Candente Resource Corp.: Drill Holes 05-026 and 05-027 Expand Canariaco Copper Deposit.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Candente Resource Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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 ) - Latest two holes expand width of copper deposit by 250m Candente Resource Corp. is pleased to report that drill holes 05-026 and 05-027 have been completed to depths of 347 metres (m) and 328 m, respectively, at Canariaco Norte, Northern Peru. Both of these holes intersected significant copper (Cu) 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. to the bottom of the holes and expand the deposit an additional 100 m to the southeast and 150 m to the west. Drilling is advancing as before on 150 m grid spacings and assays will be reported on a timely basis given that each step out will be expanding the deposit size. Gold, molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. , and silver results have now been received for holes 05-013 to 05-025 and will be reported later this week. Assay results from drilling this year (holes 05-013 to 05-025) have already shown more than a five fold increase to the size of the deposit by nearly tripling the lateral expression (to 38 hectares) and doubling the vertical extent (to 640 m). Last years drilling, which only covered an area of 14 hectares, delineated de·lin·e·ate tr.v. de·lin·e·at·ed, de·lin·e·at·ing, de·lin·e·ates 1. To draw or trace the outline of; sketch out. 2. To represent pictorially; depict. 3. an inferred resource of 1.035 B lb copper and 243,000 oz gold. For more information please refer to: www.candente.com/s/PeruProjects_Canariaco.asp. Michael J. Casselman, P.Geo., Robert Van Egmond, P.Geo., and Joanne Freeze, P.Geo., are the Qualified Persons for the project as defined by NI 43-101 and have reviewed this news release. Candente is a diversified copper and gold exploration company focused on increasing shareholder value through discovery. In addition to the Canariaco Project, Candente has several other gold, copper and silver projects in Peru. 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. Release No. 140 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. Candente Resource Corp. (TSX:DNT) |
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