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.

TSXV:CAND - Post by User

Candelaria Mining Corp

<< Previous

Bullboard Posts

Next >>

Post by viper94on Feb 23, 2011 3:16pm

277 Views

Post# 18182083

Canaco Drills 48.3 Metres at 7.24 Grams Per Tonne

---------------------------------------------------

                From        To   Interval        Au
Hole              (m)       (m)        (m)     (g/t)   Location
---------------------------------------------------------------------------
MGZD107        204.0     252.3       48.3      7.24    Magambazi
---------------------------------------------------------------------------
MGZD110         31.1      42.2       11.2      3.35    Magambazi North
---------------------------------------------------------------------------
MGZD117        112.3     121.0        8.7     38.76    Magambazi North
---------------------------------------------------------------------------
MGZD118         42.0      59.7       17.7      2.72    Magambazi North
---------------------------------------------------------------------------
MGZD123         98.0     107.4        9.4      3.98    Magambazi
---------------------------------------------------------------------------
MGZD125         90.1     119.5       29.4      1.71    Magambazi North
---------------------------------------------------------------------------
- mineralized true thicknesses are 60-100% of stated thicknesses. The
calculation of drill intercepts employs a 0.3g Au/t cut-off and no
cutting grade has been applied to high gold values.