VICTORIA, BRITISH COLUMBIA--(Marketwire - April 19, 2011) -Cancana Resources Corp. (TSX VENTURE:CNY) (PINK SHEETS:SORSF) (the "Company" or"Cancana") is pleased to announce it has increased the size and number of itsManganese claims in the State of Rondonia, Brazil.
Maio Mineracao, ("Maio"), is the trading name of a wholly owned Braziliansubsidiary of Cancana named M.L.B. De Nogueira Mineracao, ("MLB"). Maio hastoday acquired a potentially high grade Manganese claim covering 354.67hectares.
This additional Manganese claim will bring the total area of Manganese claimsheld by Cancana to 11,902 hectares. All of the claims are located in the Stateof Rondonia, Brazil and are easily accessible.
The early stage, non technical assessment, of the grade and quality of theManganese mineralization contained in this claim should be comparable to that ofthe existing claims and surrounding claims held by other related and unrelatedparties. The grade being reported to the DNPM at the adjacent mining operationsat Rio Madeira Comercio Importacao e Exporatacao de Minerios LTDA (as reportedearlier) and other various claims, demonstrate an average grade of 52%Manganese.
Cancana intends to conduct a geotechnical review of this claim and other ofits Manganese claims within the next 3 months and these will be reported whenthey have been completed.
Director & CFO, Mr. Andrew Male remarks; "We are pleased to have securedthis additional mineral claim as it falls into the corporate plan of securingnear term production assets that have an opportunity for greater exploration. Atthis time our Manganese land or claim bank is substantially large enough thatwith appropriate exploration and research we could expect to realize a verysubstantial Manganese asset and future cash flow subject to a positivefeasibility outcome."
Cancana Resources Corp , formerly Sola Resource Corp., is an explorationstage company with assets in Brazil and Canada, has primarily focused ondiamond, manganese and gold resource properties. Recently the Company has beenseeking projects that expand its resource base and provide for near termproduction and revenue. All available resource reports and information on theCompany's properties are located on the Company website.
Cancana continues to provide shareholders with Investor Updates, pleaseensure that you have already registered on the company website, if not pleasevisit www.cancanacorp.com and inputyour name and email address on the home page.
Issued on behalf of the Board of Directors of Sola Resource Corp.
Dr. William (Bill) Pfaffenberger CEO and Director
The information in this news release may contain forward-looking statementswithin the meaning of Section 27A of the Securities Act of 1933 and Section 21Eof the Securities Exchange Act of 1934. When used in this release, words such as"estimate", "expect", "anticipate" and "believe" as well as similar expressionsare intended to identify forward-looking statements. Such statements are used todescribe management's future plans, objects, and goals for the Company andtherefore involve inherent risks and uncertainties. The reader is cautioned thatactual results, performance or achievements may be materially different fromthose implied or expressed in such statements, which speak only as of the datethe statements were made. The Company does not update forward-looking statementscontinually as conditions change. We seek safe harbour.
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