Cancana Announces Issuance of Preliminary Environmental & Installation Licenses to Build Manganese Processing Plant
Published : June 06, 2013
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Keywords :   Brazil | Canada | Manganese | Market | Water |

TORONTO, ONTARIO--(Marketwired - June 6, 2013) - Cancana Resources Corp. (News - Market indicators) (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 Preliminary Environmental License, ("LP"), and the Installation License, ("LI"), on the Company's 886241/2011 manganese claim.

The issuance of the LP License provides for approval of the initial environmental plan developed by Cancana and in conjunction with its consultants. This is specifically for the Valdirao area within the 886241/2011 manganese claim.

The LI License allows Cancana to establish a processing facility on Valdirao in order to process ore.

These two Licenses are the first step in the full approval process of commencing trial mining and operations. With the LP and LI Licenses approved, these have now been presented to the Departamento Nacional de Produção Mineral, (http://www.dnpm.gov.br/) (Department of Mines for Mineral Production), ("DNPM"), for approval and issuance of the Guia de Utilizacao, (Trial Mining Permit), (Guia). Once this has been issued, the Guia will then be presented back to SEDAM for issuance of the Operating License. The final step in this approval process is the Water License. All of the above steps are needed prior to submission and approval of the Water License.

Once Cancana has received the approval of all of these Licenses then the Company will be able to commence the 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 LP and LI Licenses is another exciting step for Cancana as it transitions from exploration to production. The Valdirao project is a good opportunity for Cancana to develop itself and grow organically from greenfield to brownfield. The permitting and operational development of Valdirao has always been a priority since we completed our exploration program and N.I. 43-101 Technical Reports on the area."

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.

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.

Cancana Resources Corp.
+1 403 269 2065
cancana.ir@cancanacorp.com
www.cancanacorp.com
or
CHF Investor Relations
Jeanny So
Director of Operations
jeanny@chfir.com
Data and Statistics for these countries : Brazil | Canada | All
Gold and Silver Prices for these countries : Brazil | Canada | All

Cancana Resources Corp.

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CODE : CNY.V
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Cancana Res is a gold exploration company based in Canada.

Cancana Res holds various exploration projects in Brazil, in Canada and in Tanzania.

Its main exploration properties are YAMBA LAKE and DASH in Canada, BANTU (CAROLINA) in Brazil and SHINYANGA in Tanzania.

Cancana Res is listed in Canada and in United States of America. Its market capitalisation is CA$ 82.9 millions as of today (US$ 83.8 millions, € 62.0 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.06, and its highest recent level on July 03, 2009 at CA$ 2.00.

Cancana Res has 82 870 000 shares outstanding.

