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Kakanda Purchases Melkior


Kakanda Purchases Melkior Resources Inc.’s Otish Basin Uranium Interests

VANCOUVER, Canada, December 19 2007, – Kakanda Resources Corp. (the “Company”) (TSXV: KRC) is pleased to announce that it has signed a letter of intent to purchase all of the joint venture interest (the “Interest”) of Melkior Resources Inc..(TSXV:MKR) (“Melkior”) with Santoy Resources Ltd. (TSXV:SAN) (the “Joint Venture”) in 1302 mineral claims (approximately 65,000 hectares) in the Otish basin of Quebec. The Interest covers all minerals and metals except Kimberlites in 985 claims which will remain with Melkior. Santoy Resources Ltd will remain the operator of this joint venture project.

The consideration payable by Kakanda for the purchase of the Interests will be $500,000 and 4,000,000 common shares in the capital of Kakanda.

The Interest of Melkior in the Joint Venture consists of a 50% interest in:

  • 1. 972 mineral claims (the “Group A Claims”);
  • 2. 13 mineral claims with a 2% NSR payable to third parties (the “Group B Claims”); and
  • 3. an option to acquire a 66% interest in 317 mineral claims under option with Majescor Resources Inc. (TSXV:MAJ). The option includes a 1.5% NSR payable to Majescor, one half of which can be purchased at any time prior to commercial production for $1 million.

In addition Melkior will retain a 1% NSR on the Group A Claims and a 0.25% NSR on the Group B Claims.

Kakanda is extremely fortunate and excited to partner with such an experienced operator as Santoy Resources and its CEO, Ron Netolitzky, on this very significant acquisition in the Otish basin. Mr. Netolitzky has been very successful in mining exploration with over 30 years of experience and having been directly associated with three major discoveries in Canada that have subsequently been put in to production, including the Eskay Creek Mine.

The joint venture provides Kakanda with a variety of drillable Uranium targets, including two named historical U3O8 occurances from Uranerz-era exploration: the J Robert Boulder Train and the Marc Andre Occurrence.

Kakanda plans to explore the claims for unconformity-type uranium deposits both above and below the basin unconformity surface as well as for Matoush fault-type uranium deposits well above the basin rim. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property in order to generate prospecting targets.

This transaction is subject to due diligence and the approval of the TSX Venture Exchange.

On Behalf of the Board,

Kakanda Resources Corp.

Steve Smith,

President

Kakanda Purchases Ridgestake


Kakanda Purchases Ridgestake Uranium Properties in the Otish Basin

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 18, 2007) – Kakanda Resources Corp. (the “Company”) (TSX VENTURE:KRC) is pleased to announce that it has signed an arms length definitive agreement to purchase 231 mineral claims (approximately 12,200 hectares) in the Otish Basin Area of Quebec.

Under the terms of the agreement Kakanda has agreed to pay $50,000 and issue 200,000 Shares to the property vendor (the “Vendor”). The Vendor will retain a 1.5% Net Smelter Returns on smeltable materials Kakanda will have the option, at any time to reduce the NSR to 1% for a cash payment of $1,000,000 to Ridgestake Resources Inc.

The 231 claim Ridgestake properties lie in the southwestern portion of the Otish Basin. The Ridgestake 1-5 properties (roughly 10,000 hectares) are located directly south of Cameco Corp’s 100% owned claims located on the southern margin of the basin. Ridgestake 1-5 is abutted to the west by Dios Exploration and is roughly 18kms west southwest of the Cami River deposit controlled by UEM (jointly owned by AREVA and Cameco Corp). The Ridgestake properties are bisected by the Eastmain winter road.

Ridgestake 6 (roughly 2,200 hectares) is located approximately 15km northeast of the Cami River deposit, abutted on its northern margin by claims held in a Golden Valley Mines/Lexam Explorations Inc. joint venture located in the central portion of NTS grid 22M13.

The Otish basin is being actively explored most notably at the Matoush Project where Strateco Resources Inc. has recently announced drill hole intersections of up to 2.1 per cent U3O8 over 12.4 metres (Strateco Press Release: December 22, 2006). The property is underlain primarily by sedimentary rocks of the Indicator Formation and it straddles the unconformity contact with the underlying granitic complex. It offers potential for classic unconformity-type uranium mineralization both below and above the unconformity surface.

Kakanda plans to explore the claims for unconformity-type uranium deposits both above and below the basin unconformity surface as well as for Matoush fault-type uranium deposits well above the basin rim. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property in order to generate prospecting targets.

