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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

Post by muckermanon Nov 01, 2010 11:45pm
460 Views
Post# 17643278

no assay results reported

no assay results reportedcan nr dated Sept 17 - states drilling now 4,000 m per month.
 
Sept 17 - announced drill holes 82, 79,77,76

No further results have been reported  and it is now November 1st.

drill collar map from can website shows the discovery zone with markings for the previously drilled holes, previously highlighted holes, and holes from Sept 17 release.

it does not show drill collars for additional drilling in the heart of the gold deposit......

The results that were announced on Sept 17th were from infill drilling (blocking out ore).

"The new results from Magambazi Central are from 80m spaced infill drilling of sections previously spaced at 120 to 200 metres and prove the continuity of the Magambazi Main Lode"

I have a hard time believing that canaco has stopped all infill drilling of the mail high grade deposit especially after announcing 4000 metres of drilling per month.

Could the assay results be delayed as the section being drilled could belong to soc?

We all need the exact location of the the soc land package.....
 
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