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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 bishop13on Jun 03, 2011 5:47pm
533 Views
Post# 18669995

RE: RE: Ezana Mining Development

RE: RE: Ezana Mining DevelopmentNo comment on Ethiopia Ike, other than the Chinese influence can't hurt. Still nice to get a dividend, particularily when that wasn't the motivation why we invested in Canaco. Anyways I had a brief conversation with Nick today, I get the impression that momentum should kick up again next week and continue into the AGM. Expecting one to two releases every couple of weeks, throughout the summer. My hunch, the first of many... next week. A deciison from the ministry on the appeal of the disputed land could come at anytime. The ownership is a non issue as they continue working the property, punching the heck out of the resource. . Even though the appeal is against the gov't,, Canaco sp should get a boost, when the appeal is thrown out. Big board application should be resubmitted shortly after the special meeting. With conditional approval granted a few months ago, graduation day should come in a very reasonable time. Have a good weekend!
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