UPDATE ON THE AUSENCO 2021 PEA ON CAÑARIACO NORTE Practically, they are announcing that their sale or partnership to make the mine is very close.
The Company is very pleased to now have Caariaco Norte included in 4 research reports that compare various global copper projects.
RFC Ambrian: Caariaco Norte in top 10 of 23 projects with potential to involve third party M&A (December 2021); Haywood: Caariaco Norte is one of 18 assets selected as likely to be considered by majors looking to acquire (December 2021); Deutsche Bank: Caariaco Norte identified as one of 3 projects required to meet the upcoming copper supply-demand gap (February 2021); Goldman Sachs: Caariaco Norte identified with incentive copper price in the lowest quartile of the top 84 copper projects worldwide (October 2018).
Both RFC Ambrian and Haywood have noted that Caariaco Norte is the 10th largest late-stage copper resource in the world and 6th highest in grade.
https://candentecopper.com/news-releases/news-releases/2021/update-on-the-ausenco-2021-pea-on-canariaco-norte/