Candente Gold Receives Test Results From Sun River Gold on Mexican Tailings Project

Vancouver, British Columbia / TheNewswire / September 21st,, 2016. Candente Gold Corp. (TSXV:CDG) (“Company”) is pleased to announce that Sun River Gold (“SRG”), has delivered test results and advised the Company that it has identified a treatment process which it believes could be the basis for a gold and silver recovery operation on the Company’s Mexico Mine tailings project in El Oro, Mexico (the “Tailings Project”).

In March 2016, the Company and Sun River Gold Corp. a private Nevada corporation, entered into an agreement (the “Agreement”) granting SRG the right and option to earn a 51% interest in the Tailings, upon developing and demonstrating, at its own cost, an economically viable process for treatment of the Mexico Mine tailings which achieves an internal rate of return that meets the Company’s criteria for development and making certain required payments , subject to receipt of regulatory approval (See News Release #053 dated March 8th, 2016).

Leave a Reply