Hey guys I found this article talking about Joanne and about Candentes relationship they have with the locals. Candente has helped the locals out quite a bit building a school, a medical facilty and also hiring the locals whenever they can. Read it. Lawrence Roulston talks very highly of Joanne and how she works with the locals. I have a feeling we are going to get the permit.
https://www.goldminerpulse.com/phpBB3/viewtopic.php?f=2&t=19&start=0
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Deep Freeze
Joanne "Joey" Freeze is a wife, mother and a geologist. As president and CEO of a local mining company, she also happens to be sitting on a promising deposit of copper in northern Peru
https://www.bcbusinessmagazine.com/bcb/top-stories/2008/02/01/deep-freeze
By Susan Hollis
February, 2008
More on mining companies in a win-win relationship with developing countries - industry leaders AND a list of how-tos.
https://www.goldminerpulse.com/phpBB3/viewtopic.php?f=2&t=3&p=123#p123
Joanne Freeze has a thing for rocks. The president, CEO and co-founder ofhttps://www.candente.com/s/Home.aspCandente Resource Corp., a Vancouver-based mineral exploration and development company, loves rocks so much she has endured spider venom, carried a gun and slept in grizzly habitats to learn more about them. Or, more specifically, what’s in them.
But Freeze’s passion is born out of pragmatism. Drawing from 30 years of geological experience, Freeze and Candente recently laid claim to what an independent panel of engineers has estimated as somewhere in the ballpark of eight billion pounds of copper in northern Peru. Based on extensive drilling and sampling conducted in 2006, the project is expected to yield pure copper, giving the relatively small company, which has projects in Mexico and Peru, a deep foothold in the mining industry. (emphasis added)
Candente has also been lauded by the Peruvian government for its socially and environmentally progressive approach to mining. “I think that we’re all put on this earth to help each other out, and the minerals that are out there need to be benefiting a lot of people,” says Freeze, known to friends and business associates as Joey. “They need to be benefiting whoever invests in Candente, but also all Peruvians and, of course, the Peruvians who live closest to the site.”
... She wants to better the lives of the Peruvian people and has a natural instinct for protecting the interests of Candente’s shareholders. It all fits into the world Freeze has created for herself: a place filled with exhilarating discoveries as well as defeat, a reality that depends on the whims of the market and the earth’s natural blessings.
“Joey’s geological skills are impressive, and her contacts in the Latin community are very strong. She has shown an excellent ability to move the company forward by getting involved with projects, with raising money and by channelling that money into work that adds to shareholder value,” saysLawrence Roulston, editor of the Vancouver-based mining newsletterResource Opportunitieshttps://www.resourceopportunities.com/s/Home.asp.
... Freeze’s curiosity for the workings of the earth’s crust was a given from the start. “My dad was in the oil business, so I understood the exploration mentality and pioneering and such,” she says, adding that when she entered the mineral-exploration field, women were not a common entity. “I was very lucky that when I started, it was just the right time when people were realizing that women can do it too. The women who were a little bit older than me definitely had a harder time getting jobs. What surprises me is how few women have come into the end of the business that I’m in, as an executive or running a company… In university we were 25 to 30 per cent women, but it’s not 25 to 30 per cent women in the business end now.”
Graduating from the University of Western Ontario in 1978 with a BA in geography and from UBC in 1981 with a BSc in geology, Freeze cut her teeth in mineral exploration across Northern B.C. and Chile before moving to Peru with her family in 1994. Employed as consultants, she and her husband soon had a keen understanding of the geological bounty to be discovered in the area. ... It was during this period that Freeze met Candente co-founder Fredy Huanqui, who at the time was well known in Peru as the “Inca with a Midas touch.” While working with Freeze forArequipa Resources Ltd(DELIST,Venture TSXhttps://infoventure.tsx.com/TSXVenture/T ... AG1=onJune4/08) in Peru, Huanqui was a key player in thediscovery of a large gold deposit. The find, dubbed Pierina after Huanqui’s daughter, sold to Barrick Gold Corp. for about $1 billion in 1996.
“It was one of those phenomenal discoveries of the day; everybody in the industry was talking about it,” says Freeze. “That kind of ties into one of the misunderstandings of the industry. A lot of people seem to think we go to South America because it’s cheaper to mine there, but we go there because it’s very rich in minerals, and most of the ground hasn’t been walked, so there is still a lot to be discovered.”(emphasis added)
Roused by the momentum of the Pierina find, Huanqui and Freeze formedCandentein 1997, just in time for mineral prices to plummet. It was during this period thatCandenteacquired rights for the Cañariaco Norte Copper Deposit in northern Peru. Seven years, 26,000 metres of rock and 82 drill holes later,Candente’s preliminary explorations suggest a significant amount of copper. With improved mineral market prices, the company is now looking at developing the mine single-handedly. Projected costs vary, depending on how the company extracts the copper. It would cost around $142 million to extract the copper through leaching, which has an associated recovery rate of 60 per cent. Milling, which has a recovery rate of 90 per cent, would double the cost. Freeze says they’ll start raising the money through banks and Peruvian pension funds as soon as a feasibility study is wrapped up next year.
“Normally, a small company like ours would have a hard time becoming a development company; we’d just make a discovery and sell it. In our case, we can get into production for a relatively low amount of money, and we’re estimating we should get our payback in one to three years, yet still have a 20-year mine life or more, so that puts us in a pretty good position,” says Freeze. “We don’t need a partner; we can do this by ourselves and we will do this by ourselves unless we get an offer we feel is good for our shareholders.”(emphasis added)
...[b]“We have always understood that you always hire the locals. Right from the beginning we would stay in their homes or rent their horses, and rather than taking a crew from somewhere else, as some companies do, we would use them,” says Freeze. “The way the Peruvians work so hard, you want them to benefit. Any way we can possibly employ them, we do.” Candente has created 200 jobs within the Cañariaco project camp, and the ripple effects include a new school and school supplies, a medical post and a breakfast program for children – all compliments of Candente. This approach to the welfare of the local community won Freeze a gold medal from the Peruvian government for contributing to the development of Peru through entrepreneurial activities, and the Fijet America Corporate Excellency 2005 Golden Trophy “Best of Year 2005.”[/b](emphasis added)
“There is definitely a trend toward mining companies operating in another place being a lot more socially responsible. Certainly Candente is doing an exceptional job – more than most other companies,” says Roulston. “They have a very long history in the country, and Joey has some really strong relationships there. They’re probably more attuned to exactly what’s needed, and they may be more effective at providing what the local communities are in need of.”
AsCandente’s dedication to the future of the Peruvian people deepened, Freeze took steps to ensure Latin investors had a chance to get in on the game. Diving into Peru’s banking and equity-investment world, she told Candente’s tale to a captive audience. When the company listed on the Lima stock exchange in February 2007, it raised US$3.7 million on opening day. (Candente went public on the TSX Venture Exchange in 2000, and today trades on the Toronto Stock Exchange and the Frankfurt Stock Exchange, in addition to the Lima exchange.) It was a vivid example of how a small company driven by a capable president can bridge the broadest of gaps, both cultural and economic.(-- pgs. 88-95)