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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Bullboard Posts
Comment by ilafalot2on Oct 20, 2009 9:09pm
309 Views
Post# 16406099

To Clafify the Drill Locations

To Clafify the Drill Locations As I understand it, they are using the same drill platform to drill two more  holes in different directions.  So it's not like shooting fish in a barrel (I wonder where that expression came from? )  They could very well miss the orebody if they just happen to be sitting on the periphery.

So I am prepping those who are really nervous to relax a little.  Mother Nature is whimsical to be sure, but she does not often leave 200 feet of ore sitting in a barren wasteland.   The deposit could look like a twisted piece of paper, a chocolate layer cake, a big fat egg, the Orian Nebula, or almost anything else if serious geologic events happened in the past.

The important thing is not to panic if the assays form the next two holes do not measure up.  We are in reef country.  South Africa has been the world's largest gold producer for most of the past century until recently (China, can you believe it is now #1)  The Handeni property has never been drilled before!

For your financial wellbeing, take the long view and let the guys in the field figure it out. 
Bullboard Posts