Candente Gold Corp. is pleased to announce that high grade gold and silver has been sampled on the Cocula project. As reported in News Release dated, October 22nd, 2020, samples collected to check historical reporting confirmed grades of 5.663 grams per tonne gold over 6 metres and 4.322 g/t gold over 8 metres in quartz breccia bodies which we understand are typical throughout the deposit. In addition, higher grades of [...]
Candente Gold Corp. is pleased to announce that a due diligence site visit to the Cocula Gold Project in Jalisco, Mexico has been completed. Samples were collected to check historical reporting and also to conduct preliminary metallurgical test work to assist in determining the best methods for processing material from the deposit. The most extensive work on the Cocula Project to date was conducted by Timmins Gold Corp [...]
Candente Gold Corp. is pleased to advise that the Company has signed the Definitive Agreement signed April 28th, 2020) with Magellan Acquisition Corp. which gives Candente Gold the right to earn up to a 100% interest in the San Dieguito de Arriba beneficiation plant and take over their rights to a lease agreement on the El Dorado Property, both located in Nayarit State, Mexico. SDA Plant The SDA plant consists of a [...]
Candente Gold Corp. is pleased to announce the signing of a Letter of Intent to enter into a profit sharing agreement on the Cocula Gold Project in Jalisco State, Mexico whereby Candente Gold will be entitled to receive 70% of any potential profits that may be derived from mining and processing of the deposit. The addition of Cocula to our asset base represents another critical step in the Company’s growth strategy for [...]
Candente Gold Corp. is pleased to advise that Sun River Gold has made the final payment of US$111,000, to increase their ownership in the Mexico Mine Tailings at El Oro Mexico, such that the company’s NPI will be reduced from 10% to 5% after the first US$1,500,000 is received by the Company. The Mexico Mine Tailings contain an Inferred Resource* of 1,267,400 Tonnes grading 2.94 Au g/t, 75.12 Ag g/t containing 119,900 [...]
Candente Gold Corp. is pleased to announce the launch of a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment. The Candente Gold HUB is live and can be found at: https://agoracom.com/ir/CandenteGold Candente Gold will also receive significant exposure [...]
Candente Gold Corp. advises that it has applied to the TSX Venture Exchange for approval to extend the exercise period of a total of 5,000,000 outstanding share purchase warrants issued pursuant to the private placement completed on August 12, 2016. The amended expiry date was August 12th, 2020 and if the extension is approved, the new expiration date will be August 12th, 2021. The exercise price of the Warrants will [...]
Candente Gold Corp. is pleased to advise that due diligence visits have been conducted at both the San Dieguito de Arriba processing plant and the historic El Dorado Mine both in Nayarit, Mexico. The examination of the SDA plant found all key components in good order and, as expected, identified the need for the replacement of various working parts for which a cost estimate is being prepared. The historical mine, La [...]
Candente Gold Corp. is pleased to advise that a due diligence team has been mobilized to both the San Dieguito de Arriba processing plant near Acaponeta, Nayarit, Mexico and the historic El Dorado Mine in Las Minitas, Nayarit. http://www.candentegold.com/i/misc/2020-06-24-SDA-DD-team.jpg Due Diligence Program The Company was closely monitoring the situation in Mexico with regard to COVID-19 related travel restrictions and [...]
Candente Gold Corp. is pleased to advise that the Company is continuing to use the current slowdown in field activities in Mexico to advance our growth strategy by planning underground work on the El Dorado project in Las Minitas, Nayarit while also evaluating and negotiating for additional properties with potential mill feed for the San Dieguito de Arriba plant in Nayarit. The El Dorado Property is viewed as a potential [...]
Candente Gold Corp. is pleased to advise that Matthew Melnyk, M.Sc., CPG, has been appointed to the role of Director of Operations to oversee a new growth strategy for Candente Gold. Matthew worked in Nayarit and Sinaloa as a Mining and Exploration Geologist with VANE Minerals/Rose Petroleum to source and produce feed for their SDA plant in 2014-15. He also served as Chief Geologist for Premium Exploration in 2008 with [...]
Candente Gold Corp. is pleased to report that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated October 24, 2019, were approved by 77% to 99% of votes cast at the Annual Meeting of Shareholders held on December 17th, 2019 in Vancouver. All of the current Directors: Joanne C. Freeze, Larry D. Kornze, Ian Ward, Mark Lotz and Matthew Melnyk [...]
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