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 > Ounces?

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Comment by infoseeker99on Jul 25, 2011 12:37pm

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Post# 18869007

RE: RE: RE: Ounces?

Andrew Smith is too credible and conservative to simply throw out a number of ounces at this point without a 43-101. It would be nice if a geo tyoe could look at all of the assay results and come up with a figure based on results to date.
Canaco has.
Credible management
approx $130+ million in cash
Dan Earle of TD solidly behind company.
Lots of assays to come
43 -101 by end of year
lots of land with potential for new discoveries.
Some of the shareholders believe this could be a 10+ million ounce deposit.
IMHO the first 43-101 will show 3.5-5 million ounces with lots of upside. (just my guess)
Good luck

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