Symbol: CDA ISIN: CA1389095029 Canuc acquires claims covering 271 ha within East Sudbury Project (ESP)
www.canucresources.ca
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | A41V6H
May 12th, 2026 Shares Outstanding: 28,608,253
Symbol: CDA ISIN: CA1389095029
Canuc acquires claims covering 271 ha within East Sudbury Project (ESP)
Toronto, Ontario – May 12, 2026 - Canuc Resources Corporation (“Canuc” or the “Company”)
(TSX-V: CDA, OTCQB: CNUCF, WKN: A41V6H) is pleased to announce that the Company has
successfully acquired thirteen (13) additional mining claims within the Company’s East Sudbury
Project (ESP) in the Sudbury, Ontario region. The newly acquired claims total approximately 271
hectares and further expand the Company’s strategic land position in the area.
The additional claims are situated within the broader East Sudbury Project (ESP) mineralized
corridor east of the McLaren Lake Fault Zone (MLFZ) and are considered to be prospective for
critical and precious metals mineralization within a system that can form IOCG and affiliated
mineral deposits. The acquisition strengthens Canuc’s footprint in one of Canada’s leading mining
jurisdictions and complements the Company’s existing exploration initiatives on the Project.
“The acquisition of these claims further consolidates Canuc’s highly prospective land position
along the McLaren Lake Fault Zone within the company’s East Sudbury Project (ESP). The claims
are located just east of the area being covered by the seismic survey undertaken by NRCan and
will also be covered by the concurrent gravity gradiometric survey being flown by Bell Geospace,”
stated Chris Berlet President and CEO of Canuc.
“The advanced geophysics which is scheduled to cover the area of these newly acquired claims is
expected to provide critical information relating to IOCG and MIAC deposit targets along and
beside the McLaren Lake Fault Zone within the company’s East Sudbury Project. The claims are
considered to be an important and strategic acquisition extending the company’s land holdings
along the eastern side of the fault.”
The Company has now integrated these newly acquired claims into ongoing exploration initiatives
including the upcoming exploration and geophysical programs.
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 developing its 100% interest in the
East Sudbury Project (“ESP”) which spans 20,078 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.
www.canucresources.ca
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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 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
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.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate,
as actual results and future events could differ materially from those anticipated in such information. Accordingly,
investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation
does not assume any obligation to release publicly any revisions to forward -looking information contained in this
press release to reflect events or circumstances after the date hereof.
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responsibility for the adequacy or accuracy of this news release.