Tuesday 18th June 2019

Resource Clips

Canaco reports Tanzania Gold Assays up to 3.9 g/t over 59.4m

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. Results include

6.26 g/t gold over 12.6 metres (including 11 g/t over 6.3 metres)
3.98 g/t over 59.4 metres (including 12.13 g/t over 7.7 metres)
11.54 g/t over 5.6 metres
5.27 g/t over 29.3 metres (including 13.03 g/t over 8.4 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.

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Meghan Brown
Director, Investor Relations

by Ted Niles

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