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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 canagoldon Apr 05, 2012 5:35pm
298 Views
Post# 19765371

RE: RE: SOC property dispute major concern

RE: RE: SOC property dispute major concern

Guys, according to CAN management SOC is appealing the process, not the decision. I was told by another investor that if SOC was to win the appeal, they are only winning the right to be dismissed by the Minister of Mining again. Long and short of it, SOC management is covering their liability and exhausting their avenues.

The claim was cancelled and it's important to note that the original claim “owner” (Kigoda) is not appealing the decision. He's been paid by CAN is happy.

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