Replies to post #21698 on Value Microcaps Junior Miners

[kozuh]

coin, some old news:

Canaco Completes Tanzania Property Consolidation With Agreement With Local Miners

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2007) - Canaco Resources Inc. (TSX VENTURE:CAN) is pleased to announce that the Company has entered into an option agreement with local miners and Magambazi Mines Company Ltd. to acquire a 100% interest in the Magambazi Gold mining licenses, located in the Handeni District, 160 kilometres northwest of the city of Morogoro in the Tanga Region of Tanzania.