3
toll free: 1 (877) 689-1964 ext 3
info@candentegold.com


www.candente.com

NR 006

Our intent is to educate, not irritate - if you do not wish to receive email updates on Candente Gold, please click on the link below and you will be deleted from our system immediately and permanently http://www.candentegold.com/s/Unsubscribe.asp?.com
.

Candente Copper Corp.

EN DÉVELOPPEMENT
CODE : DNT.TO
ISIN : CA13739Y3041
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Candente Copper est une société développant des projet miniers de cuivre basée au Canada.

Candente Copper est en développement de projets de cuivre, d'argent et d'or au Perou, et détient divers projets d'exploration au Perou.

Son principal projet en développement est CAÑARIACO au Perou et ses principaux projets en exploration sont EL TIGRE, LAS SORPRESAS, LUNAHUANÁ, PAMEL, PICOTA et ALTO DORADO au Perou.

Candente Copper est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 21,4 millions CA$ (17,1 millions US$, 15,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 janvier 2011 à 2,63 CA$, et son plus bas niveau récent le 03 avril 2020 à 0,02 CA$.

Candente Copper possède 164 920 000 actions en circulation.

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Rapports annuels de Candente Copper Corp.
2007 Annual report
2006 Annual report
Financements de Candente Copper Corp.
07/04/2015Raises $750,000 in Non-Brokered Private Placement
23/03/2015Raises $500,000 in First Tranche of Non-Brokered Private Pla...
19/03/2015Names Acting CFO and Oversubscription of Financing
02/03/2015Non-Brokered Financing Announcement
17/02/2011Announces Closing of $26.9 Million Bought Deal and $3.2 Mill...
04/03/2010Increases Size of Private Placement
17/02/2010Terms and Commitments of Private Placement
12/02/2010Private Placement
08/07/2009Terms of Private Placement of Candente Gold Corp
26/06/2008Private Placements Oversubscribed and Closed
16/06/2008 Private Placements Fully Committed
13/06/2008Private Placements Amended
09/06/2008 Announces Private Placements
08/06/2007Private Placement Closed and Amerigo Acquires Position in Ca...
30/05/2007Private Placement Increased
15/05/2007Announces Private Placement
Nominations de Candente Copper Corp.
16/08/2012Appoints CFO
25/01/2011Appoints John Black to Board of Directors
19/07/2010Appoints Michael Thicke as VP Exploration
05/12/2008 Appointment of CFO
07/08/2008Announces Management Appointments
Rapports Financiers de Candente Copper Corp.
13/11/2009Financial Results for Quarter Ended Setember 30, 2009 & Cana...
12/08/2009Financial Results For Quarter Ended
15/05/2009Financial Results forthe quarter ended march 31, 2009
Projets de Candente Copper Corp.
19/02/2013(Cañariaco)Intersects 113.5 metres of 0.42% Copper Equivalent(i) (CuEq)...
06/04/2011(Cañariaco)Commences Feasibility Study on the Canariaco Norte Copper Pr...
22/03/2011(Cañariaco)Plans Exploration Drilling for 2011-Drill Programs Planned f...
07/03/2011Files NI 43-101 Technical Report and Updates Key Financial R...
22/07/2010(Cañariaco)Provides an Update on the Norte Pre-Feasibility Study
28/06/2010Awards AMEC the Canariaco Norte Pre-Feasibility Study Contra...
22/06/2010(El Oro)Gold Begins Underground Drilling
25/03/2010(Cañariaco)Resumes Feasibility Studies & Exploration
26/06/2009(El Oro Mexico)Candente Gold Provides More Detail on Historic Resources on ...
27/02/2009(El Oro Mexico)Corporate Update
12/12/2008(Cañariaco)Preliminary Economic Assessment on Ca=F1ariaco Norte Copper ...
02/10/2008(Cañariaco)Discovers a Second Copper-Gold Porphyry on the Canariaco pro...
18/09/2008(Cañariaco)Gold and Silver Added to Canariaco Norte Mineral Resource Es...
29/05/2008(Cañariaco)Updates Canariaco Norte Mineral Resource Estimate
15/01/2008(Cañariaco) Initial Flotation Results for the Canariaco Norte Copper De...
25/10/2007(Cañariaco)Third Drill Mobilized to Test Southern Extension to Canariac...
04/10/2007(El Oro Mexico) and Canaco Resources Inc.: Drilling Intersects Vertical Ext...
29/08/2007(Cañariaco)Intersects 702 Metres of 0.59% Cu at Canariaco Norte, Peru
25/07/2007(Cañariaco)Copper Mineralization Extended to Depth of 767 Metres at Can...
11/07/2007High Grade Silver in Veins and Gold in Vuggy Silica Found
20/04/2007(Cañariaco)Upgraded Starter Pit Shows Robust Economics at Canariaco No...
Communiqués de Presse de Candente Copper Corp.
