Welcome!

News Feed Item

Candente Gold Provides Voting Results for the Election of Directors and Confirms Filing of 43-101 Report on Inferred Resource Estimate

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/29/14 -- Candente Gold Corp. (TSX:CDG) ("Candente Gold" and/or the "Company" ) is pleased to provide the voting results for the election of directors at its annual general meeting of shareholders held on August 21, 2014.

The director nominees were presented in the Company's Management Information Circular dated July 7, 2014, and shareholders re-elected all directors nominated by management. The directors will serve until the next annual general meeting of the Company. The voting results for the election of each director are as follows:

                                                     
Nominee                             For      Withheld
-----------------------------------------------------
Joanne C. Freeze                 89.11%        10.89%
Paul H. Barry                    99.78%         0.22%
Larry D. Kornze                  84.90%        15.10%
Peter K. M. Megaw                99.87%         0.13%
Andres J. Milla                  84.90%        15.10%
Kenneth (Ken) G. Thomas          84.90%        15.10%

The Company is also pleased to confirm that further to our news release on July 10, 2014 in respect of its inferred mineral resource estimate of the Mexico Mine tailings deposit under option from the Municipality of El Oro de Hidalgo in Mexico, the Company is pleased to advise that it has SEDAR filed a technical report titled: "National Instrument 43-101 Technical Report on the Inferred Mineral Resource Estimate of the Mexico Mine Tailings" prepared by Nadia Caira, P.Geo. and Allan Reeves, P.Geo. and dated August 25, 2014 with an effective date of July 8, 2014 (the "Technical Report"). The report is also available for review at: http://www.candentegold.com/i/pdf/reports/CDG_NI43-101-Inferred-Mineral-Resource-Mexico%20Mine-Tail.pdf

The earlier-disclosed inferred mineral resource estimate for the tailings deposit has been confirmed in the Technical Report and is as follows:

Inferred Resource Estimate(i)

                                                                            
----------------------------------------------------------------------------
Classification        Tonnes      Au g/t      Ag g/t   Ounces Au   Ounces Ag
----------------------------------------------------------------------------
Inferred           1,267,400        2.94       75.12     119,900   3,061,200
----------------------------------------------------------------------------

Note: (i) Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All figures have been rounded to reflect the accuracy of the estimate.

Qualified Person: Allan Reeves, P.Geo., Principal of Tuun Consulting, is the Qualified Person as defined by National Instrument 43-101 who is responsible for the mineral resource estimate reported above and he has reviewed and approved the disclosure of the mineral resource estimate.

Candente Gold is currently focused on advancing a potential Tailings Recovery Operation ("TRO") near the El Oro property in Mexico where the preparation of a Preliminary Economic Assessment ("PEA") is underway by JDS Energy and Mining Inc. ("JDS").

About Candente Gold

Candente Gold's flagship asset is El Oro, a district scale gold project encompassing the largest and most prolific high grade gold dominant epithermal vein system in Mexico. The project covers 20 veins with past production and more than 57 veins in total, from which approximately 6.4 million ounces of gold and 74 million ounces of silver were reported to have been produced from just two of these veins.

Modern understanding of epithermal vein systems strongly indicates that several of the El Oro district's veins hold potential for discovery of significant gold and silver mineralization, particularly below the historic workings of the San Rafael Vein, which was mined to an average depth of only 200 metres and produced 4 million ounces gold and 44 million ounces of silver.

On behalf of the Board of Candente Gold Corp.

Joanne Freeze, P.Geo., President & CEO

NR 038

Contacts:
Candente Gold Corp.
Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477 or local: +1 (604) 689-1957 ext 3
toll free: 1 (877) 689-1964 ext 3
[email protected]

Candente Gold Corp.
Nataly Reategui
Investor Relations, Peru
(511) 715-2001 ext 107
(511) 717-1233 (FAX)
[email protected]
www.candentegold.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?