Candente Gold Appoints Dr. Kenneth G. Thomas to Board of Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/13/13 -- Candente
Gold Corp. (TSX:CDG)(LMA:CDG) ("Candente Gold") is pleased to report
the appointment of Dr. Kenneth ("Ken") G. Thomas to its Board of
Dr. Thomas was until July 2012 Senior Vice President, Projects,
Kinross Gold Corporation. Previously, for 6 years, Ken was a Global
Managing Director and Board Director at Hatch, a leading
international engineering and construction firm headquartered in
Mississauga, Ontario with approximately 10,000 employees worldwide.
From 1987 to 2001, Ken served in progressively more senior roles at
Barrick Gold Corporation ("Barrick"), from Vice President, Metallurgy
to Senior Vice President, Technical Services. At Barrick, he had
direct responsibility for the research and development, engineering,
construction and commissioning of mine surface plants and
infrastructure, including the development of large scale gold
autoclave and roaster facilities at Barrick's Goldstrike mine.
Kens' knowledge of mining in the Americas is extensive, gained
through mine building for Kinross, Barrick and Hatch, and also having
served as the Executive Vice President, Operations and Chief
Operating Officer for Crystallex International Corporation from 2003
to 2005 where he managed mine exploration, operations and projects in
Venezuela and Uruguay.
In addition to his doctorate in Technical Sciences (project
implementation) from Delft University of Technology (Netherlands,
1994), Ken has received several prestigious awards including, Mill
Man of the Year in 1991, Airey Award in 1999 and the Selwyn G.
Blaylock Medal in 2001, all awarded by the Canadian Institute of
Mining, Metallurgy and Petroleum for advances in the mining and
"We are extremely pleased to have Ken join our Board of Directors.
Ken is highly respected in Canadian mining and he brings to Candente
Gold extensive experience in the development and operation of both
large and small mining operations and projects," comments Joanne
Freeze, President and CEO of Candente Gold.
About Candente Gold
Candente Gold's flagship asset is El Oro, a district scale gold
project encompassing one of the largest and most prolific high grade
gold dominant epithermal vein systems in Mexico. The El Oro district
includes 20 veins with past production and more than 50 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 multi-million ounce
discovery potential, particularly below the historic workings of the
San Rafael Vein, which was mined to an average depth of only 200
Candente Gold also holds an extensive portfolio of 100% owned, early
to mid-stage; high and low sulphidation epithermal gold projects in
Peru. Many of these projects have significant exploration completed
and targets ready to be drill tested.
This news release may contain forward-looking statements including
but not limited to comments regarding the timing and content of
upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such
statements. Candente relies upon litigation protection for
CAUTIONARY NOTE TO U.S. INVESTORS
We advise U.S. investors that this news release uses terms that are
not recognized by the United States Securities and Exchange
Commission ("SEC"), including "mineral resources", "measured
resources", "indicated resources" and "inferred resources". The
estimation of measured and indicated resources involves greater
uncertainty as to their existence and economic feasibility than the
estimation of proven and probable reserves. U.S. investors are
cautioned not to assume that mineral resources in these categories
will be converted to reserves. The estimation of inferred resources
involves far greater uncertainty as to their existence and economic
viability than the estimation of other categories of resources. U.S.
investors are cautioned not to assume that estimates of inferred
mineral resources exist, are economically mineable, or will be
upgraded into measured or indicated mineral resources. U.S. investors
are cautioned not to assume that mineral resources in any of these
categories will be converted into reserves.
On behalf of the Board of Candente Gold Corp.
Joanne Freeze P.Geo., President & CEO
Candente Gold Corp.
Manager, Investor Relations
Mobile: +1 (604) 306-8477 or Local: + 1 (604) 689-1957 ext 3
Toll Free: 1 (877) 689-1964 ext 3
Candente Gold Corp.
Investor Relations, Peru
(511) 715-2001 ext 107
(511) 717-1233 (FAX)
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