Candente Gold Announces the Appointment of Mr. Ian Ward as Independent Director
NEWS RELEASE
Candente Gold Announces the Appointment of Mr. Ian Ward as Independent
Director
Vancouver, British Columbia, February 6th, 2017. Candente Gold Corp. (TSX V:CDG) ("Candente Gold" or
“the Company”) is pleased to report that Mr. Ian Ward has been appointed an independent director of the
Company.
Mr. Ward is a professional engineer (Ontario) and metallurgist with extensive experience in the
processing of gold and base metal ores and industrial minerals . He has executive/senior management
experience, practical plant operating experience, extensive engineering experience and has for the past 19
years been intimately involved in a variety of feasibility studies, audits, operations support and project
evaluations. After operational positions, Ian spent 16 years with Kilborn Ltd. (now SNC-Lavalin), then 12
years as President of Micon International followed by 5 years with Kinross Gold Corp mostly as VP and
Chief Metallurgist.
Mr. Ward’s specific areas of technical expertise include: Gold extraction, SAG milling, heap leaching, base
metal flotation, environmental studies, feasibility studies and plant evaluations. He has extensive
experience in Canada/USA and overseas through many assignments in South America, Mexico, Russia,
Spain, West Africa and Saudi Arabia.
The Company also announces the resignation of Mr. Andres Milla from his position as Independent
Director as of February 3, 2017, for personal reasons. Mr. Milla has been a dedicated member of the
Board of Directors since the Company went public in 2010 and we sincerely thank him for his valuable
service and support.
Candente Gold completes acquisition of 100% interest in the El Oro Project
Pursuant to the Purchase and Sale Agreement (the “Agreement”) entered in to on January 25 th, 2017 with
Desarrollos Mineros San Luis, S.A. de C.V. (“DMSL”), a subsidiary of Goldcorp Inc. (“Goldcorp”) (News
Release 61 dated January 26 th, 2017) Candente Gold has issued 1,000,000 common shares to Goldcorp
and now holds 100% interest in the El Oro Project.
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 silver epithermal vein system in Mexico. Modern understanding of
epithermal vein systems indicates that several of the El Oro district's veins hold multi -million ounce
discovery potential, particularly below and adjacent to historic workings of the San Rafael Vein, which
was mined to an average depth of only 200 metres.
In addition to exploration potential at El Oro, Candente Gold has acquired the Mexican Mine Tailings
Deposit. The Company's current corporate strategy is to process the tailings to generate short -term cash
flow and then focus on remnant high grade mineralization left behind by historic mining and, in the
future, return to exploration concentrating on 31 recently -delineated targets for new mineralized veins or
zones.
Forward-looking Information
This news release may contain forward-looking information (as such term is defined under Canadian
securities laws) including but not limited to the mineral resource estimate for the Mexico Mine Tailings,
the potential for discovery in the El Oro district and other statements that are not historica l facts. While
such forward-looking information is expressed by Candente Gold in good faith and believed by
Candente Gold to have a reasonable basis, they address future events and conditions and are therefore
subject to inherent risks and uncertainties including those set out in Candente Gold's MD&A. Factors
that cause the actual results to differ materially from those in forward -looking information include,
without limitation, gold prices, results of exploration and development activities, regulatory chan ges,
defects in title, availability of materials and equipment, timeliness of government approvals, potential
environmental issues, availability of capital and financing and general economic, market or business
conditions. Candente Gold expressly disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, except
in accordance with applicable securities laws.
On behalf of the Board of Candente Gold Corp.
“Joanne Freeze” P.Geo.
President & CEO
For further information please contact:
Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3
toll free: 1 (877) 689-1964 ext 3
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