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 [...]
Candente Gold Corp. is pleased to announce that the Company has granted stock options to Mr. Matthew Melnyk, Director of the Company, to purchase up to 250,000 common shares of the Company at an exercise price of $0.05 per common share which will vest 25% every six months and will have a five-year term, expiring on July 29th, 2024. The grant of Options is subject to approval by the TSX Venture Exchange. About Candente [...]
Candente Gold Corp. is pleased to advise that Sun River Gold has reported very positive recoveries from metallurgical testing of samples from the tailings deposit and is moving the project forward by negotiating the purchase of land for the new processing area and also working on the application for change of use of land for the area where the tailings are currently located. Sun River Gold reports that it has concentrated [...]
Candente Gold Corp. is pleased to announce the appointment of Mr. Matthew Melnyk, as Director of the Company. Mr. Melnyk has been involved in exploration successes throughout Latin America since 2003. With Aquiline Resources Inc., Aurelian Resources, Titan Mining and others he has performed key roles in major discoveries, resource expansions and acquisitions contributing to $2 Billion in M&A activity. Key projects in [...]