Cancana JV Appoints Director of Sales in Brazil - Seite 2

The focus of current extraction activities is on the Dnei open pit, where the material is particularly amenable to beneficiation through the current wash plant due to the strong argillic alteration of the breccia material. Options to add a primary crusher to the plant are being considered for 2016, so that material with a harder matrix can be effectively crushed to a size that will suit separation by jigging. These results, combined with planned metallurgical testwork on drill core will be of great value for future resource and mining studies.

The plant improvements will allow for more flexibility in the Company's extraction activities. Whilst some large massive blocks have been recovered from Jaburi 2, they cannot be expediently processed through the current plant, needing to be manually broken. The Adesvaldo vein material similarly requires crushing to effectively separate the high tenor manganese mineralization from a harder silicate breccia matrix.

To view Figure 2, please visit the following link: http://www.marketwire.com/library/20151221-CNY-Figure2.jpg.

On behalf of the Board of Directors of

CANCANA RESOURCES CORP.

Anthony Julien, President, CEO and Director

QUALIFIED PERSON

The technical information about the Company's mining activities has been prepared under the supervision of and verified by Dr. Adrian McArthur (B.Sc. Hons, PhD. FAusIMM), a consultant to Brazil Manganese Corporation, who is a "qualified person" within the meaning of National Instrument 43-101.

ABOUT CANCANA

Cancana Resources Corp is focused on exploring and developing the BMC manganese project in Brazil with its joint venture partner Ferrometals BV. The JV is employing a two-pronged strategy at BMC, where the primary objective is to advance the project to an initial resource and onward to feasibility, while also expanding current small-scale production to support those exploration activities. Further information can be found at cancanacorp.com, and bmcorporation.com.br.

ABOUT FERROMETALS

Ferrometals is a privately held mining and metallurgical group. It is a global supplier of essential minerals and micronutrients to the agriculture, steel and manufacturing industries. Building on sustainable and ecologically sound production methods, it is developing specific product lines designed to enhance the yield and growth potential of these industries. Further information can be found at ferrometals.net.