Candente Confirms High Copper Recovery and Commences Drilling at Canariaco.VANCOUVER, British Columbia -- Candente Resource Corp. - (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DNT DNT Document & Network Technologies DNT Dinitrotoluene DNT Dynamic Network Technologies DNT Do Not Type DNT Dodonu Ni Taukei Party (Fiji political party) DNT Do Not Touch DNT Dialed Number Trigger DNT Do Not Translate )("Candente") is pleased to report excellent copper recovery results from leach testing of bulk samples and the commencement of drilling at Canariaco Norte, the Company's wholly-owned Canariaco copper project located in Northern Peru. Approximately 2,500 metres (m) of drilling is planned in ten to fifteen holes, to depths of 200m to 300m. Candente has recently identified leachable copper mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. at Canariaco Norte over an area measuring one km by 600m in several outcrop exposures and by re-logging ten holes drilled by previous exploration companies. Six bulk samples (15.12 kilograms (kg) to 22.39 kg each) were collected from several zones of different types of copper mineralization to determine amenability to heap leach extraction. Total copper head grades ranged from 0.40% Cu to 4.72% Cu. The samples were crushed and submitted for total copper assays (head analyses) and for a sequential leach procedure to determine percentages of copper in oxide, chalcocite chalcocite Sulfide mineral, Cu2S, that may be an important ore of copper. It belongs to a group of sulfide minerals formed at relatively low temperatures. Chalcocite alters to native copper and other copper minerals. and chalcopyrite form. Hand specimens of each sample were also submitted for mineralogical min·er·al·o·gy n. pl. min·er·al·o·gies 1. The study of minerals, including their distribution, identification, and properties. 2. A book or treatise on mineralogy. and petrographic pe·trog·ra·phy n. The description and classification of rocks. pe·trog ra·pher n. studies. Based on grades and mineralogy mineralogyScientific study of minerals, including their physical properties, chemical composition, internal crystal structure, occurrence and distribution in nature, and origins or conditions of formation. the samples were sorted and amalgamated a·mal·ga·mate v. a·mal·ga·mat·ed, a·mal·ga·mat·ing, a·mal·ga·mates v.tr. 1. To combine into a unified or integrated whole; unite. See Synonyms at mix. 2. into two samples for column leach testing. The high-grade sample carrying 4.72% Cu contains a high proportion of soluble (leachable) copper but was not used in the column testing as it is not considered to be representative of the leachable mineralization. Copper extraction in column test sample one (the primary target), indicated excellent leachability of 92% after 93 days. Oxide and chalcocite minerals made up greater than 85% of the copper mineralization in this sample. The 92% leachability estimate verifies the recoverability of copper in this type of mineralization by leaching. The copper extraction for column test sample two indicated a leachability of 52%, also after 93 days. The second sample was comprised of a mixed assemblage of half oxides and chalcocite and half chalcopyrite (sulphide) mineralization, which often immediately underlies the oxide/chalcocite (primary) zone. This figure is much better than expected for this style of mineralization and indicates that a leachable target could be expanded to include some of this sulphide mineralization. The Kluane man-portable drill (also used on the Alto Dorado property), is performing very well at Canariaco and is achieving excellent core recoveries. Assay results will be reported once received and compiled. All samples were submitted to Kappes Cassiday and Associates in Reno, Nevada, for leach testing, and metallurgical and petrographic studies. Mike Casselman, M.Sc., P.Geo., and director of Candente is the qualified person for the Canariaco project, and is supervising the sampling, testing, and quality control program including the transport of samples. James Currie, P.Eng., an independent qualified person, is also assisting in the exploration and evaluation of the project. Candente is a well-funded mineral exploration company focused on the acquisition and exploration of world-class gold and copper projects. Management has a strong geological/technical focus and a track record of discovering world-class mineral deposits. Candente subscribes to principles, which ensure that its exploration and development activities are beneficial to the local communities. ON BEHALF OF THE BOARD OF DIRECTORS Joanne Freeze, P. Geo., President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Candente Resource Corp. 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. protection for forward-looking statements. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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