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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
Post by stalwart1on Dec 17, 2009 6:36pm
532 Views
Post# 16599093

the way i see it.....

the way i see it.....is after speaking with the company today there shouldn't be to much more down side risk. holes 1-13 went to labs at the same time and the first hole was received within 24 hours and others came back after a week and then the balance trickled in there after. So in saying this we should be aware that hloes 13-17 went off to the lab just over a week ago, which means we should see results approx 1st week of jan. Also holes 18-20 are finished and being prepared to be sent to the lab. Furthermore can has just received an additional cash sum of 1.3 million dollars from candente  and finally the really have not figured out how many holes will be drilled on the property but they want to drill drill and drill this deposit.
GLTA
Bullboard Posts