THE COMPANY
Can-Cal Resources Ltd. (“Can-Cal”), incorporated in Nevada, is engaged in the acquisition and exploration of precious metals and mineral properties. The Company is currently focused on its patented mineral property in the southwestern United States (Pisgah Crater in California). For many years Can-Cal was a publicly traded on the OTCBB under the ticker symbol “CCRE”. On January 4, 2021 the SEC made a final decision to delist the company effective January 5, 2021.
PISGAH CRATER
The Pisgah Crater property is comprised of approximately 120 acres of volcanic cinder ore located approximately 40 miles southeast of Barstow, California on a patented mining claim. The land and mineral rights are 100% owned by Can-Cal. California issued a permit to mine Pisgah Crater cinders until 2048. The permit is fully in Can-Cal's name and Can-Cal has chosen to retain the rights to mine for agricultural purposes itself and contract industrial/precious metals mining out to a third party.
Can-Cal holds 100% of the mining rights to mine Pisgah Crater cinder for agricultural use and is developing markets for sustainability-focused agriculture engineered cinder solutions that are designed to increase soil moisture retention, reduce or eliminate the need for synthetic-based fertilizers, and enable CO2 sequestration in soils.
Can-Cal has contracted Archemetrix Mineral Resources LLC ("AMR") for the extraction of industrial and precious minerals from the ore. AMR and Can-Cal are currently jointly permitting all mining activities. AMR plans to operate mining activities at Pisgah Crater in 2024 and build greater mining capacity in 2025 and 2026.