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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

Post by bigballer1on Mar 22, 2011 10:19pm
484 Views
Post# 18325502

CANACO TEAM'S NEW STAR!!!!

CANACO TEAM'S NEW STAR!!!!
To my fellow shareholders... Apparently our GEM has a new company that just started trading last week. Castle Peak (CAP). The Company holds a strategic land package in the Ashanti belt adjacent to several producing gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most prolific gold belts in the world with over 150 million proven ounces uncovered and current investment in excess of $2.5 B USD. There 5 operating mines and over 70 million ounces of proven reserves within 100km of there property. Some of these big names include Newmont, AngloGold Ashanti, and Golden Star. Castle Peak has sama management, board and advisors as CAN and they just raised $8 mill and they have a 15000m drill program starting in June. From what I understand the property has already had some work done and artisinal miners have been pulling out chunks grading over 13 gpt. I think people are trying to keep a lid on this one as it does not tarde very much and there is not alot of stock available. These guys obviously know what they are doing and if this was my new baby I wouldnt want to tell the world either. As always, we are encouraged to do our own DD... but in my opinion this one is a no brainer.

https://www.castlepeakmining.com/s/Home.asp
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