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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 infoseeker99on Jul 31, 2012 9:42am
224 Views
Post# 20168380

RE: IKE

RE: IKE

Ike,  If you do talk to them can you ask them when the esteemed Dr Groves got a clue that this was not the deposit he won an award for. Was it when he realized that 154 of 469  or 33% of the holes drilled on Magambazi came up "no significant results" or when 212 of 249 or 85% of regional drill holes came up with "no significant results"  It does not seem like the deposit they put out the early "glowing" NR's about does it. And also ask why is Dr Groves still employed after an 85% miss rate on regional drill holes? Did he base the drill locations on anything more than just a guess?  Seems to me they could have had a better result using your doggie to find drill locations. it also seems to me that if you are wrong 85% of the time you would be fired from most jobs.  ALL IMHO

 

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