Kakanda Resources Corp.

Kakanda Resources Corp.
Hinterland Metals Inc.

Hinterland Metals Inc.

April 26, 2007 10:06 ET

Kakanda to Commence Quebec Otish Basin Uranium Exploration

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Kakanda Resources Corp. (TSX VENTURE:KRC) and "OtishU" joint venture partner Hinterland Metals Inc. (TSX VENTURE:HMI) are pleased to announce that Prospectair Inc. has been engaged to complete combined helicopter-borne electromagnetic, magnetic and spectrometer survey over the Euro and Tonka properties in the Otish Mountain area of Quebec. The expected start date of the survey is May 20, 2007 contingent upon snow conditions at that time.

The Otish basin is being actively explored for uranium most notably at the Matoush Project where Strateco Resources Inc. has recently announced drill hole intersections of up to 2.13% U3O8 over 15.2m (Strateco Press Release: February 20, 2007). The Euro property covers the southwest margins of the Paskwati Proterozoic sedimentary basin which is an outlier located 45km southwest of the main Otish basin. The Tonka property is underlain primarily by sedimentary rocks of the Indicator Lake Formation and it straddles the unconformity contact with the underlying granitic complex along the southern margin of the basin. It is also cut by a major northeast-trending fault. Both properties offer potential for classic unconformity-type uranium mineralization both below and above the unconformity surface as well as the fault-type found at Matoush.

The companies also wish to announce that the OtishU joint venture has applied for an additional 262 mineral titles (13,886 hectares) by map designation. This block of staking covers the southeastern margin of the Otish basin. The Ministere des Ressources naturelles has acknowledged receipt of these applications and the joint venture is currently waiting for mineral title certificates to be issued.

Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the preparation of this release.

On Behalf of the Board,

Kakanda Resources Corp.

Steve Smith, President

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above and in the corporation's periodic filings with the British Columbia Securities Commission and the U.S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not intend to update this information and disclaims any legal liability to the contrary.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Kakanda Resources Corp.
    Steve Smith
    (604) 642-0115
    (604) 642-0116 (FAX)
    Email: steve.smith@telus.net