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Can-Cal Resources Ltd. Announces Advances Toward Production Batch Testing.


Business Editors

LAS VEGAS--(BUSINESS WIRE)--Oct. 24, 2000

Ron Sloan, President of Can-Cal (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:CCRE CCRE Conseil des Communes et RĂ©gions d'Europe
CCRE Computer Coalition for Responsible Exports
CCRE Cross Cumulative Residual Entropy
CCRE Constrained Chain Rule Expansion
), is pleased to announce the company has advanced in Can-Cal's research and development to a point where a production facility will be secured in the following ten business days.

Additional equipment will now be purchased, and batch test runs will be initiated utilizing the analytical analytical, analytic

pertaining to or emanating from analysis.


analytical control
control of confounding by analysis of the results of a trial or test.
 data that has been acquired for the extraction of gold and platinum group The platinum group (alternatively, the platinum group metals or platinum metals) is a collective name sometimes used for six metallic elements clustered together in the periodic table.  metals.

Can-Cal is working with metal extraction specialists who have previously built and operated economically viable production facilities. The Board of Directors is confident that the future production batch testing will prove successful.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
: Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 provide a "safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" for forward-looking statements that are based on current expectations, estimates and projections, and management's beliefs and assumptions. Words such as "acquired", "confident", "advanced", "prove", "will", "successful", "testing", "batch" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult or impossible to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

Such risks and uncertainties include, but are not limited to, the existence of precious metals Precious Metals

Valuable metals such as gold, iridium, palladium, platinum, and silver.

Notes:
Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal.
 in the company's material, in an amount which permits their production on an economic basis; to produce precious metals on a commercial basis, obtain permits for its operations and pay the costs thereof; and the company's ability to obtain financing necessary to maintain its operations.
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Publication:Business Wire
Date:Oct 24, 2000
Words:291
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