Tuesday, April 19, 2011 – VICTORIA, BC, CANADA – Cancana Resources Corp. (TSXV: CNY) (Pink Sheets SORSF) (the “Company” or “Cancana”) is pleased to announce it has increased the size and number of its Manganese claims in the State of Rondonia, Brazil.
Maio Mineracao, (“Maio”), is the trading name of a wholly owned Brazilian subsidiary of Cancana named M.L.B. De Nogueira Mineracao, (“MLB”). Maio has today acquired a potentially high grade Manganese claim covering 354.67 hectares.
This additional Manganese claim will bring the total area of Manganese claims held by Cancana to 11,902 hectares. All of the claims are located in the State of Rondonia, Brazil and are easily accessible.
The early stage, non technical assessment, of the grade and quality of the Manganese mineralization contained in this claim should be comparable to that of the existing claims and surrounding claims held by other related and unrelated parties. The grade being reported to the DNPM at the adjacent mining operations at Rio Madeira Comercio Importacao e Exporatacao de Minerios LTDA (as reported earlier) and other various claims, demonstrate an average grade of 52% Manganese.
Cancana intends to conduct a geotechnical review of this claim and other of its Manganese claims within the next 3 months and these will be reported when they have been completed.
Director & CFO, Mr. Andrew Male remarks; “We are pleased to have secured this additional mineral claim as it falls into the corporate plan of securing near term production assets that have an opportunity for greater exploration. At this time our Manganese land or claim bank is substantially large enough that with appropriate exploration and research we could expect to realize a very substantial Manganese asset and future cash flow subject to a positive feasibility outcome.”
Cancana Resources Corp , formerly Sola Resource Corp., is an exploration stage company with assets in Brazil and Canada, has primarily focused on diamond, manganese and gold resource properties. Recently 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.
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For further information about Cancana Resources Corp., please visit the Company’s website or contact the Company at +1 403 269 2065 or preferably email: firstname.lastname@example.org
Issued on behalf of the Board of Directors of Sola Resource Corp.
Dr. William (Bill) Pfaffenberger CEO and Director