Candente Copper Corp Temporarily Suspends Drilling at Cañariaco Norte While Evaluating Projects

Candente Copper Corp. (TSX:DNT) provided updates on the Cañariaco copper project.

As quoted in the press release:

Drilling which commenced in late December 2012, has progressed very well and both the exploration and metallurgical components have now been completed. Given our progress to date and the current global downturn in economic conditions for mineral exploration and development, the Company is reducing expenditures to a minimum while we evaluate program results and costs to date. This reduction includes a temporary suspension of drilling activities, however, Sustainable Development Programs, Environmental and Social Impact (“EIA”) studies and reforestation including reclamation of drill platforms and other areas impacted by the drilling program are planned to continue. The Company is firmly committed to Environmental and Social Responsibility.

To view the whole press release, click here.