Candelaria Mining Corp T.CAN

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

Metals & Mining Gold

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.

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Candelaria Mining Corp

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Post by brial16on Apr 28, 2011 8:59am

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Post# 18499353

Delayed Assay Results Explained

From this mornings News Release.........

"While the drilling operation is running smoothly, the rainy season and unexpected delays with supplies critical to the QAQC process created temporary delays in the processing of drill samples, and there is now a back-log of drill core awaiting assay at the lab. The situation has been addressed, and we anticipate the release of assay results from completed diamond drilling is imminent."

There is the "I" word again.

Dictionary meaning of "Imminent" - likely to occur at any moment

Well, I'm not holding my breath....but I'm not selling my shares either. All the best.

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