Tuesday 18th June 2019

Resource Clips

Canaco reports Tanzania Results up to 5.37 g/t Gold over 43.4m

Resource Clips - essential news on junior gold mining and junior silver mining(Update: Effective April 9, 2013, Canaco Resources Inc began trading as Orca Gold Inc TSXV:ORG.)

Canaco Resources Inc TSXV:CAN announced assays from its Magambazi Gold Project in Tanzania. Highlights include

5.37 g/t gold over 43.4 metres
(including 9.37 g/t over 19.6 metres)
2.9 g/t over 12.5 metres
(including 9.77 g/t over 2.8 metres)
1.56 g/t over 19 metres
(including 2.92 g/t over 5.5 metres)
1.85 g/t over 17.6 metres
(including 6.24 g/t over 2.8 metres)
3.36 g/t over 6 metres
3.18 g/t over 5.6 metres

Magambazi is one of two contiguous claims forming the Handeni Gold Project. Canaco has an option to acquire a 100% interest in Magambazi subject to payments of US$180,000 over two years for exploration rights and $1.8 million to acquire a 100% interest subject to a 2% NSR. Canaco owns 100% of the Kilindi claim.

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Meghan Brown
IR Director

by Greg Klein

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