Cancana JV Appoints Director of Sales in Brazil

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 21, 2015) - Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") and its joint venture partner Ferrometals, together Brazil Manganese Corporation ("BMC"), announced the appointment of Ms. Yuki Yamamoto as Director of Sales.

Anthony Julien, President & CEO of Cancana stated, "We are very excited to welcome Yuki to the BMC team. Yuki is a seasoned Brazilian mining executive with 20 years experience marketing and selling manganese internationally and in Brazil. Her impact was felt immediately with sample shipments to be delivered immediately to the second largest ferromanganese producer in Brazil."

Ms. Yamamoto has tremendous experience in manganese, having worked for Buriturama, the second largest manganese producer in Brazil, and Sumitomo, one of the world's largest integrated metals trading companies. Ms. Yamamoto is a Brazilian citizen and holds an MBA and degree in Chemical Engineering.

Operational Update: Plants to Operate Through Rainy Season

Numerous upgrades at Jaburi have been completed and the plant is fully operational with two shifts. As per Figure 1 below, roof construction is complete to allow for operation during the rainy season, and new jigs have been installed to improve manganese capture. Rejected material from the Rio Madeira plant can now be reprocessed with the new jigs for further manganese extraction.

To view Figure 1, please visit the following link: http://www.marketwire.com/library/20151221-CNY-Figure1.jpg.

Manganese Extraction from Primary Veins

Operations have exposed vein positions in addition to the previously disclosed open pit at Dnei, including Jaburi 2, Adesvaldo, and Zenilda, an extension of Dnei. The mining faces being exposed are providing useful information on vein style and geometry. Some structures are quite discrete, whereas others have broad stringer and stockwork margins. Different degrees of marginal argillic alteration are observed from prospect to prospect. A number of structures can be seen to taper up-dip (refer to photo from Jaburi 2 below in Figure 2), which has important implications for exploration as not all thickened vein zones may have clear surface expression.