It was agreed that the Regional Government of Lambayeque and the Company, which operates under Exploraciones Milenio S.A. and Cia. Minera Oro Candente S.A., will work closely together to ensure that the Cañariaco project advances as rapidly as possible and in a manner that ensures that the local people benefit as much as possible from an improved infrastructure which includes roads, electricity, education and health facilities.
During the meeting, Thomas R. Rinaldi, V.P. Operations, explained that "the project will be developed under guidelines which require minimal impact and zero contamination from the leaching process. These parameters and others are all in accordance with the Equator Principles".
Attending the meeting with Presidente Yehude Simon were several key members of the Cañariaco Development Team: Thomas R. Rinaldi, V.P. Operations; Ing. Fredy Huanqui V.P. Business Development and Exploration Latin America; Ing. Romulo Mucho, Consultant and ex-Vice Minister of Mines (2004 -2005); Ing. Ricardo Coronado, Manager of Environmental Protection; Luis Enrique Salazar, Manager of Community Relations; as well as Joanne Freeze, P.Geo. President and CEO.
Complete results, maps, cross-sections and all reports on the Cañariaco Norte Project can be viewed at:
http://www.candente.com/s/PeruProjects_Canariaco.asp
Candente is a diversified exploration company with copper, gold, silver, and zinc projects in Peru and Mexico. Candente subscribes to principles, which ensure that its exploration and development activities are beneficial to the local communities.
For further information please contact Evelyn Cox at: (604) 689-1957 or toll free 1-877-689-1964; or info@candente.com www.candente.com.
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.