Candente Copper Corp. (TSX:DNT)(PINKSHEETS:CCOXF)(LMA:DNT) report results from the second and third exploration holes of the 2013 drilling program on the Canariaco Sur porphyry copper-gold system.
Hole CS-13-004 was drilled vertically to 411 metres (m) and hole CS-13-005 was drilled from the same platform as CS-13-004 to 265m at an azimuth of 090 degrees and inclination of minus (-) 60 degrees. Highlights of these holes include:
CS-13-004: 411.30 metres (m) averaging 0.25% copper equivalent(i) from 0 to 411.30m (0.0.19% copper, 0.08 grams per tonne (“g/t”) gold and 1.5 g/t silver).
— including: 197.30m averaging 0.35% copper equivalent(i) from 214m to
411.30m (0.26% copper, 0.11 g/t gold and 2.0 g/t silver).
CS-13-005: 265 (m) averaging 0.19% copper equivalent(i) from 0 to 265m (0.15% copper, 0.05 g/t gold and 1.1 g/t silver).
— Including: 37m averaging 0.44% copper equivalent(i) from 178m to 215m
(0.36% copper, 0.10 g/t gold and 2.1 g/t silver). This intercept occurs
within a broader intercept of 87m grading 0.30% copper equivalent(i)
from 178m to 265m (0.25% copper, 0.06 g/t gold and 1.6 g/t silver).
Drill holes CS-13-004 and 005 were collared approximately 300 m east of drill hole CS-08-001 and approximately 500m east of hole CS-12-003.
“The second hole of the 2013 drilling program, collared 300 metres east of CS-08-001, encountered long intersections of copper and gold mineralization, thereby significantly extending the zone of copper, gold and silver mineralization at Canariaco Sur. These positive results continue to indicate that Canariaco Sur has the potential to be a large copper gold porphyry system,” commented Sean Waller, President of Candente Copper.
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