This transaction is subject to due diligence and the approval of the TSX Venture Exchange.

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.

Kakanda Closes Otish-Tichegami


Kakanda Closes Otish-Tichegami and Matoush-North Uranium Property Purchase in the Otish Basin

VANCOUVER, Canada, December 11, 2007, – Kakanda Resources Corp. (the “Company”) (TSXV: KRC) is pleased to announce that it has closed the acquisition of two separate claim blocks totaling 315 mineral claims in the Otish Basin of Quebec (approximately 16,600 hectares) as reported in Stockwatch news December 4, 2007.

Under the terms of the agreement the Company has paid $125,000 and issued 500,000 Shares to the property vendors (the “Vendors”). The Vendors will retain a 2% Net Smelter Returns royalty. The Company will have the option, at any time to reduce the NSR to 1% for a cash payment of $1,000,000.

Following completion of this transaction and the recent Gateau and Hinterland purchases (see Stockwatch news dated July 4, 2007, Nov. 5, 2007, and Nov 13, 2007), the Company now holds 100% interest in 802 claims (approximately 42,600 hectares) in the Otish Basin area of Quebec.

The first claim block called the Otish-Tichegami Property is comprised of 256 mineral claims (approximately 13,500 hectares). The property is located due north of Strateco Resources Inc.’s Matoush uranium deposit, and roughly 5km directly south of the Eastmain Gold deposit. The property’s eastern and southeastern margin runs in contact with the Melkior-Santoy Otish West uranium joint venture.

The second claim block called the Matoush-North Property is comprised of 59 mineral claims (approximately 3,100 hectares). The property is located roughly 10km to the northeast of Strateco Resources Inc.’s Matoush uranium deposit and is abutted on its entire western margin by the southernmost portion of Consolidated Pacific Bay Minerals’ “Rabbit Ears” property.

The Otish Basin is being actively explored most notably at the Matoush Project where Strateco Resources Inc. has recently announced drill hole intersections of up to 2.1 per cent U3O8 over 12.4 metres (Strateco Press Release: December 22, 2006).
The Company plans to explore the claims for unconformity-type uranium deposits both above and below the basin unconformity surface as well as for Matoush fault-type uranium deposits well above the basin rim. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property in order to generate prospecting targets.

On Behalf of the Board,

Kakanda Resources Corp.

Steve Smith,

President

Otish-Tichegami Purchase


Kakanda Purchases Otish-Tichegami and Matoush-North Uranium Properties in the Otish Basin

VANCOUVER, Canada, December 4, 2007, – Kakanda Resources Corp. (the “Company”) (TSXV: KRC) is pleased to announce that it has signed a definitive agreement to purchase 315 mineral claims (approximately 16,600 hectares) in the Otish Basin Area of Quebec.

Under the terms of the agreement the Company has agreed to pay $125,000 and issue 500,000 Shares to the property vendors (the “Vendors”). The Vendors will retain a 2% Net Smelter Returns royalty. The Company will have the option, at any time to reduce the NSR to 1% for a cash payment of $1,000,000.

The Otish-Tichegami Property is comprised of 256 claim blocks (approximately 13,500 hectares). The property is located due north of Strateco Resources Inc.’s Matoush uranium deposit, and roughly 5km directly south of the Eastmain Gold deposit. The property’s eastern and southeastern margin runs in contact with the Melkior-Santoy Otish West uranium joint venture.

The Matoush-North Property is comprised of 59 claim blocks (approximately 3,100 hectares). It is located roughly 10km to the northeast of Strateco Resources Inc.’s Matoush uranium deposit and is abutted on its entire western margin by the southernmost portion of Consolidated Pacific Bay Minerals’ “Rabbit Ears” property.

The Otish basin is being actively explored most notably at the Matoush Project where Strateco Resources Inc. has recently announced drill hole intersections of up to 2.1 per cent U3O8 over 12.4 metres (Strateco Press Release: December 22, 2006). The property is underlain primarily by sedimentary rocks of the Indicator Formation and it straddles the unconformity contact with the underlying granitic complex. It offers potential for classic unconformity-type uranium mineralization both below and above the unconformity surface.

The Company plans to explore the claims for unconformity-type uranium deposits both above and below the basin unconformity surface as well as for Matoush fault-type uranium deposits well above the basin rim. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property in order to generate prospecting targets.

This transaction is subject to due diligence and the approval of the TSX Venture Exchange.

On Behalf of the Board,

Kakanda Resources Corp.

Steve Smith,

President