Vancouver, British Columbia, June 29th, 2011. Candente Copper Corp.
(TSX:DNT, BVL:DNT, US:CDOUF) ("Candente Copper") is pleased to provide
an update on the status of the 100% owned Ca�ariaco Norte Copper
Project in Northern Peru.
The Feasibility Study work program is well underway under the direction
of AMEC Americas Limited ("AMEC"). A comprehensive application for the
permit to conduct both geotechnical drilling for the Ca�ariaco Norte
deposit and exploration drilling on the high priority Ca�ariaco Sur and
Quebrada Verde porphyry targets has been completed and was recently
submitted to the Peruvian Ministry of Energy and Mines for review and
approval.
The following key activities are in progress:
.. The Environmental and Social Impact Assessment, under the direction
of AMEC (Per�) S.A. ("AMEC Peru") continues with fieldwork and office
based data assessment. AMEC Peru personnel recently completed wet
season baseline data collection in the field and are now planning for
the upcoming dry season field work.
.. Metallurgical test work is continuing under the direction of G&T
Metallurgical Services Ltd. ("G&T") in Kamloops. B.C. G&T are
recognized worldwide for their expertise in the metallurgy and
mineralogy of copper porphyry deposits. The test work program is now
focussed on "variability flotation test work" to confirm the
metallurgical recoveries to be expected throughout the various zones of
the Ca�ariaco Norte deposit. In addition, metallurgical test work is
planned to take place at Outotec (Sweden) AB ("Outotec") to provide
design parameters for the concentrate roasting process. Outotec is a
global leader in the design and supply of process equipment for the
mining industry.
.. Geotechnical design of the project has been awarded to Knight Pi�sold
Ltd. of Vancouver. Knight Pi�sold is a highly respected specialist
geotechnical consulting firm, and their expertise will complement
AMEC's highly experienced Feasibility Team. Geotechnical drilling is
required to obtain rock quality data for the design of the open pit
walls and ground condition data for the design of the project
facilities.
.. An aerial survey by McElhanney Consulting Services Ltd. of Vancouver
is underway to collect topographical data for the project area
including the mine, plant-site and ancillary facilities areas, the
proposed access road route, and the proposed power line route. Aerial
data will be used to develop detailed topographic contour maps over the
entire project footprint, and is a requirement for both the Feasibility
Study design and the detailed design for construction.
.. A trade-off study to assess the optimal mining and processing rate
for the Ca�ariaco Norte project is also underway. The Pre-Feasibility
Study Progress Report released in March 2011 called for a processing
rate of 95,000 tpd, however management believes the size of the
Ca�ariaco Norte deposit may justify and be benefited by a higher
production rate.
Management is confident that fundamentals remain strong for worldwide
copper demand and that Peru, which has tripled copper production in the
past two decades, will continue to recognize the importance of mining
to their economy.
About Candente Copper
Candente Copper Corp is a TSX and BVL listed mining company focused on
exploration and development of base metal mining projects in Peru and
Latin America. Candente Copper's flagship project is the 100% owned
Ca�ariaco Norte copper project located in Northern Peru's prolific
mining district.
Mr. Sean Waller, P.Eng., President of Candente Copper is a Qualified
Persons as defined by National Instrument 43-101, has reviewed and
approved the contents of this release, and is responsible for the
information contained in 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, geotechnical assumptions, geological interpretations,
receipt of property titles or permits, 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.
On behalf of the Board of Candente Copper Corp.
"Sean Waller" P.Eng.
President & Director
______________________________________
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@candentecopper.com
www.candente.com
Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3
Nataly Reategui
Investor Relations, Peru
Tel.: (511) 715-2001 ext 107
nreategui@candente.com
NR-025
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