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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

Comment by infoseeker99on Jul 31, 2012 9:42am
222 Views
Post# 20168380

RE: IKE

RE: IKE

Ike,  If you do talk to them can you ask them when the esteemed Dr Groves got a clue that this was not the deposit he won an award for. Was it when he realized that 154 of 469  or 33% of the holes drilled on Magambazi came up "no significant results" or when 212 of 249 or 85% of regional drill holes came up with "no significant results"  It does not seem like the deposit they put out the early "glowing" NR's about does it. And also ask why is Dr Groves still employed after an 85% miss rate on regional drill holes? Did he base the drill locations on anything more than just a guess?  Seems to me they could have had a better result using your doggie to find drill locations. it also seems to me that if you are wrong 85% of the time you would be fired from most jobs.  ALL IMHO

 

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