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

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Post by famaron Aug 15, 2011 3:52pm

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Post# 18944178

Don't forget

Today's estimate is.... so who is talking about 1 to 1.5 MIL/OZ ??

The story line should just keep getting better isn't.

Don't lose sight of this massive gold find, pure manipulation IMHO to acummulate more but the ask is to slim.

7/22/2010 11:33:36 PM | | 363 reads | Post #28434563

David Pett, Financial Post · Wednesday, Jul. 14, 2010

Mr. Earle increased his estimate for the Magambazi deposit to 3.1 million ounces grading 3.4 g/t gold and now models average production of 288,000 ounces per year at total cash costs of US$261 per ounce over a 10-year mine life