Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia Zones
Toronto, Ontario--(Newsfile Corp. - February 8, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") 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,...
2018-02-08 9:00 AM EST
Canuc Announces Vertical Amalgamation
Toronto, Ontario--(Newsfile Corp. - January 30, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has completed a vertical amalgamation (the "Vertical Amalgamation") with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario). The Vertical Amalgamation did not require shareholder approval and was completed to simplify the corporate structure of Canuc. No...
2018-01-30 9:00 AM EST
Canuc Announces Breccia Discovery
Toronto, Ontario--(Newsfile Corp. - January 9, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide an update on exploration at the San Javier Silver-Gold Project in Sonora State, Mexico. Several breccia targets have been exposed and sampled between Carranza ("Carranza Breccia") to the SW and the Little Pit to the NE, a distance of over 1,500 meters. The Company has more than 400 samples in the laboratory, and complete results are expected by early...
2018-01-09 9:00 AM EST
Canuc Closes Private Placement
Toronto, Ontario--(Newsfile Corp. - November 27, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces that it has closed a non-brokered private placement financing with gross proceeds of $464,934, resulting in the issue of 1,162,335 units ("Units") at a price of $0.40 per Unit. Each Unit consists of one common share ("Common Share") of Canuc and one-half of one warrant to purchase one Common Share. Each whole warrant ("Warrant") entitles the holder to purchase...
2017-11-27 9:00 AM EST
Canuc Announces Strategic Title Acquisition and Breccia Targets
Toronto, Ontario--(Newsfile Corp. - October 24, 2017) - Canuc Resources Corporation ("Canuc" or the "Company") (TSXV: CDA) is pleased to announce that the Company has entered into a definitive agreement (the "Agreement") to acquire title to a mining concession which has an area of 151.1443 hectares (the "Concession") from Minerales y Carbones de México S.A. de C.V. ("Carbones"). The Agreement calls for Carbones to transfer title to the Concession for total consideration of US$100,000 (the...
2017-10-24 8:00 AM EDT
Canuc Samples High Grade Underground and Confirms Mineralized Breccia on Surface
Toronto, Ontario--(Newsfile Corp. - October 12, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") reports high grade silver and gold assays from recent sampling of underground workings and from the Carranza breccia zones exposed on surface, nearby. A 3-D modeling exercise indicates a concentration of higher grade silver and gold results in underground workings either side of a north-south fault that cross cuts the Santa Rosa mine workings. A program of check sampling...
2017-10-12 9:00 AM EDT
Canuc Announces Drill Hole 3 Intersects High-Grade Silver 1,514 g/t (50 oz. /ton)
Toronto, Ontario--(Newsfile Corp. - October 4, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces that drill hole SJ17-003 has intersected high-grade silver with meaningful gold, lead and zinc credits. Drill hole number 3 intersected the Santa Rosa vein (SRV) in two separate splays. The lower splay, from 138.77 to 140.25 meters, averaged 1,514 g/t (50 oz. /ton) silver, 2.91 g/t gold, 4.18% lead and 5.6% zinc over 1.48 m. The upper splay, from 128.5 to 128.87...
2017-10-04 9:00 AM EDT
Canuc Resources Corporation Announces First Drill Results at San Javier
Toronto, Ontario--(Newsfile Corp. - September 12, 2017) - Canuc Resources Corporation (TSXV: CDA) announces initial results from the Phase I drill program being conducted on the Company's San Javier Silver-Gold Project in Sonora State, Mexico. A total of 7 holes have been drilled, testing the Santa Rosa vein (SRV) over a strike length of 430 m northeast-southwest. The SRV has been confirmed in all holes for a current strike length of 430 m and is open to the northeast, southwest and at depth....
2017-09-12 9:00 AM EDT
Canuc Resources Corporation: Drilling Starts at San Javier Silver-Gold Project
Toronto, Ontario--(Newsfile Corp. - July 6, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce the start of drilling at the San Javier Silver-Gold Project in Sonora, Mexico. The first of 9 drill holes from a proposed 3,000 metre drill program has been started at the historic Santa Rosa Silver-Gold mine near the southwest end of the San Javier Mineralized Corridor (SJMC). The first two holes are planned to test the depth extension of the Santa...
2017-07-06 9:00 AM EDT
Canuc Announces Soil Results and Preparation of Drill Stations
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce the results of a soil sampling program recently completed on the San Javier project. A total of 859 samples were collected and analyzed for multi-elements along the known trace of the San Javier Mineralized Corridor (SJMC). Forty-five lines, spaced fifty metres apart, were surveyed and sampled between the Polvorin mine portal and the NE end...
