Candelaria Mining Corp. announced the award of the drill permit for a focused infill program at the Company's 100%-owned Pinos Gold Project in Zacatecas, Mexico, and provides a general corporate update. A drill permit application was also submitted in late December for the Company's flagship property at Caballo Blanco in Veracruz, Mexico.

This initial Phase 1 drilling program will comprise approximately 7,000m and provide the first tests of each of the high priority targets within the highly prospective gold-copper epithermal /porphyry district. A second phase will then build upon these results, and also include resource expansion drilling at the most advanced PEA-level project within the region, La Paila. During 2022 it is expected that total drill metres of 14,000 – 15,000m will be completed, along with a variety of other exploration activities.