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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 stockarchangelon Apr 06, 2011 11:53am
292 Views
Post# 18393448

Lunchtime Due Diligence

Lunchtime Due DiligenceDo you guys realize how big this acquisition is? It is 12X the size of the original Mogambazi property, 50% larger than DLKM's property (which was huge by most standards). To the east, there was only a small swath of maybe 5 or 6 sq.kms bordering Mogambazi, the rest was owned by DLKM. If its contiguous to the current property, it would be safe to assume they purchased north and west. Can't wait to see the map. It very well could be in a completely different area of Handeni.
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