Canuc Provides Details of 2013 Surface Sampling, San Javier Project, Sonora
www.canucresources.ca
FOR IMMEDIATE RELEASE TSX Venture Exchange
April 13, 2017 Symbol: CDA
Shares Outstanding: 41,771,815
ISIN: CA1389093040
Canuc Provides Details of 2013 Surface Sampling, San Javier Project, Sonora, Mexico
Canuc Resources Corporation (“ Canuc” or the “ Company”) (TSX-V: CDA) is pleased to
provide further information, previously compiled, pe rtaining to work done by Santa Rosa Silver
Mining Corporation (“Santa Rosa”) on the San Javier Silver/Gold project.
Subsequent to the underground sampli ng program conducted in 2012, a program of
reconnaissance mapping, prospecting and samp ling was carried out under the guidance of
Seymour Sears, P.Geo, whose NI 43-101 report on the San Javier project can be viewed on
SEDAR. During this program, a total of 9 pros pects were identified within the property.
Including the surface exposures at Santa Rosa/Polvorin mine, located near the southwest end of
the property, a mineralized “corridor” about 2 00 m wide extends across the length of the
property, a distance in excess of 3,000 m to the northeast.
At least 3 styles of mineralization were identified and sampled. These include vein and vein-
breccia zones similar to the main Santa Rosa–Polvorin Zone; alteration zones associated with the
margins of felsic to intermediate dykes, as at the Colorado Zone; and quartz stockwork breccia
zones as represented by the Carranza Zone. The vein zones range in wi dth from less than 1 m to
4.5 m. The other two styles of mineralization appear to have potential to be much wider.
At Colorado Zone, the silica and clay alteration is at least 11 m wide, and an 11.2 m composite
of 4 samples across this zone averaged 284 g/t (8.3 opt) Ag.
The Carranza Zone at one point reaches a width of 31 m. Contained within this section occurs an
11.0 m interval (4 samples) that averages 238 g/t (6.9 opt) Ag.
The Company is also pleased to report that it has granted additional options to Mr. John Nebocat
who was recently appointed Vice President of Exploration. The options total 400,000 shares
exercisable at $0.50 per share for three years, all of which vest immediately. The new options are
in addition to 200,000 options previously granted to Mr. Nebocat which are also exercisable
$0.50 per share.
Mr. Nebocat brings many years of experience in Mexican silver deposits. In addition to extensive
surface and underground data compilation, he has undertaken some 3-D modeling of the Santa
Rosa silver mine; this work will prove inva luable in designing a ma iden drilling program
expected to start in the next few months. In th e meantime, surface work including chip and soil
sampling is continuing, the results of which will be released in the near future. As a reminder, the
company recently completed a $2.0 million equity financing in February 2017 and has sufficient
funds on hand to complete the current phase of its planned exploration program.
http://canucresources.ca/project/san-javier-project/san-javier-plan-map-1-1/
www.canucresources.ca
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.