Canela Hub

 

The Canela Hub in Region IV of Chile has a track-record for successful mining projects. It is linked to ports and smelters by rail and road infrastructure, is subject to excellent mining legislation, and is serviced by world-class mining contractors.

Cleveland has several Gold/Copper projects in the Canela Hub and exploration has delivered excellent early results.  The projects, which abut one another, are named Agua Fria, Antonia, Matancilla, and Las Tazas.  Two of these projects are held under Letter of Intention Agreements and two are held outright by Cleveland.

Exploration in Chile is set to increase in 2012, with drilling planned for later in the year.