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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 ilafalot2on Jul 16, 2011 12:51pm
394 Views
Post# 18838825

Hole 107 Revisited

Hole 107 RevisitedIn February the company reported 48.3 m of 7.2 gms.  This has been refined in the latest release to include 17.5m of 14.6 gms.
I guess the question is:  Are we (a) encouraged by knowing that there is a high grade section within the interval, (b)disappointed to know that the whole interval is not 7 gms minimum, or (c) indifferent by knowing that an assay will never be uniform over such a long interval?

I choose (c).  Anybody else care to comment?
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