CANDENTE RESOURCES

[Victor VE]

Me preocupa la bajada de hoy, creo que tu análisis técnico esta tomando forma.

[shemagh]

Malas noticias (más?)
Hemos estado en el norte viendo tierras y en conversaciones con autoridades de la junta de regantes de ciertos valles en Lambayeque nos comentaron que estan muy preocupados por la posible explotación de Cañariaco ya que ellos se encuentran aguas abajo y como comenté en su momentoel prospecto de DNT se ubica en una zona colectora de aguas. Comentaron tb que los comuneros de Cañariaco están preocupados y que desconocen los acuerdos alcanzados por sus anteriores representantes.
Cuidado.

[shemagh]

Se viene una inflada de DNT antes de fin de año. Ojo.
Slds,

[Lucho]

Candente may sell stake in $1.5 billion project to investors

Candente Copper Corp. may sell a 30 percent stake in its US$1.5 billion Peruvian Canariaco copper deposit to Asian investors to help fund the project's construction, the company's chief executive officer said.

South Korean and Japanese smelters would help bring access to ''attractive'' financing from state banks, CEO Joanne Freeze said in Vancouver today in a telephone interview. Canariaco, feasible with copper prices at US$2.25 per pound, will proceed even with a new Peruvian mining tax on profits, Freeze said.

"There's a lot of capital out there for copper projects," Freeze said today from the company's headquarters. "There are long-term huge needs for copper and it's costing more to put mines into production."

Candente, which split off other copper and gold exploration areas in separate share listings, is among possible takeover targets for KGHM Polska Miedz SA, the Polish company looking to buy a Canadian mining company next month, Scotia Capital said Oct. 20. Candente is holdings talks with "at least 10" prospective buyers, Freeze said, without naming them.

Candente Copper jumped 5.6 percent, or 6 cents, to $1.13 per share at 3:51 p.m. New York time. The stock has dropped 31 percent this year.

Copper futures for December delivery fell 0.8 percent to settle at US$3.4205 a pound at 1:23 p.m. on the Comex in New York. The metal surged 13 percent in the previous two sessions after a report showed manufacturing probably expanded in China, the world's largest consumer.



Read more: http://www.vancouversun.com/business/Ca ... z1brHv4mxw

[Mr. Gold]

Drill Results Define Extensions to Gold & Silver Mineralized
Shoots on the El Oro Gold Project, Mexico
Tuesday, November 01, 2011

Vancouver, British Columbia, November 1, 2011. Candente Gold Corp. (TSX:CDG, BVL:CDG, US:CGDXF) ("Candente Gold") is pleased to announce that gold and silver mineralization has been discovered both underneath and lateral to historical workings of the San Rafael vein on the El Oro gold project, Mexico.

Anomalous to high-grade gold and silver values been intersected at several locations 150m and deeper below old workings along the known 2.4 km strike length of the San Rafael vein, and an extension to the vein 1.1 km to the north has also been confirmed.

Results to date have also demonstrated that gold and silver mineralization within the San Rafael vein occurs in shoots that appear to be localized where vertical NE-SW structures cut across the principal NW-SE trending veins. Gold to silver ratios appear to zone laterally away from these intersections, indicating that they may have acted as fluid conduits. Additional studies of these structural controls are being carried out to guide future drilling.

The four zones along the San Rafael vein which were targeted by the current drilling program are, from north to south: Buen Despacho, Mexico-Esperanza, Norte shaft area, and Providencia shaft area.

Mexico-Esperanza Area

The Mexico-Esperanza area remains the strongest exploration target within the San Rafael vein system due to the presence of vertical controls to mineralization, the highest grades of past production (12-16 grams per tonne ("g/t") over an average vein width of 10 metres), and recent discoveries.

In the Mexico-Esperanza area two high-grade intersections have been made in the San Rafael vein approximately 300m apart and 100m below the deepest old workings (SR11-001A from the current drill program and SR07-002 from the 2007 program). In addition, two other high-grade veins with minimal past production were intersected in the hanging wall above the San Rafael vein, and gold mineralization has also been discovered in the overlying pervasively altered Somera Tuff volcanic unit in this area.

