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Canuc Drills 1.0 m of 32.1 g/t Au Within an 11.5 m Interval of 3.18 g/t Au near Surface in Gold Lens 1
Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - Canuc Resources Corporation (TSXV: CDA) (OT...
About this update from Canuc Resources Corporation
[{"type":"text","content":"Canuc Drills 1.0 m of 32.1 g/t Au Within an 11.5 m Interval of 3.18 g/t Au near Surface in Gold Lens 1Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCD) (WKN: A41V6H) (\"Canuc\" or the \"Company\") is pleased to announce results for 15 holes of a diamond core drilling program defining Gold Lens 1 on the Company's 100% owned East Sudbury Project (ESP). The results from 3 holes were previously released (Company press release December 1st, 2025).Gold Lens 1 is located approximately 120 m north of the underground workings of the past producing Scadding Gold Mine. At least 147 historical drill holes have been reported to have tested Gold Lens 1. The drill core for 62 of these holes is stored on-site and the collar locations as well as the analytical, logging and other technical information for these holes has been verified and is considered reliable.Three holes were collared on the west and south boundaries of the zone and defined the limits of the zone in these directions. Two holes were collared on the south side of the NE plunging mineralized zone and drilled beneath the keel. One hole intersected a diabase dyke that cuts across the projected target zone, and one hole was lost in overburden. The objective of this drill program was to define the outside boundaries of Gold Lens 1 and to add infill holes within the mineralized zone. Gold Lens 1 begins on surface and dips at approximately 45 degrees and plunges more steeply towards the northeast. This zone is identified over a strike length of 80 meters on surface and is seen to have widths ranging from 3 - 5 m and has been intersected by drill holes below a depth of 100 m.The information from this drilling program is being integrated with relevant data from previous drilling programs in Gold Lens 1 in order to refine a block model of the zone and to assess the potential tonnages of a near surface, relatively high-grade, gold bearing Fe-Chlorite zone. The zone is open down plunge where additional drilling is still being considered. The location, purpose and results from these 15 holes are outlined in Table 1. Table 1.Drill Hole Id.EastingNorthingElevationAzimuthDipDepthFrom (m)To (m)Width (m)Au (g/t)SM-25-1215291215166703306.6300-6551Outside the boundary of Main ZoneSM-25-1225291165166691307225-4551Outside the boundary of ...