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Financings of Cancana Resources Corp.
10/22/2013Closes on Private Placement
10/10/2013Arranges Estimated $1.0M Share Exchange Financing
11/2/2012Provides Private Placement Update
10/16/2012Announces Proposed Private Placement Financing
Nominations of Cancana Resources Corp.
6/14/2013Provides Default Status Report and Announces Resignation of ...
Project news of Cancana Resources Corp.
10/4/2012Announces Commencement of Initial Work to Establish NI 43-10...
2/10/2011(Dash)Cancana Expands Dash Property
2/8/2007(Bantu (carolina))Another diamond discovery on the Company’s Rondônia claims
1/27/2007(Bantu (carolina))Sola’s Carolina diamondiferous kimberlite in Rondônia shows ...
Corporate news of Cancana Resources Corp.
1/20/2016Cancana JV Reports 2015 Manganese Production, Achieves Recor...
1/14/2016Cancana JV Sells 7,500 Tonnes of Manganese
12/22/2015Cancana JV Appoints Director of Sales in Brazil
12/21/2015Cancana JV Appoints Director of Sales in Brazil
11/6/2015Cancana Secures US$2,000,000 Short-Term Loan
10/20/2015Open Pit Operations at Cancana JV Provides Further Confirmat...
10/6/2015Cancana JV Expands Land Package and Adds Second Drill Rig at...
9/30/2015Open Pit Operations at Cancana JV Provides Further Confirmat...
9/22/2015Cancana and Ferrometals Provide Exploration Update on Mangan...
9/16/2015Cancana’s Manganese JV to Expand Capacity to 50,000 Tonnes p...
9/16/2015Cancana's Manganese JV to Expand Capacity to 50,000 Tonnes P...
7/21/2015Cancana Resources Provides Q2 Results - BMC JV Increases Qua...
7/21/2015Cancana Resources Provides Q2 Results-BMC JV Increases Quart...
6/30/2015Cancana JV Completes Comprehensive Aerial Geophysics Survey
6/23/2015Cancana JV Completes Comprehensive Aerial Geophysics Survey
2/20/2015Cancana Outlines Comprehensive 2015 Exploration and Developm...
2/5/2015Cancana Reports Brazil Joint Venture 2014 Manganese Producti...
1/19/2015Cancana Announces Disposition Of Mlb Mining Claims, Executio...
12/23/2014Cancana Announces Closing of US$1.5 Million Convertible Debe...
12/22/2014Cancana Announces Disposition of MLB Mining Claims, Executio...
12/22/2014Announces Disposition of MLB Mining Claims, Execution of Sha...
10/27/2014Cancana Provides Q3, 2014 Update on Operations of Brazil Man...
10/27/2014Cancana Provides Q3, 2014 Update on Operations of Brazil Man...
10/10/2014Cancana Provides Update on Brazil Manganese Corporation
9/15/2014Cancana's Joint Venture Brazil Manganese Corporation Closes ...
7/31/2014Cancana Announces Results from Annual and Special Shareholde...
7/21/2014Cancana Announces Departure of CEO and Appointment of Interi...
6/20/2014Ferrometals Converts Debenture of Cancana Resources Corp.
6/20/2014Ferrometals Converts Debenture of Cancana Resources Corp.
5/8/2014Cancana Provides Update on Mining Operations at Valdirao
5/8/2014Cancana Provides Update on Mining Operations at Valdirao
4/29/2014Cancana Announces Extension of Warrants and Amendment to Gra...
4/29/2014Cancana Announces Extension of Warrants and Amendment to Gra...
4/28/2014Cancana Announces Grant of Stock Options
4/28/2014Cancana Announces Grant of Stock Options
4/24/2014Cancana Shareholders Approve Rio Madeira Joint Venture and C...
4/16/2014Cancana Announces Deferral of a Resolution from Upcoming Spe...
9/27/2013Announces Extension to Share Purchase Agreement With Rio Mad...
8/30/2013Announces Land Lease Agreement & Lifting of MCTO
7/15/2013Announces Issuance of Trial Mining License
6/25/2013& Rio Madeira Update to Share Purchase Agreement
6/6/2013Announces Issuance of Preliminary Environmental & Installati...
5/31/2013Applies to Alberta Security Commission for Management Cease ...
4/30/2013& Rio Madeira Agree to Extension of MOU
3/21/2013Announces CDN$25,000,000 Offering & Agents
3/9/2013Shareholder Update - Cancana Issues New Date for Annual Gene...
2/16/2013Announces Strategic Plan to Spin Off of Its Gold and Diamond...
1/31/2013Closes on Private Placement & Announces Appointment of Presi...
1/15/2013Files NI 43-101 Phase 2 Technical Report on High Grade Manga...
1/15/2013Files NI 43-101 Phase 2 Technical Report on High Grade Manga...
1/15/2013Files NI 43-101 Phase 2 Technical Report on High Grade Manga...
1/7/2013Exploration Update
9/19/2012Announces 36% Increase to Claim Package
7/15/2011Renegotiates Agreement With Amazon
4/27/2011Commences Application for Trial Mining Licences
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