Canuc’s East Sudbury Project which is located 30 km northeast of Sudbury, Ontario is positioned on Ontario Crown Land in a globally competitive Tier 1 Mining Jurisdiction. Ontario Crown Land is public land which makes up 87% of the Province’s inventory and provides opportunities for economic development including resource extraction and mining.

The Ontario government advocates a progressive, pro-development agenda for responsible extractive initiatives with a particular focus on Critical Minerals. The SPJ Project hosts an abundance of Critical Minerals including copper, cobalt, platinum group metals and uranium. These Critical Minerals are found in addition to the gold which is evidenced with the history of gold mining on the property. The significant presence of Critical Minerals has attracted community and government support for development of the SPJ Project.

The SPJ Project is also located on the traditional territory of the Atikameksheng Anishnawbek and the Wahnapitae First Nations and Canuc, and its predecessor company, has engaged in a proactive engagement and consultation. This consultation has resulted in commercial opportunities for the company’s advancement of exploration and extractive initiatives.

Atikameksheng Anishnawbek, formerly known as the Whitefish Lake First Nation, is an Ojibway First Nation of northern Ontario, Canada centered around Whitefish Lake which is located 20 km southwest of Sudbury. Wahnapitae First Nation is also an Ojibway First Nation band but is centered around the northwestern shore of Lake Wahnapitae which is found 30 km northeast of Sudbury. Both of these First Nations have a long history of support for the development of responsible extractive initiatives in the greater Sudbury area and have been key contributors to, participants in, and beneficiaries of the success of a region which has supported Canadian wealth creation and national security across three centuries.