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Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia Zones

Mundo Minero con información de Canuc Resources || 9 de febrero de 2018

Canuc Resources press release || January 9, 2018

Canuc Resources Corporation is pleased to announce initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones on the Company’s San Javier project, Sonora, Mexico.

Mapping and sampling at the Lydia zone has identified a wide breccia zone up to 40 m across and trending NE-SW with a moderate southeasterly dip. Two lines of surface rock samples, located 40 m apart, were collected perpendicular to the trend of the breccias. One line returned 10 m averaging 210 g/t Ag and 5.0 g/t Au, including 6 m of 324 g/t Ag and 7.8 g/t Au. This line is above and roughly parallel with the main Lydia working where a 9 m interval averaged 173 g/t Ag and 0.78 g/t Au. These two mineralized intercepts are about 40 m apart horizontally, or about 70 m down dip. The other line contains two separate zones, about 8 m apart, that averaged 244 g/t Ag, 2.27 g/t Au and 99 g/t Ag, 0.36 g/t Au—each over 4 m widths.

At Carranza zone, a 4 m interval, located east of the 11 m section that averaged 238 g/t Ag and 0.72 g/t Au (2013), yielded 100 g/t Ag and anomalous Au. Twenty-five metres to the south occurs a 6 m interval that averages 162 g/t Ag and 0.83 g/t Au.

“These results confirm continuity of high grade mineralization along trend at San Javier. We are very pleased with the higher gold numbers found at the Lydia zone which has been sampled over a 10 metre section on surface. Internal to this section, there appears to be 6 metres evidencing substantially higher gold and silver grades. As first identified in our drill program during 2017, the defining characteristic of our San Javier property appears to be the higher relative grades,” stated Hub Mockler, Executive Chairman.

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