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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canada-based precious metals focused exploration and mining company. The Company is engaged in two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned advanced-exploration stage Caballo Blanco project located in the state of Veracruz. The Pinos Project is situated in the central part of the Mexican Republic, adjacent to the municipality of Pinos, in the south-eastern portion of Zacatecas. The Project is approximately 80 kilometers (kms) west from the city of San Luis Potosi and approximately 140 kms east from Zacatecas, the State capital. It consists of around 3,816 hectares comprising over 29 concessions. The Caballo Blanco Project is situated on the eastern coast of Mexico in the state of Veracruz, around 65 km northwest of the city of Veracruz. It covers over 9,650 hectares (ha) comprising over 14 contiguous mining claims. Its subsidiary is Minera Apolo SA de CV.


TSXV:CAND - Post by User

Comment by bishop13on Jun 03, 2011 5:47pm
531 Views
Post# 18669995

RE: RE: Ezana Mining Development

RE: RE: Ezana Mining DevelopmentNo comment on Ethiopia Ike, other than the Chinese influence can't hurt. Still nice to get a dividend, particularily when that wasn't the motivation why we invested in Canaco. Anyways I had a brief conversation with Nick today, I get the impression that momentum should kick up again next week and continue into the AGM. Expecting one to two releases every couple of weeks, throughout the summer. My hunch, the first of many... next week. A deciison from the ministry on the appeal of the disputed land could come at anytime. The ownership is a non issue as they continue working the property, punching the heck out of the resource. . Even though the appeal is against the gov't,, Canaco sp should get a boost, when the appeal is thrown out. Big board application should be resubmitted shortly after the special meeting. With conditional approval granted a few months ago, graduation day should come in a very reasonable time. Have a good weekend!
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