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 famaron Aug 15, 2011 3:52pm

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Post# 18944178

Don't forget

Today's estimate is.... so who is talking about 1 to 1.5 MIL/OZ ??

The story line should just keep getting better isn't.

Don't lose sight of this massive gold find, pure manipulation IMHO to acummulate more but the ask is to slim.

7/22/2010 11:33:36 PM | | 363 reads | Post #28434563

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