Candente Copper Appoints Miguel Inchaustegui as Director
November 10 2021 - 7:00AM
Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente Copper” or the
“Company”) welcomes Mr. Luis Miguel Inchaustegui Zevallos as
Independent Director of the Company.
A leader in corporate matters and sustainability
in the extraction sector, Mr. Inchaustegui is experienced in
sustainable development, communications, community relations, legal
and institutional relationships. Miguel’s mission is to generate
value for all parties involved through a social strategy based on
the Shared Value concept, which allows companies to become an ally
with community and governments.
Mr. Inchaustegui is a lawyer with an MBA and has
27 years’ experience working in Transnational corporations and
government, including Gold Fields Ltd., Lumina Copper Peru, Barrick
Gold Corp., Volcan Mining Company and the Ministry of Energy and
Mines of Peru. His management and advisory roles have included
Legal Advisor, Vice-President Corporate Affairs and Sustainable
Development, Corporate Secretary and both Vice Minister and
Minister of Mines of Peru.
“Mr. Inchaustegui is a great addition to our
team as we take the Cañariaco project to the next stage and we are
very fortunate to have him working with us. Miguel’s successful
experiences in the synergetic development of mining projects and
communities in Peru with various major mining companies and the
Peruvian government speak for themselves,” commented Joanne Freeze,
CEO.
“I am very pleased to be joining Candente Copper
as an Independent Director to support the next steps of the
Cañariaco project. I see with great pleasure the work that Ausenco
is doing to optimize the project and also the presence of Fortescue
Metals Group as an important advancement in the generation of trust
with stakeholders. Candente Copper has great potential to generate
Shared Value with Cañariaco that can position it as a key project
contributing to the sustainable development of Northern Peru,"
commented Miguel Inchaustegui.
About Candente Copper
Candente Copper is a mineral exploration company
engaged in the acquisition, exploration, and development of mineral
properties. The Company’s most advanced project is its 100% owned
Cañariaco project, which includes the Cañariaco Norte deposit as
well as the Cañariaco Sur deposit and Quebrada Verde prospect,
located within the western Cordillera of the Peruvian Andes in the
Department of Lambayeque in Northern Peru. Ausenco Engineering Inc.
has been engaged to conduct an updated Preliminary Economic
Assessment Study (“PEA”) to evaluate a new development strategy for
the Cañariaco Norte Project. The updated PEA study is estimated to
be completed before the end of Q4 2021.
Candente Copper also holds 100% interest in the
Don Gregorio and Arikepay properties in Peru and has an option to
earn 100% interest in the Canyon Creek copper-molybdenum property
in B.C., Canada.
On behalf of the Board of Candente
Copper Corp.
“Joanne C. Freeze” P.Geo.President, CEO and
Director___________________________________For further information
please contact:
“Joanne C. Freeze” P.Geo.President, CEO and
DirectorTel +1
604-689-1957info@candentecopper.comwww.candentecopper.com
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