Canuc Provides Details of Santa Rosa Mine Sampling, Sonora
www.canucresources.ca
FOR IMMEDIATE RELEASE TSX Venture Exchange
March 28th, 2017 Symbol: CDA
Shares Outstanding: 40,726,815
ISIN: CA1389093040
Canuc Provides Details of Santa Rosa Mine Sampling, Sonora, Mexico
Canuc Resources Corporation (“ Canuc” or the “ Company”) (TSX-V: CDA) is pleased to
provide summary information, previously comp iled, 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 interm ittently since the 1950s. The channel sampling
program was carried out in 2012 under the guidance of Seymour Sears, P.Geo, whose NI 43-101
report on the San Javier project can be viewed on SEDAR.
The Santa Rosa mine consists of five levels, pl us connecting sub-levels, spanning a strike length
of 490 m and 135 m down dip (~100 m vertically below surface). The vein ranges from 0.3 m to
5.0 m in width and is open along strike in both directions, and also down dip. A total of 341
samples of vein material were collected; the weighted average grade was:
388 g/t (11.3 oz/t) Ag, 2.02 g/t (0.06 oz/t) Au, 1.58% Pb & 1.28% Zn over 1.45 m.* avg. width.
Figure 1 Long Section Santa Rosa Mine
http://canucresources.ca/project/san-javier-project/santa-rosa-long-section-1/
Two sub-parallel veins, El Capu lin and Las Norias, o ccur in the footwall rocks below the Santa
Rosa vein; the width between these three vein s is about 115 m. These veins are similar in
appearance to the Santa Rosa vein and are virt ually unexplored. The host rocks to the veins are
sedimentary, dominated by sandstone, but shale a nd coal are known to occu r as interbeds. The
wall rocks next to the veins are highly fractured and altered, providing the potential to find lower
grade, high tonnage mineralization.
A drilling program, planned for the second quarter th is year, will test this concept in conjunction
with detailed drilling of the Santa Rosa vein.
A control and soil sampling grid, initiated in June 2016, will be completed this year—initial soil
samples are in the laboratory at this time.
www.canucresources.ca
Figure 2 San Javier Plan Map
http://canucresources.ca/project/san-javier-project/san-javier-plan-map-1-1/
* The reader is cautioned that the results of the underground sampling, reported above, do not
represent a resource nor do they reflect what a potentially mineable resource may ultimately
average in grade and/or width.
About Canuc
Canuc is a junior resources co mpany engaged in the explorati on and development of mineral
properties in North America. In addition, the comp any is active in the development of a natural
gas field in Central West Texas where it has an interest in seven producing gas wells. These
wells generate a sustainable cash-flow with the potential to increase income by the drilling and
completion of additional wells.
John Nebocat, BSc (Geological Engineering), P. Eng, Vice President Exploration for Canuc, is
the Qualified Person for the Company, as define d by NI 43-101, and has reviewed and approved
the contents of this press release.
For more information on the content of this release or about Canuc, please contact:
Christopher J. Berlet, CFA
CEO
416 525 – 6869
Disclaimer and Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
Forward-Looking Statements: This news release contains forward-looking statements that include risks and
uncertainties. When used in this news release, the wo rds “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 statements. The forward-looking 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 forw ard-looking statements include 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.