Cancana Announces Receipt of Operating License
June 18 2013 - 9:49AM
Marketwired Canada
Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is
pleased to announce that the Secretaria de Estado do Desenvolvimento Ambiental,
(State Secretariat for Environmental Development), ("SEDAM"), has issued the
Operating License ("LO") on the Company's 886241/2011 manganese claim.
The issuance of the LO or Operating License provides for approval for mining
operations and ore washing plant that will be developed by Cancana and its
consultants. This is specifically for the Valdirao area within the 886241/2011
manganese claim.
As reported on June 6, 2013, Cancana has already been issued Preliminary
Environmental License, ("LP"), and the Installation License, ("LI"), and now the
LO or Operating License. All of these have all now been presented to
Departamento Nacional de Producao Mineral, (Department of Mines for Mineral
Production), ("DNPM"), for approval and issuance of the Guia de Utilizacao,
(Trial Mining Permit), or ("Guia"). Once the Guia has been issued the final step
in this approval process is the Water License.
Cancana is now able to commence the development of infrastructure and
preparatory work needed in order to establish operations. At this time Cancana
is working with its consultants in order to complete the planning for the
infrastructural requirements to commence operations.
Andrew Male, President & CEO of Cancana, commented; "The issuance of the
Operating License is another step in this process of becoming fully permitted.
At present we continue to work with our Consultants to complete the plans for
the development and installation of a mining and production facility and look
forward to receipt of the Guia and Water Permit shortly."
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.
Issued on behalf of the Board of Directors of Cancana Resources Corp.
Mr. Andrew Male, CEO & Director
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
Or, preferably, email: cancana.ir@cancanacorp.com
www.cancanacorp.com
CHF Investor Relations
Jeanny So
Director of Operations
jeanny@chfir.com
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