Can-Cal Resources Ltd.
OTC Bulletin Board : CCRE

Can-Cal Resources Ltd.

January 09, 2007 09:00 ET

Can-Cal Resources Ltd.-Announced That E.R.S. Ltd. Has Concluded Preliminary Testing

LAS VEGAS, NEVADA--(CCNMatthews - Jan. 9, 2007) - Ronald D. Sloan, Chairman/C.E.O. of Can-Cal Resources Ltd. ("the Company") (OTCBB:CCRE), announced today that E.R.S. Ltd., a Cyprus Corporation ("ERS"), has advised the Can-Cal Board of Directors that they have concluded their preliminary testing and assaying of the company's Pisgah material. The testing, which was performed in Israel, and the assaying, which was performed in Italy, was done on samples taken from Pisgah and Wikieup tonnage shipped to Israel by E.R.S.. E.R.S. advised Can-Cal that it is satisfied with the precious metal recovery it has made and believes that metals can be recovered and produced economically and therefore wish to proceed with an agreement in principle.

However, before any agreement in principle can be entered into a number of issues must be resolved to the Company's satisfaction including review of the extractive processes utilized by ERS and verification of the results, the adequacy of financing, personnel, permitting, timing and related issues.

In the interim, in addition to the E.R.S. program, the Company is continuing to explore and test various treatment and extractive processes with the assistance of qualified consultants. The Company is encouraged with the results to date and will publish analytical results in the near future.

About Can-Cal

Can-Cal is an emerging precious metals exploration company actively engaged in identifying commercial mining opportunities.

"Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important factors that should be considered is contained in the company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law."

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