Candente Resource Corp.: Leachable Copper Zone Doubled on Canariaco Copper Property, Northern Peru.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 28, 2004 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 announce that the Canariaco Norte leachable copper (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. ) zone has been identified over an areal extent more than double than previously known. Leachable copper has now been found in outcrops (nine locations to date) and in drill holes over a minimum areal extent of 600 by 800 metres. Most of the outcrops were previously unknown and re-logging of previously drilled holes identified new wide sections of chalcocite. The system remains open to further expansion. Chalcocite has also been found in altered volcanic cap rocks covering the mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. intrusive bodies on the west side of the main zone. The leachable copper (chalcocite) has been identified in seven drill holes and grades 0.6% copper or more over widths of up to 300 metres. Higher grades of 0.8% to 1.25% have been traced over widths of 22 to 52 metres. Studies to determine distribution and controls to the higher-grade 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. are also underway. Diamond (core) drilling is planned to commence in June 2004. The drilling will be carried out by Kluane Drilling of Vancouver, B.C., which uses a very portable rig requiring no roads and minimal site disturbance. Approximately 3,000 metres of core drilling are currently planned for the Canariaco property this year. Mapping, prospecting, bulk sampling and geophysical surveys are in progress on the property by Candente's 100% owned Peruvian subsidiary, Exploraciones Milenio S.A. Five bulk samples collected from outcrop have been submitted to Kappes, Cassiday & Associates of Reno Nevada for assay, and for leaching, metallurgical and petrographic pe·trog·ra·phy n. The description and classification of rocks. pe·trog ra·pher n. studies. Such studies will assist in determining grade, leachability (a low-cost recovery process for copper) and other characteristics integral to the economics of the mineralization. The leach testing will include a sequential leach, little column leach, solvent extraction (SX) and assay for total copper, which will occur over several weeks. For more technical details please refer to: http://www.candente.com/s/ProjectsPeru.asp. 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 has a policy of ensuring 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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