Canuc Launches Major Airborne Gravity Survey, Targeting Deep Discovery Potential at East Sudbury Project
www.canucresources.ca
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCD | WKN: A41V6H
August 18th, 2026 Shares Outstanding: 28,453,148
Symbol: CDA
Canuc Launches Major Airborne Gravity Survey, Targeting Deep Discovery Potential at
East Sudbury Project
Toronto, Ontario - August 18, 2026 - Canuc Resources Corporation (“Canuc” or the “Company”)
(TSX-V: CDA, OTCQB: CNUCF, WKN: A41V6H) is pleased to announce that Bell Geospace
has officially begun flying the Gravity Gradiomet er, Magnetic and LiDAR Survey on Canuc’s
100% owned East Sudbury Project (ESP) spanning a highly prospective ~ 200 km2 land package
east of Sudbury Ontario, Canada. (Figure 1)
Figure 1. Canuc’s East Sudbury Project (ESP) Regional Setting
A Powerful New Exploration Tool Across Nearly 2,000 Line-Kilometers
The comprehensive survey program will cover close to 2,000-line kilometres giving Canuc one of
the most detailed subsurface pictures ever compiled on the ESP. (Figure 2 below)
Bell’s cutting-edge Full Tensor Gradiometer (“FTG”) and magnetic data will be used to map deep
geological structures and help to identify large-scale drill targets across the entire East Sudbury
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Project – unlocking terrain not previously explored in such detail at depth. The program is designed
to sharpen the Company’s understanding of the McLaren Lake Fault and three sub-parallel faults
already identified on the property, while also helping to uncover previously unmapped sub-surface
structures.
The FTG survey builds directly on the seismic program completed last month (July, 2026) by
OptiSeis Solutions Ltd. and Natural Resources Canada along the McLaren Lake Fault. Together,
these two leading-edge geophysical programs are expected to significantly improve geological
interpretation and enhance the identification and targeting of prospective mineralized systems,
including MIAC related gold and IOCG-style deposits.
Figure 2. Flight Lines for Full Tensor Gravity Gradiometer, Magnetic, and LIDAR Survey
Gravity Gradiometer Survey Deliverables
Bell’s Full Tensor Gradiometer (FTG), magnetic data and enhanced interpretation products will
be used to identify and prioritize high-value gravity anomalies for follow up drilling on the East
Sudbury Project.
Canuc plans to integrate these results with historical regional geological data, the locations of past
producing gold and copper mines and occurrences, and the recently completed seismic survey, to
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compile a rich, comprehensive data set for A I-driven analysis to further refine exploration
targeting.
Figure 3. BellGeo DC3 Flying FT Gravity, Magnetic, and LIDAR Survey 17.Aug.2026
Program Objectives
“Despite a history of high -grade gold and copper mining dat ing back as far as 1904, and despite
nearly 45,000 metres of historical drilling around old gold and copper mine workings, effectively
no drilling or exploration has been undertaken beyond 150 metres of depth on the claims covered
by Canuc’s East Sudbury Project,” stated Christopher Berlet, CEO and Director of Canuc.
“These new gravity and seismic exploration tools , combined with enhanced AI -driven analysis
will allow us - for the first time - to look beyond the near surface expressions of these historic gold
and copper mine workings as we search for larger source deposit models or feeder systems and
potentially IOCG type deposits at depth.”
“Our objective is to deliver a transformational regional exploration outcome east of the Sudbury
Basin, one of Canada’s most storied and successful mining jurisdictions.”
Canuc’s updated website and corporate presentation can be found at: www.canucresources.ca
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 Corporation
Canuc Resources Corporation is a junior resource company advancing its 100% interest in the East
Sudbury Project (“ESP”) a 20,078 hectare land package centered approximately 20 kilometers
northeast of the prolific Sudbury Mining Camp and situated near to the extensive infrastructure of
the adjacent Sudbury Mining District. ESP hosts several centres of critical and precious metal
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mineralization interpreted to be related to a mineral system capable of forming 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. This 28 -claim, 1,052 hectare property showcases extensive silver, gold and copper
mineralization interpreted to be related to a mineral system capable of forming silver-dominant
IOCG and affiliated deposits.
Canuc generates steady cash flow from natural gas production at its MidTex Energy Project in
Central West Texas, USA where the Company holds interests in producing natural gas wells and
has rights for further infield development. 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 visit: www.canucresources.ca
Christopher J. Berlet B.A.Sc.(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
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