Douglas Lake Minerals Inc DLKM

New Canaco Drill Results

[AU_NB]

Canaco Drills 17.5 Metres at 7.29 Grams Per Tonne Gold80 Metres West of Known Mineralization at Magambazi, Including 4.5Metres at 17.42 Grams Per Tonne Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 05/05/11) - Canaco Resources Inc. (TSX-V:CAN - News)("Canaco" or the "Company") is pleased to report new results from fiveextension and infill diamond drill holes on the Magambazi zone at theCompany's Handeni project in Tanzania. Highlights from the new drillresults include:

Hole From (m) To (m) Interval (m) Au (g/t)  

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MGZD123(1) 23.0 25.7 2.7 2.38  

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53.0 61.0 8.0 2.60  

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76.0 80.0 4.0 4.45  

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98.0 107.4 9.4 3.98  

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MGZD127 101.6 114.0 12.4 1.16  

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including 111.0 114.0 3.0 2.43  

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MGZD129 283.0 300.5 17.5 7.29  

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including 296.0 300.5 4.5 17.42  

  

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https://finance.yahoo.com/news/Canaco-Drills-175-Metres-at-iw-79890668.html?x=0&.v=1