June 28, 2016 / 1:37 PM / a year ago

BRIEF-Cancana JV to construct 50,000 tonne pilot processing plant

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June 28 (Reuters) - Cancana Resources Corp

* Cancana JV enters into contract to construct 50,000 tonne pilot processing plant

* Pilot processing plant will be located at Jaburi site and is expected to commence operations in early 2017

* Total cost of pilot processing plant is expected to be about C$4.1 million

* Pilot processing plant will be funded by contributions from joint venture partners in accordance with BMC shareholders agreement Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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