Canuc Begins Drilling at East Sudbury Project (ESP)

Core Insights - Canuc Resources Corporation has initiated a diamond core drilling program at its East Sudbury Project (ESP) to explore gold mineralization [1][6] - The company acquired 100% ownership of the ESP on May 8, 2025, and has since verified historical gold assay data, identifying multiple gold prospects [2][9] - The drilling program aims to provide infill data for previously identified gold zones, with the goal of calculating a maiden Mineral Resource Estimate for Gold Lens 1 [6][7] Company Overview - Canuc Resources Corporation is a junior resource company with a 100% interest in the East Sudbury Project, which spans 19,710 hectares and is located near the Sudbury Mining Camp [9] - The ESP includes the historical Scadding Gold Mine and is associated with critical and precious metal mineralization [9] - The company also holds a 100% interest in the San Javier Silver-Gold Project in Mexico and generates cash flow from natural gas production at its MidTex Energy Project in Texas [10][12] Drilling Program Details - The drilling program will focus on a well-defined zone of gold mineralization adjacent to the historical North Pit gold mine, with a mineralized zone measuring 80 m x 3 m x 100 m [3][4] - Historical assay results from the mineralized zone show a range from less than 1 g/t to highs of 735.51 g/t, with the best intersection reported at 36.27 g/t Au over 12.27 m [4][5] - A minimum of 15 drill holes are planned for this phase to gather fill-in information for areas not previously tested [4][6]