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Candelaria Mining Corp T.CAN


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

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Post by famaron Jul 29, 2010 7:33am
527 Views
Post# 17306061

CAN Projected Targets

CAN Projected TargetsSo what happens if we prove up more gold and a consistant g/t. Presently we're remaing speculative. For sure a very interesting story is about to be unfolded and small players would have taken their vacation $$ and BMW $$ and run...and then the private jets would then hoover around Magambazi....

David Pett, Financial Post · Wednesday, Jul. 14, 2010

Mr. Earle increased his estimate for the Magambazi deposit to 3.1 million ounces grading 3.4 g/t gold and now models average production of 288,000 ounces per year at total cash costs of US$261 per ounce over a 10-year mine life

Last Trade: 1.66 CAD

Thu Jul 29, 5:58 AM

https://ca.news.finance.yahoo.com/s/29072010/2/biz-finance-eldorado-gold-corp-reports-q2-net-income-60.html

Eldorado mines produced 167,940 ounces of gold during the quarter at an average cash operating cost of $357 per ounce. It sold 172,826 ounces of gold at a realized average price of $1,195 per ounce.

Last Trade: 16.40 CAD

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