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 > aquistions

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Comment by thomasriddle75on Jun 05, 2012 10:51am

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Post# 19980925

RE: RE: aquistions

@ squidly

The kind of property I believe you are referring to will either command a price that is prohibitive or it will be sought after by everyone under the sun. Companies that have the luxury of being in this position don't need Canaco's (or anyone else's) money anyway. Besides, why would anyone in their right mind currently in possession of an advanced stage project that they can take to the bank just give it up now?

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Advancing flagship Ishkõday Gold Project in Ontario