TSX-V: CDA · OTCQB: CNUCF · WKN: A41V6H Canuc Resources Corporation
Corporate Fact Sheet · October 2026Company overview
Canuc Resources Corporation is a Toronto-based exploration company pursuing large-scale IOCG (Iron Oxide Copper Gold) discovery in two world-class mining jurisdictions. It holds two 100%-owned projects: the East Sudbury Project (ESP), covering 20,078+ hectares in the Sudbury Mining District, Ontario, and the San Javier Project (SJP), a silver-dominant IOCG target spanning 1,052 hectares in Sonora, Mexico.
Exploration is supported by three cash flow assets: natural gas and oil production in West Texas, a 4% NSR royalty on the Scadding gold tailings, and a planned high-grade gold bulk-sample startup at Gold Lens 1, Sudbury.
Share metricsAs of Oct 2026
Key investment triggers
High-grade gold, near surface: 1.0 m of 32.1 g/t Au within an 11.5 m interval grading 3.18 g/t Au at Gold Lens 1 (March 2026), following 5.0 m of 10.02 g/t Au (December 2025) and 9.2 m of 8.99 g/t Au.
New gold zone: Ten holes at the East-West Pit Area (Zone 2) intersected mineralized breccia over ~170 m of strike, including 20.0 m of 1.51 g/t Au (September 2026).
Toward a maiden resource: A resource calculation for Gold Lens 1 – 4 and the new East-West Zone, a bulk-sample mine plan and a permit application are scheduled for Q4 2026.
IOCG scale: IOCG deposits range from ~10 million to 4 billion+ tonnes of contained ore. ESP covers four fault zones with historical gold and copper mines; property-wide FTG gravity and NRCan seismic surveys target IOCG drilling.
Cash flow limits dilution: Producing natural gas wells in West Texas and a 4% NSR on 150,000 tonnes of gold tailings (startup Q2 2027) help fund exploration without relying on dilutive equity raises.
Central claims: ESP sits in the Sudbury Mining District beside Vale Canada, Glencore and other majors. SJP lies at the centre of a 10 km copper-gold trend, with Axo Copper and Barksdale Resources on either side.
100% ownership: No JV partners, royalties or encumbrances on ESP. Future discovery accrues directly to Canuc shareholders.
Management & directors
Exploration team
Fact sheet East Sudbury Project
Canuc holds a 100% interest in the East Sudbury Project (ESP), located 20 km northeast of Sudbury, Ontario, in a Tier 1 mining jurisdiction. The project covers 20,078+ hectares (~200 km²) beside Vale Canada, Glencore and other majors, across four fault zones that host historical gold and copper mines. ESP includes the past-producing Scadding and Orostar gold mines, which recovered 26,440 oz Au between 1984 and 1987 at estimated head grades of 7–8 g/t Au. No royalties, no encumbrances.
Gold Lenses & East-West Zone · Au
High-grade gold near surface at Gold Lens 1, including 1.0 m of 32.1 g/t Au (March 2026). The new East-West Pit Area (Zone 2) returned 20.0 m of 1.51 g/t Au over ~170 m of strike. A resource calculation and bulk-sample mine plan are scheduled for Q4 2026.
McLaren Fault Zone · IOCG Cu-Au
The Alwyn copper-gold trend parallels the McLaren Fault Zone for over 12.5 km of strike. Historical drilling returned up to 1.5% Cu and 3 g/t Au. Gravity, mapping and GSC-supported seismic surveys point to IOCG potential; IOCG drilling begins Q4 2026.
San Javier Project
28 contiguous claims over 1,052 ha in Sonora, Mexico, at the centre of a 10 km copper-gold trend with Axo Copper and Barksdale Resources on either side. A large magnetic intrusive target; silver in magnetite exceeds 2,000 g/t Ag, with a historical result of 2,859 g/t Ag from veins (2021). Silver IOCG exploration begins Q4 2026.
Cash flow businesses
MidTex Energy: two producing leases in West Texas with long-life, low-decline natural gas wells and further in-field development rights. Scadding tailings: a 4% NSR on reprocessing 150,000 tonnes of gold tailings, startup planned Q2 2027. Gold Lens 1: bulk-sample high-grade mining application, Q1 2027.
2026 – 27 Catalysts
Seymour Sears, B.A., B.Sc., P.Geo, a non-independent Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical information in this fact sheet. The Company has not established any mineral resource or mineral reserve on the ESP property, and there is no certainty that any mineralization identified to date will be converted into a mineral resource or that any deposit will be economically viable.
Forward-Looking Information. This fact sheet contains forward-looking information, including statements regarding the Corporation’s strategy, plans, exploration programs, production and future financial or operating performance. Forward-looking information is based on current expectations and applies only as of the date made. Actual results may differ materially, and there can be no assurance that forward-looking information will prove to be accurate. Readers should not place undue reliance on forward-looking information.