Canuc Begins Drilling at East Sudbury Project (ESP) Canuc Resources Corporation (“Canuc” or the “Company”) (TSX -V: CDA, OTCQB: CNUCF, WKN: A14ZX4) is pleased to announce the start of a diamond core drilling program on t he
www.canucresources.ca
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4
October 30th, 2025 Shares Outstanding: 265,774,584
ISIN: CA1389093040
Canuc Begins Drilling at East Sudbury Project (ESP)
Canuc Resources Corporation (“Canuc” or the “Company”) (TSX -V: CDA, OTCQB: CNUCF,
WKN: A14ZX4) is pleased to announce the start of a diamond core drilling program on t he
Company’s East Sudbury Project “ESP”.
Canuc acquired 100% ownership of the ESP on May 8 th, 2025. Since that time, the company has
verified gold assay data relating to historical drilling (see press release dated October 22 st, 2025)
and has identified numerous gold prospects located within the property and proximal to old gold
mine workings. Drill core totalling 32,685 meters is stored at the Scadding Gold Mine site in the
western part of the ESP.
Drilling Gold Lens 1
A review of historical drilling and assay information has confirmed a well-defined zone of gold
mineralization located beside and beneath the past producing North Pit gold mine. The mineralized
zone consists of a series of high- grade lenses developed within a broad zone of lower grade
material measuring 80 m X 3m X 100 m and di pping north-east at an estimated 60 degrees. The
zone has been intersected by at least 46 drill holes during t hree drilling campaigns by previous
workers (Trueclaim Exploration Inc. between 2009 – 2011; Northern Sphere Mining, 2017; and
MacDonald Mines Exploration Ltd, 2019 – 2025) . There are also an unknown number of holes
drilled in the 1980’s for which precise locations and assay information are not available.
Assays from historical drill intersections within the mineralized zone range from less than a gram
to highs up to 735.51 g/t, the latter over an intersected width of 0.96 m (Hole SM-20-026) with the
best reported intersection being 36.27 g/t Au over 12.27 m (Hole # SM -19-001). A minimum of
15 holes within the zone are planned for this phase, all designed to provide fill -in information for
areas not previously tested by drilling.
Two additional near surface zones of gold mineralization are currently recognized in close
proximity to Zone 1, and will be tested by drilling after the current program is completed.
“This drilling program is designed to provide infill data around two closely related gold zones
which have previously been identified and confirmed beside the historical North Pit gold mine
workings. The infill data we seek with this drill program is expected to be sufficient for us to
calculate a ‘maiden’ Mineral Resource Estimate for what we are no w labelling as Gold Lens 1,”
stated Christopher Berlet, President & CEO of Canuc Resources Corp.
“Calculating a ‘maiden’ Mineral Resource Estimate for Gold Lens 1 is a required first step in
formulating a mine plan and seeking extractive permits. Our objective with this work is ultimately
to confirm that several profitable, high-grade, gold mining opportunities, ‘gold lenses’, are still
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present today and in place near to the historical gold mine workings which are found at various
locations across the company’s East Sudbury Project (ESP).”
Canuc’s updated website and PowerPoint can be found at: www.canucresources.ca.
Drilling at ESP, October 2025
https://youtube.com/shorts/FnsIx75zbLQ
https://youtu.be/qbOxrfD19JY
The technical information in this release has been reviewed and approved by Seymour Sears, B.A.,
B.Sc., P.Geo, a non- independent qualified person as defined by NI 43- 101, who is currently
managing exploration activity on the ESP Project.
About Canuc Resources Corp.
Canuc Resources Corporation is a junior resource company developing its 100% in terest in the
East Sudbury Project (“ESP”) which spans 19,710 hectares and is centered approximately 20
kilometers northeast of the Prolific Sudbury Mining Camp and near to the extensive infrastructure
of the adjacent Sudbury Mining District. ESP encompasses several centers of critical and precious
metal mineralization interpreted to be related to a mineral system that can form IOCG and affiliated
critical and precious mineral deposits. Included within the Project is the historical Scadding Gold
Mine and associated Scadding Gold Tailings Project.
Canuc also holds a 100% interest in the San Javier Silver-Gold Project located in Sonora State,
Mexico. The San Javier Silver-Gold Project spans 28 claims covering 1,052 hectares and evidences
extensive silver, gold and copper mineralization interpreted to be related to a mineral system that
can form silver-dominant IOCG and affiliated deposits.
Canuc generates cash flow from natural gas production at its MidTex Energy Project located in
Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas wells and
has rights for further in field developments. The Company also receives a 4% Net Smelter Royalty
from gold production at the Scadding Gold Tailings Project located on Mining Claim LEA
107735 within the ESP property group.
For further information, please refer to the Company website: www.canucresources.ca.
Christopher J. Berlet BSc (Mining), CFA, CEO & Director of Canuc, is responsible for the content
of this press release.
For further information, please contact:
Canuc Resources Corporation
(416) 525 – 6869
www.canucresources.ca
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Forward-Looking Information
This news release contains forward- looking information. All information, other than information of historical fact,
constitute “forward -looking statements” and includes any information that addresses activities, events or
developments that the Corporation believes, expects or anticipates will or may occur in the future including the
Corporation’ s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”,
“hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended
to identify forward-looking information. The forward-looking information is based on current expectations and applies
only as of the date on which they were made. The factors that could cause actual results to differ materially from those
indicated in such forward- looking information include, but are not limited to, the ability of the Corporation to fund
the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government
regulations could also affect the results. Other risks may be set out in the Corporation’ s annual financial statements,
MD&A and other publicly filed documents.
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as actual results and future events could differ materially from those anticipated in such information. Accordingly,
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does not assume any obligation to release publicly any revisions to forward- looking information contained in this
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