Creating Value through Discovery

Third party validation: 

FORTESCUE METALS

RFC AMBRIAN

HAYWOOD

DEUTSCHE BANK

GOLDMAN SACHS

Welcome to

Candente Copper Corp.

CEO Interview - RocksAndStocksNews December 14, 2021

Conversation with Joanne Freeze - The Assay TV - December 13, 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

RFC Ambrian: Cañariaco Norte in top 10 of 23 Projects with potential to involve third party M&A (December 2021)

Haywood: Cañariaco Norte one of 18 assets selected as likely to be considered by Majors looking to Acquire (December 2021)

Deutsche Bank: Cañariaco Norte identified as one of 3 projects required to meet the upcoming copper supply-demand gap (February 2021) 

Goldman Sachs: Cañariaco Norte identified as one of the top 84 copper projects worldwide (October 2018)

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

 

Dec 9, 2021
Update on the Ausenco 2021 PEA on Cañariaco Norte
read more
Nov 10, 2021
Candente Copper Appoints Miguel Inchaustegui as Director
read more
Oct 18, 2021
Candente Copper Agrees to Commercial Terms with Gold Fields to Option the Arikepay Property
read more
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