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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 jstinveston Mar 07, 2012 5:28pm
250 Views
Post# 19640434

Reporting Periods:

Reporting Periods:

Fiscal 2012 for Canaco ends on June 30th 2012.

Q3 2012 ends on March 31st 2012

Q2 2012 ends on Dec 31st 2011, etc. Just go to this link and see for yourselves:

https://www.canaco.ca/s/FinancialStatements.asp

Some confusion may have risen from the latest presentation which aims to simplify things (meaning fiscal 2012 ends at Dec 31st 2012 and not June 30th 2012):
https://www.canaco.ca/i/pdf/CANPresentation.pdf

Page 18 states the following:

"Complete initial resource estimate at Magambazi – end of Q1" - - March 31st 2012
"Complete comprehensive metallurgical test work program – end of Q1" - - March 31st 2012
"Complete Magambazi PEA – end of Q3" - - Sept 30th 2012

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