Hole SR11-012-W2 is currently in progress, targeting the San Rafael vein approximately 250m below hole SR11-001A, the deepest intersection in the Mexico-Esperanza area to date.

"The high-grade intersections from the Mexico-Esperanza area demonstrate both the potential for multiple high grade veins within the vicinity of the historic San Rafael vein mine workings, and strong potential at depth below the historic mines. In addition, pervasive alteration (buddingtonite and silica) typical of the top of an epithermal stage has been identified in the Somera Tuff adjacent to mineralization typical of the heart of another. Results to date reinforce the potential for stacked or repeated mineralization pulses, and that a second high-grade mineralization zone may lie below the deepest workings on San Rafael and thus any of the veins in the El Oro district," said Joanne Freeze, Candente Gold President & CEO.

Other Areas

Since November 2010, a total of 12,768 metres have been drilled in 34 holes targeting the San Rafael and its hanging wall veins. Of these holes, 14 were wedges, or shorter holes started part way down a main hole, and 14 holes were lost or abandoned due to difficult drilling conditions before they reached target depth. Establishing underground drill stations is expected to significantly decrease the number of lost and abandoned holes in the future.

See Table 1 below for all drill results to date, including those reported previously in news releases 010 and 017. Figures 1 to 3 of these results can be viewed online at http://www.candentegold.com/i/pdf/Figur ... 1-2011.pdf

From results received to date for 28 holes, 14 holes have intersected anomalous to high-grade gold and silver mineralization. Results are pending from 6 holes, and one hole is in progress designed to intersect multiple veins and the Somera Tuff approximately 250m below the deepest intersection to date.

In the Buen Despacho area, a northern (lateral) extension to the San Rafael vein has been confirmed approximately 1,100 metres north of any historic production. The significant silver mineralization from drill holes SR10-001 and SR10-001-W1 included 230 g/t silver over 0.40m, 19 g/t silver over 2.80m, and 54 g/t silver over 1.00m (see Table 1), and was intersected well below the old shallow exploration workings. In this area, the San Rafael vein appears to have been down-dropped by faulting north of the Mexico-Esperanza mining area. The old shafts and tunnels were stopped approximately 90m above these new discoveries.

In the Norte shaft zone, hole SR11-004-W1 intersected 315 g/t silver over 1.15m and 5.75 g/t gold and 14 g/t silver over 0.65m. SR11-004 intersected 7.7 g/t gold and 3.5 g/t silver over 0.80m.

In the Providencia shaft area silver dominates over gold, with most holes intersecting high-grade silver values. SR11-007 intersected 523.6 g/t silver over 1.0m and SR11-009C intersected 176 g/t silver over 0.30m. Assays are pending from two additional holes in this area. In 2003, just north of this block, Placer Dome intersected 10.18 g/t gold and 48.75 g/t silver over 2.50m in hole SR03-004.

Dos Estrellas Tunnel Rehabilitation

Underground rehabilitation in the pre-existing Dos Estrellas access tunnel is ongoing, and has now advanced to over 430m. The objective of reopening Dos Estrellas is to provide access for underground drill stations to test well below the historical underground workings in both the Verde and San Rafael veins using much shorter holes than would be required from surface. The Verde vein produced over 3 million ounces of gold equivalent at average grades of 12 g/t gold and 160 g/t silver between 1907 and 1924. The first underground drill station to test the Verde vein will be established in its hanging wall, approximately 550m into the Dos Estrellas tunnel, reducing the amount of rehabilitation needed before drilling can begin.

Exploration Plans

Once all results are received from this phase of exploration they will be reviewed together with the extensive database on the project to prioritize future exploration targets on the El Oro gold property.

Other Matters

On another matter the Company also announces the resignation of Darin Wagner as a director. The Company appreciates Mr. Wagner's contributions and wishes him well on his future endeavours. The company also announces the resignation of Mark Pryor as VP Exploration -- Mr. Pryor will continue to work on the El Oro project as a consultant and as one of the project's Qualified Persons.

