Canuc Provides Exploration Update for San Javier
www.canucresources.ca
FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4
May 22nd, 2018 Shares Outstanding: 50,134,150
ISIN: CA1389093040
Canuc Provides Exploration Update for San Javier
Canuc Resources Corporation (“ Canuc” or the “ Company”) (TSX-V: CDA) is pleased to provide an
update on exploration at the San Javier Project.
Samples taken from the northeast portion of the San Javier mineralized corridor (SRMC) returned high
grade silver results of up to 625 g/t Ag over 1.5 metres from breccias at the Chiripas workings. Chiripas is
located some 3,000 metres northeast of the Santa Ro sa mine workings (see Figure 1). The nearby Little
Pit showing also yielded results of up to 477 g/t Ag over 3.8 metres in vein material. The Jazmin working,
located further southwest along the SRMC, has also yielded up to 698 g/t Ag over 2.0 metres in vein
material samples (see Table 1 sample results).
Figure 1. Schematic Plan View of Veins and Showings along the SRMC
* Grid spacing is 1,000 metres
www.canucresources.ca
“These results clearly indicate that high grade silver vein mineralization, and also silver bearing breccia
geology, is evidenced along the full 3 km strike extent of the San Javier structure and the San Javier
mineralized corridor. This is very encouraging for geol ogical prospects and vein continuity along trend in
the northeasterly direction, and su ggests potential for a robust high- grade and vein hosted mineral
endowment.” Stated Hub Mockler.
Table 1. Select Samples from Showings along the SRMC
Zone Style Width (m) Ag (g/t) Au (g/t)
Jazmin breccia 2.0 698 ----
Uvulama 2 vein 0.85 379 ----
Uvulama 2 vein 0.4 786 ----
Uvulama 3 breccia 0.25 268 0.30
Esperanza dump material Caved, no access 272, 306, 336 ----
Little Pit vein 3.8 477 ----
Chiripas breccia 1.50 625 ----
Chiripas breccia 0.3 619 ----
Chiripas breccia 0.9 240 ----
Chiripas breccia 0.45 465 ----
Canuc also announces that it has released from opti on 2 claims of the 19 claim ground position at San
Javier. These 2 claims, which represent just over 8% of the total claim package, were deemed to have
metal budgets insufficient to support their option costs. The remaining claims are owned outright.
About Canuc
Canuc is a junior resources company exploring the San Javier Silver-Gold Project in Sonora State,
Mexico. The Company also generates cash flow from natural gas production in Central West Texas, where
Canuc has an interest in nine producing gas wells and has rights for further in field developments.
John Nebocat, BSc (Geological Engineering), P. E ng, Vice President Exploration for Canuc, is the
Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents
of this press release.
Disclaimer and Forward-Looking Statements
Forward-Looking Statements: This news release contains forward-looking statements that include risks and
uncertainties. 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-look ing statements. The forward-lookin g statements are based on current
expectations and apply 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 fo rward-looking statements incl ude changes in the prevailing
price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas
produced that could affect revenues and production costs. Other factors such as uncertainties regarding
government regulations could also affect the results. Other risks may be set out in the Company’s annual
financial statements and MD&A.