TSX-V: CNY

CANCANA >TRACK-MOUNTED DRILL RIG OPERATING AT JABURI PROSPECT
CANCANA > MASSIVE MANGANESE BOULDERS AT RIO MADEIRA PLANT
CANCANA > MASSIVE MANGANESE RECOVERED FROM BMC PROJECT IN BRAZIL
CANCANA > TROMMEL AT RIO MADEIRA PLANT
CANCANA > VEIN EXTRACTION FROM WEATHERED GRANITE WITH BACKHOE, NO BLASTING REQUIRED

Exploration

Cancana and Ferrometals, as joint venture partners, are committed to exploring and delineating a world class, high-grade manganese resource in Rondônia, Brazil. Rondônia is located immediately west of Brazil’s agricultural heartland, Mato Grosso. Much of Rondônia was previously rain forest and has been cleared for agriculture, farming and cattle in recent decades. Farmers cut roads and discovered that the region is abundant with manganese. The area has seen no modern exploration work and it is this opportunity, developing a world class manganese resource, that the joint venture is focused on bringing to fruition.

The Rondônia district hosts structurally-controlled hydrothermal manganese veins. The veins are extremely high-grade (recent sampling program returned an average grade of 54%) and low in heavy metals, which is ideal for agricultural manganese usage. The Company is currently testing whether vein systems have potential to host resources commensurate with the large global deposit analogues such as Woodie Woodie. Excavations confirm that the surface colluvium has been shed from deeper veins and geophysical programs are defining depth extensions for drill targeting.

Q&A with Chief Exploration Geologist Dr. Adrian McArthur