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“Mining Our Business and Yours.”

Welcome to Can-Cal Resources Ltd.

Can-Cal Resources Ltd. is a public company trading on the O.T.C. Bulletin Board (Symbol: CCRE).

November 6, 2012

Dear Shareholders:

Can-Cal Resources Ltd. (“Can-Cal” or the “Company”) Trading Symbol: NASDAQ OTCBB – “CCRE” is pleased to report continued progress on the Company’s ongoing strategic projects especially in the following areas:

WIKIEUP PROJECT
In the Spring of this year, the Company partnered with the University of Nevada, Las Vegas (“UNLV”) to explore and evaluate Can-Cal’s Wikieup, Arizona properties (the “Wikieup/UNLV Project” or the “Project”). The main objectives of the Project were twofold:

  1. 1. To assess geological trends on current Can-Cal claims and determine the potential of the surrounding claims for future holdings; and
  2. 2. To study and measure the properties geological trends for base and precious metals with an emphasis on defining the porphyry copper mineralization for subsequent drilling targets.
Team Management of the Project’s field work is being conducted by Head Professor of UNLV’s Geology Department, Dr. Jean Cline and Mr. Kevin Meazell, a fourth year UNVL Master’s student (whose role is to define and subsequently collect samples for analytic purposes), and Can-Cal’s consulting geologist, Mr. Luis Vega.

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Projects
Pisgah

Pisgah Property This property is privately owned and is comprised of approximately 120 acres located 10 miles southwest of Ludlow, California.

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Wikieup

Wikieup Property This property consist of 2,400 acres or approximately 3.8 square miles of 115 lode claims located 55 miles south of Kingman Arizona.

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Owl Canyon

Owl Canyon S&S Joint Venture This property is 425 acre joint venture with the Schwarz family, located approximately 23 miles northeast of Baker, California.

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Cerbat

Cerbat Property This property is a 120 acres group of claims located in the Hualapai Mining District about 15 miles north of Kingman.

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Latest News

Can-Cal Completes a Mineral Lease Extraction Agreement with GoodCorp, Inc.

Can-Cal is pleased to announce that it has increased the size of the previously announced US$500,000 non-brokered private placement to US$601,774 and completed the closing of the final tranche. The final tranche consisted of 3,108,314 units (“Units”) at a price of US$0.06 per Unit for gross proceeds of US$186,499. Each Unit consists of one common share (“Common Share”) and one Common Share purchase warrant (“Warrant”). Each Warrant is exercisable into one additional Common Share at US$0.08 per share until April 04, 2014.

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