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Canuc Resources receives the NI 43-101 report on Mill Village
Canuc Resources receives the NI 43-101 report on Mill Village
About this update from Canuc Resources Corporation
[{"type":"text","content":"\n\n\n\n Dec. 8, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX Venture Exchange\nSymbol: CDA\nShares Outstanding: 43,004,598\n\n\nTORONTO, Dec. 8 /CNW/ - Canuc Resources Corporation ("Canuc" or the\n "Company") is pleased to report that it has received and filed a\n National Instrument 43-101 (NI 43-101) report on its newly acquired\n Mill Village Gold Property ("Property") located near Liverpool, Nova\n Scotia. The conclusions of the report were positive, highlighting 4\n known zones of gold mineralization including the Gold Eagle, Thompson\n and Eaglet Veins which can be explored from both surface and\n underground as well as 3 exploration targets. The report proposes a\n $1.1 million dollar exploration program that includes geophysics,\n geochemistry, till sampling, diamond drilling, dewatering of the Gold\n Eagle Mine, drifting, bulk sampling and preliminary metallurgical\n studies.\n\n\nDiscovered in 1898, the Gold Eagle Vein was the first viable prospect\n located at Mill Village. The discovery was quickly followed by the\n formation of the Gold Eagle Mining Company which sank 2 shafts on the\n prospect (100 and 190 foot levels) followed by 90 metres of drifting\n and 2 crosscuts totalling 40 metres. Between 1899 and 1902, 781 ounces\n of gold were produced; the average grade reported to be 0.68 ounces /\n ton. In 2001, the Gold Eagle Mine was de-watered and the underground\n workings were re-habilitated by Elk Exploration Ltd.\n\n\n&qu...