Mr. Christopher Berlet reports
CANUC ACQUIRES THREE MINING CLAIMS
Canuc Resources Corp. has successfully acquired three additional mining claims located within the East Sudbury project (ESP) in the Sudbury, Ont., region. The newly acquired claims total approximately 72 hectares and further expand the company's strategic land position in the area.
The additional claims are situated within the broader East Sudbury project (ESP) mineralized corridor and are considered prospective for critical and precious metals mineralization. The acquisition strengthens Canuc's footprint in one of Canada's most prolific mining jurisdictions and complements the company's existing exploration initiatives in the Sudbury region.
"The acquisition of these claims consolidates Canuc's land position within the East Sudbury project (ESP) and is consistent with our strategy of expanding exposure to highly prospective ground in this globally recognized mining camp," stated Chris Berlet, president and chief executive officer of Canuc Resources.
The company has integrated these newly acquired claims into continuing exploration initiatives, including the upcoming exploration and geophysical programs.
The technical information in this news release has been reviewed and approved by Seymour Sears, BA, BSc, PGeo, a non-independent qualified person as defined by National Instrument 43-101, who is currently managing exploration activity on the ESP.
About Canuc Resources Corp.
Canuc Resources is a junior resource company developing its 100-per-cent interest in the East Sudbury project, which spans 19,782 hectares and is centred approximately 20 kilometres northeast of the prolific Sudbury mining camp and near to the extensive infrastructure of the adjacent Sudbury mining district. ESP encompasses several centres of critical and precious metal mineralization interpreted to be related to a mineral system that can form IOCG (iron oxide, copper and gold) and affiliated critical and precious mineral deposits. Included within the project is the historical Scadding gold mine and associated Scadding gold tailings project.
Canuc also holds a 100-per-cent interest in the San Javier silver-gold project, located in Sonora state, Mexico. The San Javier silver-gold project spans 28 claims covering 1,052 hectares and evidences extensive silver, gold and copper mineralization interpreted to be related to a mineral system that can form silver-dominant IOCG and affiliated deposits.
Canuc generates cash flow from natural gas production at its MidTex energy project, located in central-west Texas, where Canuc has an interest in eight producing natural gas wells and has rights for further in field developments. The company also receives a 4-per-cent net smelter royalty from gold production at the Scadding gold tailings project, located on mining claim LEA 107735 within the ESP property group.
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