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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 motionproon May 12, 2011 3:37pm
246 Views
Post# 18568067

I know a couple of you are following already...

I know a couple of you are following already...But Helio is having a good day today.
(v.HRC)

8th highest percentage gainer on the .v today with around 300,000 shares going through.

These guys have 941,000 ounces of gold 43-101 open pit in Tanzania and are doing 20,000 meters of drilling to build on it right now.

Their grades aren't up to the same standard as Canacos so far, but if you comfortable investing in Tanz, these guys should be on your radar one way or the other.

Trading 0.55 right now.
was 0.42.5 this morning.

DYODD.



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