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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

Comment by rockerstaron Feb 24, 2011 10:33pm
233 Views
Post# 18191649

RE: NOTHING WRONG

RE: NOTHING WRONGMeghan Brown was employed at  VENTANA GOLD  prior to coming to CAN.. 
As per today's releases,  This is incredibly great news.  For a company to raise this kind of capital you gotta know Canaco is solid.  This money will now be able to secure many more drills on site and further prove up more tonnage at a much faster pace.  This company is obviously trying to prove up tonnage in a hurry before someone comes in with a hostile take over.  Excellent management, oportunities such as CANACO only come by once every decade.   It may appear that $20 bucks is not far fetched when you figure that we may possibly have 20 mil ounces.  With this kind of capital CAN may even prove up more than 20mil ounces!  Congrats to CANACO and of course all us rich holders!

Rockerstar...................... 
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