2017-06-15 9:00 AM EDT
Canuc Announces Agreement with the Ejido of San Javier
Toronto, Ontario--(Newsfile Corp. - May 31, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to advise that the Company has signed a comprehensive agreement ("The Agreement") with the Ejido(1) of San Javier for lands around the San Javier Project. The Agreement calls for exploration on 300 hectares of land and also provides binding terms for exploitation (mining) on an area of up to 1,000 hectares. The Agreement requires Canuc to pay $35,000 USD per year...
2017-05-31 9:45 AM EDT
Canuc Provides Details of 2013 Surface Sampling, San Javier Project, Sonora, Mexico
Toronto, Ontario--(Newsfile Corp. - April 13, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide further information, previously compiled, pertaining to work done by Santa Rosa Silver Mining Corporation ("Santa Rosa") on the San Javier Silver/Gold project. Subsequent to the underground sampling program conducted in 2012, a program of reconnaissance mapping, prospecting and sampling was carried out under the guidance of Seymour Sears, P.Geo, whose...
2017-04-13 12:23 PM EDT
Canuc Provides Details of Santa Rosa Mine Sampling, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide summary information, previously compiled, pertaining to work done by Santa Rosa Silver Mining Corporation ("Santa Rosa") on the San Javier Silver/Gold project. Prior to the merger between Canuc and Santa Rosa, Santa Rosa performed an extensive channel sampling program of the vein(s) mined intermittently since the 1950s. The channel sampling...
2017-03-28 7:00 AM EDT
Canuc Announces Board and Management Update and Options Issuance
Toronto, Ontario--(Newsfile Corp. - March 8, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce the addition of new members to the Company's Board and Management team. Board Mr. Bruce Reid and Paul Davis have joined the Board of Directors. Mr. Bruce D. Reid, B.Sc., B.Comm., B.Geo. served most recently as Executive Chairman of Carlisle Goldfields Limited, as well as a Director. Mr. Reid was the President and Chief Executive Officer of the...
2017-03-08 9:00 AM EST
IIROC Trade Resumption - Canuc Resources Corporation
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2017) - Trading resumes in: Company: Canuc Resources Corporation
2017-03-02 4:11 PM EST
Canuc Resources Corporation Completes Reverse Takeover and Concurrent Financing
Toronto, Ontario--(Newsfile Corp. - February 21, 2017) - Completion of Reverse Takeover Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that the Company has completed the reverse takeover transaction previously announced, on the terms set out in the business combination agreement dated August 26, 2016 (the "Transaction"). The Transaction involved the combination of Canuc and Santa Rosa Silver Mining Corp. ("Santa Rosa") by way of an amalgamation of...
2017-02-21 5:15 PM EST
Canuc Resources Corporation Amends Exercise Price of Previously Issued Stock Options
Toronto, Ontario--(Newsfile Corp. - December 22, 2016) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") reports that in connection with the reverse takeover transaction previously announced by the Company (the "Transaction"), and as required by the TSX Venture Exchange for final approval of the transaction to be granted, the 310,000 options issued to Directors, Officers and Consultants of the Company on May 17, 2016, will be repriced from $0.10 to $0.25. The term of the...
2016-12-22 3:39 PM EST
Canuc Resources Corporation Receives Conditional Approval of Previously Announced Transaction from TSX Venture Exchange and Appoints New Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - November 24, 2016) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange (the "TSXV") for the reverse takeover transaction previously announced on August 29, 2016 (the "Transaction"). The Transaction involves the combination of Canuc and Santa Rosa Silver Mining Corp. ("Santa Rosa") by way of an amalgamation of Santa Rosa and a wholly-owned...
2016-11-24 4:45 PM EST
Canuc Resources Corporation Enters into Definitive Agreement with Santa Rosa Silver Mining Corp.
Toronto, Ontario--(Newsfile Corp. - August 29, 2016) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") and Santa Rosa Silver Mining Corp. ("Santa Rosa") are pleased to announce that further to the execution of the Letter of Intent announced on June 9, 2016 and the subsequent negotiation of a business combination agreement (the "Definitive Agreement") the parties have executed the Definitive Agreement on August 26, 2016, with effect as of such date, to combine Canuc and...
2016-08-29 2:44 PM EDT
Canuc Resources Corporation Enters into Definitive Agreement with Santa Rosa Silver Mining Corp.
Toronto, Ontario--(Newsfile Corp. - August 8, 2016) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") and Santa Rosa Silver Mining Corp. ("Santa Rosa") are pleased to announce that they have entered into a business combination agreement (the "Definitive Agreement") dated August 8th, 2016 to combine Canuc and Santa Rosa by way of an amalgamation of Santa Rosa and a wholly-owned subsidiary of Canuc, to form one company as a wholly-owned subsidiary of Canuc (the...
2016-08-08 5:18 PM EDT