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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 viper94on May 25, 2011 10:29am
270 Views
Post# 18622548

Go Canaco Go@!!

Go Canaco Go@!!I am excited IKE!! I am to busy to post a meaningful message but I have printed and reviewed ASSAY RESULTS and will provide my comments on them when I can.. but important things out of this are stated in NR from MAY 5..
He added: "The backlog of assays is being cleared up and we anticipate additional drill results will be forthcoming at a steady pace over the next several weeks."


This will fuel the NR line and fire the SP up up and away.


Since the start of the year, Canaco has increased the number of drill rigs at Magambazi from three to six, giving the Company a nominal drill capacity of 8,000 meters per month.


TARGET = $8.00 (we may see an upgrade by TD Newcrest soon)


Long and strong my last purchase of shares was at 5.75 with commisions..

GO CANACO GO@!!
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