Cancana JV Provides Exploration Update for Brazil Manganese Project

Resource Investing News

Cancana Resources (TSXV:CNY) and its joint venture partner Ferrometals BC, together with Brazil Manganese have provided an update on exploration activities. As quoted in the press release: Highlights include: 188 drill holes have been completed to date, totalling over 10,000m. Results during the quarter included: 4.6m @ 22% Mn from 28.8m (Vitalino Prospect) 9.65m @ …

Cancana Resources (TSXV:CNY) and its joint venture partner Ferrometals BC, together with Brazil Manganese have provided an update on exploration activities.
As quoted in the press release:

Highlights include:

  • 188 drill holes have been completed to date, totalling over 10,000m. Results during the quarter included:
    • 4.6m @ 22% Mn from 28.8m (Vitalino Prospect)
    • 9.65m @ 19.3% Mn from 46.55m, including:
    • 1.1m @ 53.5% Mn from 49.05m (Ademir-Vitoria Prospect)
  • 7.15m @ 19.3% Mn from 48.4m (Eduardo Mendes Prospect)
  • A third drill rig arrived on site in May and a fourth is being negotiated. Drilling will focus on an infill and extensional programs.
  • A multi-commodity team has been formed to assess and explore for other metals on the license package.

Anthony Julien, president and CEO said:

Significant progress continues to be made and with a fourth drill rig being negotiated the project continues to accelerate. The current exploration team has been expanded to focus on multiple activities from quarter two, with infill drilling, reconnaissance drilling and multi-commodity exploration all planned.

Click here for the full press release.

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