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Canuc Discusses Silver-Gold Breccia Targets
Toronto, Ontario--(Newsfile Corp. - August 6, 2020) - In October of 2017 Canuc Resources Corpo...
About this update from Canuc Resources Corporation
[{"type":"text","content":"Canuc Discusses Silver-Gold Breccia TargetsToronto, Ontario--(Newsfile Corp. - August 6, 2020) - In October of 2017 Canuc Resources Corporation (TSXV: CDA) (\"Canuc\" or the \"Company\") announced that it had acquired a mining concession with an area of 151.14 hectares. This mining concession enveloped the Company's land holdings to the northeast, and early exploration had determined that silver-gold mineralization was strengthening to the northeast.Ref: October 24th, 2017 press releaseSurface exploration is currently in progress on the northeast area of the Company's property along trend from where several silver-gold bearing breccia bodies have previously been discovered. Three such breccia bodies have already been documented and disclosed in press releases, the Carranza/Lydia, Jazmin and Cerro Colorado breccia zones. These breccia bodies are exposed on surface and occur at the intersection of the NE-SW trending San Javier Mineralized Corridor and north-south cross faults.Ref: July 28th, 2020 press releaseThe Company believes that there is a distinct possibility that silver-gold bearing breccia and stockwork zones can be confirmed along this trend with current exploration initiatives. The confirmation of silver-gold bearing breccia zones, uncovered on surface, would mark a change in the potential for a significant mineral discovery at the Company's San Javier Silver-Gold Project. \"Uncovering further mineralized breccia zones on surface is the objective of current exploration. Success would be of meaningful geological importance and could have a significant impact on our understanding of structure, as well as on our interpretation of the geological potential at San Javier,\" stated Chris Berlet, CEO. About CanucCanuc is a junior resource company holding the San Javier Silver-Gold Project in Sonora State, Mexico. The Company generates cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA where Canuc has an interest in eight producing gas wells and has rights for further in field developments. Canuc also has exclusive rights, through a Partnership Agreement with Ioticiti Networks Inc., to sell Industrial IoT applications and infrastructure in the Provinces of Alberta and Saskatchewan, Canada and in the State of Texas, USA. For further information please contact:Canuc Resources Corporation....