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Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia Zones

Toronto, Ontario--(Newsfile Corp. - February 8, 2018) - Canuc Resources Corporation (TSXV: CDA...

articleCanuc Resources CorporationFebruary 8, 20184/company/canuc-resources-corp/news/canuc-reports-10-metres-of-210-gt-silver-and-50-gt-gold-at-carranza-lydia-zones
Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia Zones

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[{"type":"text","content":"Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia ZonesToronto, Ontario--(Newsfile Corp. - February 8, 2018) - Canuc Resources Corporation (TSXV: CDA) (\"Canuc\" or the \"Company\") is pleased to announce initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones on the Company's San Javier project, Sonora, Mexico.Mapping and sampling at the Lydia zone has identified a wide breccia zone up to 40 m across and trending NE-SW with a moderate southeasterly dip. Two lines of surface rock samples, located 40 m apart, were collected perpendicular to the trend of the breccias. One line returned 10 m averaging 210 g/t Ag and 5.0 g/t Au, including 6 m of 324 g/t Ag and 7.8 g/t Au. This line is above and roughly parallel with the main Lydia working where a 9 m interval averaged 173 g/t Ag and 0.78 g/t Au. These two mineralized intercepts are about 40 m apart horizontally, or about 70 m down dip. The other line contains two separate zones, about 8 m apart, that averaged 244 g/t Ag, 2.27 g/t Au and 99 g/t Ag, 0.36 g/t Au—each over 4 m widths. At Carranza zone, a 4 m interval, located east of the 11 m section that averaged 238 g/t Ag and 0.72 g/t Au (2013), yielded 100 g/t Ag and anomalous Au. Twenty-five metres to the south occurs a 6 m interval that averages 162 g/t Ag and 0.83 g/t Au. Link to diagram representing gold and silver results at the Carranza and Lydia zones:http://canucresources.ca/wp-content/uploads/03-CARRANA-LYDIA-PR-MAP-FEB-8.pdfSampling and mapping suggests that the precious metal mineralization, hosted by siliceous veins and breccias, is controlled by the Paleozoic fault (N-S to NE-SW) nearby. The fault, located between 20 m and 30 m NW of the mineralization at Carranza, is extensively covered with overburden, negating further surface sampling; the terrain does not permit for bulldozer excavation. A drill pad is being constructed (see attached image) to test various targets on and around Carranza summit, including the covered areas of the Paleozoic fault which is believed to host breccia-style mineralization along both sides. Additional drill pads will be located after the trenches between Lydia and Carranza have been constructed and sampled.\"These results confirm continuity of high grade mineralization along trend at San Javier. We are...

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