11/07/2016Candente Copper Announces Non-Brokered Financing
22/03/2016Zahena continues Option of Arikepay and makes USD$200,000 Pa...
24/09/2015Candente Copper Completes the Net Smelter Royalty Agreement ...
24/09/2015Candente Copper Completes the Net Smelter Royalty Agreement ...
16/09/2015Candente Gold Provides Voting Results for Annual General Mee...
01/09/2015Candente Copper announces the execution of Definitive Royalt...
01/09/2015Candente Copper Announces the Execution of Definitive Royalt...
20/07/2015Candente Copper enters Royalty Agreement on Cañariaco Projec...
20/07/2015Candente Copper Enters Royalty Agreement on Canariaco Projec...
03/07/2015Candente Copper Provides Voting Results for the Election of ...
14/04/2015Zahena to Commence Drilling at Arikepay
07/04/2015Candente Copper Raises $750,000 in Non-Brokered Private Plac...
23/03/2015Non-Brokered Financing Announcement
23/03/2015Candente Copper's Names Acting CFO and Oversubscription of F...
23/03/2015Candente Copper Raises $500,000 in First Tranche of Non-Brok...
19/03/2015Candente Copper's Names Acting CFO and Oversubscription of F...
02/03/2015Candente Copper Corp.: Non-Brokered Financing Announcement
20/01/2015Candente Copper Appoints Paul H. Barry as Independent Direct...
08/01/2015Candente Copper Provides Update
25/09/2014Candente Copper Appoints Endeavour as Financial Advisor
06/06/2014Candente Copper Provides Voting Results for the Election of ...
23/05/2014Candente Copper Completes Private Placement
14/05/2014Candente Copper Announces Increase to Private Placement
01/05/2014Candente Copper Announces Non-Brokered Private Placement
10/09/2013Cobriza Metals Corp. Receives Final Court Order For Arrangem...
03/09/2013Shareholders of Cobriza Metals Corp. Approve Plan of Arrange...
16/08/2013Reviews Results for 2013 Drilling Program at Canariaco Sur
16/07/2013to Acquire Cobriza Metals Corp.
17/05/2013Canariaco Norte Project Update
09/05/2013(Cañariaco)Drills 308m at 0.32% Copper Equivalent(i) at Cañariaco Sur
11/04/2013Drills 225m at 0.42% Copper Equivalent (CuEq)(i) at Canariac...
23/01/2013s Drilling at Canariaco
03/01/2013Commences Drilling at Canariaco
01/10/2012Provides Comment on Recent Community Activities in Peru
09/07/2012Community Announces Positive Vote for Canariaco Surface Acce...
22/06/2012Community Sets Date for Assembly to Vote on Surface Access P...
08/06/2012Provides Comment on Recent Market Activity
31/05/2012Receives Drilling Permit for Canariaco Property
09/05/2012s Status of the Canariaco Project
30/04/2012s Community Agreement Status
24/11/2011Canariaco Norte Copper Project Update
13/10/2011Shareholder Rights Plan Becomes Effective
06/10/2011and Cobriza Metals Announce Completion of Plan of Arrangemen...
22/09/2011Announces Conditional Approval for TSX Listing of Cobriza Me...
24/08/2011Announces Shareholder Approval for Spin-Out of Cobriza Metal...
29/06/2011Status Update Canariaco Norte Copper Project
06/06/2011Michael Thicke Appointed President of Cobriza Metals Corp.
17/05/2011to Form a New Copper and Base Metals Exploration Company
09/03/2010Completes $6.2 Million Financing
31/12/2009Closing Financing of $9 Million and Listing of Candente Gold...
17/12/2009Closing First Tranche of $6.8 Million and Listing of Candent...
10/09/2009Resource Corp. and Candente Gold Corp.-Update
30/07/2009Candente Gold Corp.-Toronto Stock Exchange Conditional Listi...
16/06/2009 Engagement of BMO Capital Markets for Financing and Schedul...
17/11/2008Results and Summary for the Nine Months Ended September 30, ...
15/08/2008Results and Summary for the Six Months Ended June 30, 2008
03/04/2008Results For The Fiscal Year Ended December 31, 2007
13/03/2008Corporate and Canariaco Project Update
12/03/2008Termination of U.S. Registration of Common Shares
22/01/2008Community of Canaris Votes in Favour of Canariaco and Canden...
16/01/2008Steven Dean Appointed Director and Chairman of Candente
13/12/2007 Announces the Retirement of Ing. Fredy J. Huanqui G.
29/08/2007Santa Luisa Returns Candente's El As de Zinc Property in Cen...
23/08/2007Has No Direct Exposure to Asset-Backed Commercial Paper
16/08/2007Personnel and Projects Are Safe and All Activities Operate a...
16/08/2007Results for the Period Ending June 30, 2007
11/05/2007Reverts to 100% Ownership at Pamel Property in Peru
02/04/2007Gets Attention in Chile
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