Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is
pleased to announce that it has commenced mining and excavation of its Manganese
ore thereby establishing commercial mining operations at its Valdirao Manganese
Mine in Espigao, in the State of Rondonia, Brazil. 


Further to our News Release on November 20, 2013, in which Cancana had commenced
the development of the infrastructure needed to support the mining and
excavation of Manganese ore operations, we are now pleased to announce the
development of the infrastructure is now mostly complete and Cancana has
commenced the mining and excavation of Manganese ore. 


Cancana has obtained from the Departamento Nacional de Producao Mineral,
(Department of Mines for Mineral Production), ("DNPM"), a Guia De Utiliacao, or
Trial Mining License, ("Guia"), on its 886241/2011 Manganese claim, known as
"Valdirao". 


Cancana has developed a mining plan that allows for the commencement of mining
and excavation operations at the top of the ridge or the highest point within
the active area of mining, and then will create benches on the slope in which
further mining activity will be undertaken. 


Initially Cancana will be removing large sized cobbles or boulders and
stockpiling this ore. Included in the initial mining and excavation activity
will be the further research and review of the Manganese vein structures and
occurrences. These vein structures will be documented and reviewed for further
consideration, which will enable Cancana to develop a comprehensive mining plan
across multiple properties with increased size. 


Screening of the Manganese ore will be completed in stages. Initially Cancana
will be focusing its efforts on dry screening the Manganese ore to allow for the
initial separation of the larger cobbles and boulder sized ore. Thereafter
further mechanized screening will be required to sort and size the smaller ore. 


Cancana anticipates that this initial dry screening and stockpiling will
continue for approximately two months at which time Cancana will be reviewing
the results of the activity, and considering the next stages of mine
development, geotechnical and geological review, as well as commercial choices. 


Andrew Male, President & CEO of Cancana, commented; "Having personally overseen
the commencement of the development of the infrastructure and mine site
preparatory work as well as now reviewing the commencement of mining and
excavation operations the Company has transformed from a purely exploration
company to an active mining company. We are very excited to see Cancana take
this step, having watched the first excavation cuts take place and seeing some
of the first cobbles being stockpiled was exciting for all those onsite. This
mining and excavation process will be established in a measured manner to enable
Cancana to learn from these activities. This process will help enable the
development of our other properties in the area."


The Company will upload photos and further information to its Facebook page
https://www.facebook.com/pages/Cancana-Resources-Corp/357520034282698 and
Twitter account https://twitter.com/Cancana_Corp.


Cancana Resources Corp. is an exploration stage company that is transitioning
into production with assets in Brazil and Canada. The Company has been seeking
projects that expand its resource base and provide for near term production and
revenue. All available resource reports and information on the Company's
properties are located on the Company website www.cancanacorp.com.


Issued on behalf of the Board of Directors of Cancana Resources Corp.

Mr. Andrew Male, CEO & Director 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. The information in
this news release may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. When used in this release, words such as "estimate",
"expect", "anticipate" and "believe" as well as similar expressions are intended
to identify forward-looking statements. Such statements are used to describe
management's future plans, objects, and goals for the Company and therefore
involve inherent risks and uncertainties. The reader is cautioned that actual
results, performance or achievements may be materially different from those
implied or expressed in such statements, which speak only as of the date, the
statements were made. The Company does not update forward-looking statements
continually as conditions change. We seek safe harbour.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cancana Resources Corp.
+1 403 269 2065
cancana.ir@cancanacorp.com
www.cancanacorp.com

Cancana Resources Corp. (TSXV:CNY)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Cancana Resources Corp. Charts.
Cancana Resources Corp. (TSXV:CNY)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Cancana Resources Corp. Charts.