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.

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