Candente Copper Corp.

Cañariaco Norte PFS studies estimate NPVs and IRRs of $1.06B and 17.5% at $2.50 Cu and $1.56B and 21.5% at $2.90 Cu.  Cañariaco Norte Copper Project Pre-Feasibility Study Progress Report https://www.candentecopper.com/site/assets/files/5389/canariaco-pfs.pdf

Cañariaco Norte is in lowest quartile of price of copper needed to go into production for 84 top copper projects named by Goldman Sachs.  Cash Costs also in lowest quartile of copper industry.  https://www.candentecopper.com/investors/presentations

Key Project Parameters include:

• Payback of preproduction capital in 4.4 years (after-tax)
• Copper Production of 262,000,000 lb/yr
• Initial Mine life of 22 years+
• Pre-production CAPEX US$1.56B
• Throughput rate of 95,000 tonnes per day
• Operating costs of US$0.988 per pound of copper 
• Minimal infrastructure required, excellent locations for all site facilities, close to existing highway and power grid & abundant water at site