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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 ilafalot2on May 09, 2012 8:34am
235 Views
Post# 19888408

RE: RE: Cherry Picking

RE: RE: Cherry Picking

I said nothing about visible gold.  The mineralised sections are likely distinct in colour and contain the good guy rock.  That is all a geologist needs to know to send rock to the lab.  While the grades are unknown, you are not oing to assay a plain grey core first, for example when its neighbour is black and vuggy.  There is nothing sinister about that --it just makes good sense when time is at a premium.

Negativity is fine in small doses, but let's not forget the big picture.  We may well have a decent deposit with potential for expansion in Majiri Bomba, Kwadijava and other geochemical anomalies to the northwest.  The mining world is full of stories where the satellite deposit outshone the original discovery.

I don't know about yours, but my glass is half full.

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