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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Comment by infoseeker99on Jan 09, 2012 2:43pm

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Post# 19383090

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Not a

Easymoney, I would certainly like to see 4 million indicated and 3.5 inferred, but I don't think we will get that on the initial 43-101. The market is certainly not vauluing CAN at 4 million oz presently. My quess is that the initial 43-101 will show 2-2.5 million oz in the indicated and another 1 million oz in the inferred.

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