Candelaria Mining Corp T.CAN

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

Metals & Mining Gold

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.

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Candelaria Mining Corp

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Post by motionproon Feb 16, 2011 12:16pm

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Post# 18143533

Interesting article on Barrick Africa

I also posted this on the HRC (Helio Resource) board as I think that CAN and HRC represent 2 of the most attractive propertes in Tanznia with Helio having a more advanced project (already a 43-101 out for nearly 1 miilion oz) but Canaco having a grade (so far) that any major will have a hard time ignoring.

I know Helio has a confidentiality agreement in place with Barrick, I would assume CAN has the same thing.

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What is the gold outlook for the rest of 2024?