Calls Go Out To Engineers For Peruvian Copper Project Study
Following positive desktop studies, Candente Copper Corp. (TSX:DNT) is seeking proposals from two international engineering firms to conduct an updated Preliminary Economic Assessment Study (PEA) to evaluate the most attractive potential development strategy for the Cañariaco Norte Project in Peru.
PEA considerations identified by the internal desktop studies undertaken by by Ausenco Engineering Inc. are for various initial concentrator throughputs including 40,000; 50,000; and 60,000 tonnes per day (tpd) followed by a staged expansion of production rate.
Geometallurgical modelling of the deposit and updated smelting costs have indicated that the Outotec Roaster proposed during previous studies will not be required, and therefore it will not be contemplated in the PEA.
President and CEO, Joanne Freeze, said tailings storage methodologies which could improve ESG practices will also be assessed in more detail as part of the PEA.
“The Internal Desk Top Study identified several opportunities with the potential to lower initial capital expenditures (CapEx) while also enhancing our environmental, social and governance (ESG) practices,” Ms Freeze said.
“We look forward to embarking upon an updated Preliminary Economic Assessment (PEA) to evaluate the most attractive potential development strategy.”
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.
For further information please visit: https://candentecopper.com/