Candente Gold Appoints New Director
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Candente Gold Appoints New Director
Vancouver, British Columbia, June 6th, 2019. Candente Gold Corp. (TSX V:CDG) ("Cand ente Gold”
and/or the “Company” ) is pleased to announce the appointment of Mr. Matthew Melnyk , as Director of
the Company. Mr. Melnyk has been involved in exploration successes throughout Latin America since
2003.
With Aquiline Resources, Aurelian Resources, Titan Mining and others he has performed k ey roles in
major discoveries, resource expansions and acquisitions contributing to $2 Billion in M&A activity. Key
projects in which he played instrumental roles include: Navidad, Argentina ( 750 Moz Ag , 3.5 Blbs Pb ),
Pan American Silver; Fruta del Norte, Ecuador (10 Moz Au), Lundin Group; and Empire State Zinc Mines,
NY (ongoing resource expansion), Titan Mining.
He is currently advancing the Sierra Mojada Project with Silverbull Resources in Northern Mexico and
recently served as Manager of Project Evaluations – Southern Business Unit for Agnico Eagle Mines
Limited (2015 to 2018).
“Matthew brings an expertise in structural geology which allows him to guide the understanding of
many complex structural settings which should be of great value in unlocking the high grade controls at
the Company’s project El Oro in Mexico and we are extremely pleased that Matt has agreed to join us”
commented Joanne Freeze, CEO.
“I am enthusiastic to be joining the Board of Dir ectors of Candente Gold Corp. The El Oro - Tlapujahua
Districts represent a ric h and storied chapter of Mexico’s mining history and I look forward to w orking
with the Candente team in employing modern exploration principles to realize the undiscovered
potential of this unfinished story” commented Mr. Melnyk.
On another matter, the Company announces that Mr. Paul H. Barry is retiring after a long and
distinguished term as Chair and director o f Candente Gold. “Candente Gold is extremely appreciative
for Paul’s leadership, intelligence , sound advice, and many contributions benefiting the Company over
the past five years” commented Joanne Freeze, CEO.
About Candente Gold
Candente Gold’s flagship asset is El Oro, a district scale gold project encompassing a well -known prolific
high grade gold dominant silver 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 th ese veins (Ref. Mexico
Geological Service Bulletin No. 37, Mining of the El Oro and Tlapujahua Districts. 1920, T. Flores *)
Modern understanding of epithermal vein systems indicates that several of the El Oro district’s veins hold
excellent discovery potential, particularly below and adjacent to the historic workings of the San Rafael
Vein, which was mined to an average depth of only 200 metres.
In addition to the hard rock potential, Candente Gold is investigating the potential to recover gold and
silver from the Mexico Mine Tailings which contain an Inferred Resource* of 1,267,400 Tonnes grading
2.94 Au g/t, 75.12 Ag g/t containing 119,900 ounces of gold and 3,061,200 ounces of silver.
Candente Gold is dedicated to being a responsible Community partner.
*Note: Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All
figures have be en rounded to reflect the accuracy of the estimate. For more information see “National
Instrument 43 -101 Technical Report on the Inferred Mineral Resource Estimate of the Mexico Mine
NEWS RELEASE
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Tailings” prepared by Nadia Caira, P.Geo. and Allan Reeves, P.Geo., dated August 25, 2014 with an
effective date of July 8, 2014 available at www.sedar.com.
Joanne C. Freeze, P.Geo., President, CEO and Director is a Qualified Person as defined by National
Instrument 43-101 for the project discussed above. Ms. Freeze have re viewed and approved the contents
of this release.
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
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 information regarding the processing of tailings to generate
short-term cash flow, the potential for discovery in the El Oro district and other statemen ts that are not
historical 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 changes, 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. Canden te 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 and Director
For further information please contact:
Joanne Freeze
President & CEO
Tel: + 1 (604) 689-1957
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