Candelaria Mining Corporation – Caballo Blanco Gold Project, Mexico
Candelaria’s 100% owned Caballo Blanco Project hosts NI 43-101 Indicated Resources of 521,000 ounces of gold and 2,170,000 ounces of silver (31,220,000 tonnes grading 0.52 g/t gold and 2.16 g/t silver) and Inferred Resources of 95,000 ounces of gold and 590,000 of ounces silver (8,630,000 tonnes grading 0.34 g/t gold and 2.14 g/t silver). Potential exits to increase these estimated resources through continued drilling and exploration.
Upcoming Catalysts for H1 2018
- Environmental Permitting
- Exploration results from the La Paila 2,000 meter infill drill program currently underway
- Exploration permits for the 7,500 meter Phase I targets drill program
- Optimization studies on the current resource
- Initial exploration results from the 7,500 meter Phase I drill program of the new Highway, Las Cuevas, Bandera Norte and BanderaSur targets.
Visit Candelaria website at http://www.candelariamining.com/