Assays and Qualified Persons

Rock and core samples were sent to Inspectorate laboratories in Durango, Mexico for preparation and to Reno, Nevada, USA for analysis with duplicates assayed by ALS-Chemex in Vancouver, Canada. Both labs are certified assay laboratories and conform to National Instrument 43-101 standards for independent assay laboratories. Samples were initially run for 32 element ICP to determine the trace-element analysis. Gold values were determined by Fire Assay with an Atomic Absorption finish. Over-limit values of gold (>10 g/t) and silver (>100 g/t), were confirmed with Fire Assay-Gravimetric Analysis. Mark J Pryor, Pr.Sci.Nat., Consultant, and Joanne C. Freeze, P.Geo., President and CEO of Candente Gold, are the Qualified Persons as defined by NI 43-101 for the project discussed above and have read and approved the contents of this release.

About Candente Gold

Candente Gold's flagship asset is El Oro, a district scale gold project encompassing one of the largest and most prolific high grade gold dominant epithermal vein systems in Mexico. The El Oro district includes 20 veins with past production and more than 50 veins in total, with 6.4 million ounces of gold and 74 million ounces of silver produced from just two of these veins.

Modern understanding of epithermal vein systems strongly indicates that many of the El Oro district's veins hold multi-million ounce discovery potential, particularly below the historic workings of the San Rafael vein, which was mined to an average depth of only 200 metres. Candente Gold believes that the San Rafael vein system is analogous to other epithermal vein systems in Mexico such as the Fresnillo, Guanajuato, Pachuca and Pinos Altos mines where gold and silver occurs over 600 to 1200 metres vertically.

Candente Gold also holds an extensive portfolio of 100% owned, early to mid-stage, high and low sulphidation epithermal gold projects in Peru. Many of these projects have significant exploration completed and targets ready to be drill tested.

[JorgeCDM]

Pobre acción, sentado en una cantidad inmensa de cobre y no poder desarrollarlo, que tal impotencia deben tener los inversionistas

[El_Diez]

Todo lo que sube en algún momento tiene que bajar y todo lo que baja en algún momento tiene que subir.

[golcito18]

Disculpen que use este foro, pero ¿podriamos realizar una actividad navideña por la zona de cañaris a fin de conocer directamente la situacion en referencia al proyecto y si lo dejaran que prospere? o alguna otra idea...

[El_Diez]

Mi regalo seria esterilizar a toda la población de Cañaris.

[golcito18]

acabas con ellos y vienen mas... aca sería importante averiguar que ONG o dirigentes antimineros estan actuando por esa zona y conocer como se estan financiando, copio una noticia fresca de los dirigentes que estuvieron por acá, la mentablemente me enteré tarde, caso contrario podria haberles entregado pruebas de minas que se encuentran en cabecera de cuenca y para nada han afectado la quebrada rio abajo...
http://diariocorreo.pe/ultimas/noticias ... esa-minera
espero tener la oportunidad de llegar a ellos.

[golcito18]

resulta que la exploracion "contamina", es una terrible ignorancia...http://enlacenacional.com/2012/11/28/la ... te-cooper/

[golcito18]

http://www.gatoencerrado.net/store/noti ... etalle.htm tenia que ser SANTOS... ultimamente ese sustantivo es sinonimo de ignorancia

[El_Diez]

El 0.15 que tocó hace 2 días en Canadá es el piso de DNT

[alexander_7531]

Hola Sres.

Hace mucho tiempo me desconecte de la bolsa, ya no le hacía seguimiento cómo antes y tampoco ingresaba al foro para leer las noticias.
Pero al revisar el foro ya no veo el dinamismo de antes parece que todos nos hubiéramos ido a dormir, me incluyo, donde estarán: JorgeCDM, El_Diez entre otros.

Ahora que vuelvo para ver como van las acciones y me doy con la sorpresa de como han caído las junior: DNT esta a 9 centavos, ZNC a 2 centavos, RCZ ni mencionar por los splits que tuvo ya no vale nada, en general todas están en ese camino siendo el extremo RCZ.
Lo que me llamo la atención fue MIRL esta a 5 centavos.

Espero que pronto vuelvan los comentarios de todos.

Saludos para admin

[admin]

Saludos para ti tambien Alexander, como ves yo sigo por aca, maniana, tarde y noche. Ya veras como todos regresaran cuando las cosas mejores, en el Peru se necesita otro presidente y en US tambien. La bolsa americana esta fabulosa y siempre hay que seguir invirtiendo.