Creating Value through Discovery

Third party validation: 

FORTESCUE METALS

GOLDMAN SACHS

DEUTSCHE BANK

Welcome to

Candente Copper Corp.

ARTICLE: Peru opens its arms to international, national private investment (here)

CEO Interview - CAMBRIDGE HOUSE August 15, 2021

CEO Interview - AGORACOM July 29, 2021

Peru is 2nd largest copper producer in the world; Canada among top ten worldwide producers of several metals

PROJECTS

Cañariaco Norte

  • Large Copper Gold Silver Resource defined in 2010
  • Positive Pre-feasibility Study Progress Report completed in 2011
  • Updated ESG Project Concept Desk Top Study completed Q2 2021
  • New PEA Launched Q3 2021 = Improved ESGs with lower CapEx and OpEx
  • Earlier Stage Projects with Exploration potential

3RD PARTY VALIDATION

Major Investor: Fortescue Metals Group holds 19.9% of Candente

Deutsche Bank: Cañariaco Norte identified as one of 3 projects required to meet the upcoming copper supply-demand gap

Goldman Sachs: Cañariaco Norte identified as one of the top 84 copper projects worldwide

Cañariaco Norte Pre-Feasibility Study Progress Report Highlights:

  • 260M lbs Cu per year (39,000 oz Au per year & 911,000 oz Ag per year)
  • 22 Year Initial Mine Life @ 95,000 tonnes per day
  • 4.4 Year Payback Period @ Cu $2.50/lb
  • Preproduction CAPEX $1.56B
  • Operating costs of US$0.988/lb Cu
  • Minimal infrastructure required, excellent locations for all site facilities, close to existing highway and power grid and abundant water at site

 

 

Sensitivities (8% discount, after tax)

Gold

 

Copper Price US$/lb

US$/oz

 

$3.25

$3.50

$3.75

$4.00

$1,750

 NPV

$1.985

$2.278

$2.573

$2.865

 

 IRR

24.8%

27.0%

29.1%

31.2%

$1,500

 NPV

$1.941

$2.322

$2.527

$2.822

 

 IRR

24.5%

26.7%

28.2%

30.9%

CAÑARIACO NORTE AUSENCO PEA - TO BE COMPLETED Q4 2021

  • Improve Environmental, Social and Governance (“ESG”) practices
  • Reduce initial capital expenditures (“CapEx”) and operating expenses (“OpEx”)
  • Smaller initial throughput for a lower initial CapEx
  • Expand after payback using Mine Cash Flow
  • Improve Mine Design including Tailings storage methods to improve ESG practices

 

Oct 18, 2021
Candente Copper Agrees to Commercial Terms with Gold Fields to Option the Arikepay Property
read more
Oct 5, 2021
Candente Copper Appoints Harbor Access
read more
Sep 23, 2021
Field Work for Environmental Studies for Drilling Completed at Cañariaco Project
read more
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