An IOCG discovery company with two projects held 100%: East Sudbury in Ontario and San Javier in Sonora. A mine is planned at the historic Scadding Mine site to help fund exploration.
20,078 hectares held 100% in the Sudbury Mining District, Ontario. One IOCG system with copper and gold together. Gold Lens 1 returned 1.0 m of 32.1 g/t Au within 11.5 m of 3.18 g/t Au.
1,052 hectares held 100% in Sonora. A silver-dominant IOCG target, with silver in magnetite breccia at El Tule on a large magnetic intrusive.
A mine is planned at the historic Scadding Mine site at East Sudbury. It is not yet built; mine planning and permitting work are under way.
MidTex natural gas in Texas and a 4% NSR on Scadding tailings gold add to cash flow, helping fund exploration and limit share issuance.
View the funding modelSelect a layer to see where these metals show up, moving from the outcome the world is building back toward the ground it is built from.
Intelligence before it becomes physical.
Ten holes drilled into the Zone 2 target have intersected mineralized breccia, traced over a strike length of approximately 170 metres.
Read more: Canuc Discovers New Near-Surface Gold Zone at East-West Pit Area (Zone 2), East Sudbury ProjectAn airborne gravity survey over the East Sudbury Project targeting deep discovery potential.
Read more: Canuc Launches Major Airborne Gravity Survey, Targeting Deep Discovery Potential at East Sudbury ProjectCanuc shares are now eligible for electronic clearing and settlement through the Depository Trust Company.
Read more: Canuc Announces DTC Eligibility for Company Shares“We seek to deliver outstanding returns for our shareholders with large-scale discovery of 100% owned Tier-1 gold, copper and critical mineral metal endowments, IOCG classification deposit types, in leading extractive jurisdictions. We also develop profitable cash flow businesses with a view to minimizing share issuance and shareholder dilution.”