Canuc Resources Corp. is pleased to announce results for the first 3 holes of a diamond core drilling program testing Gold Lens 1 on the Company's 100% owned East Sudbury Project . Gold Lens 1 is located directly beside the past producing North Pit Gold Mine which is the northern most of several past producing gold mines found within the Company's East Sudbury Project area. Gold Lens 1 is estimated to have some 147 [...]
Canuc Resources Corp. is pleased to announce that Natural Resources Canada has commissioned a seismic survey, for early 2026, to be conducted on Canuc's McLaren Lake Fault Zone . The McLaren Lake Fault Zone is located on the north central portion of Canuc's 100% owned East Sudbury Project . Canuc acquired 100% ownership of the ESP on May 8th, 2025. Seismic acquisition will be conducted by Optiseis Solutions Ltd. of [...]
Canuc Resources Corp. is pleased to announce the start of a diamond core drilling program on the Company's East Sudbury Project "ESP". Canuc acquired 100% ownership of the ESP on May 8th, 2025. Since that time, the company has verified gold assay data relating to historical drilling and has identified numerous gold prospects located within the property and proximal to old gold mine workings. Drill core totalling 32,685 [...]
Canuc Resources Corp. is pleased to report on the positive confirmation results of a gold assay verification program conducted on lab reject samples from the Company's East Sudbury Project "ESP'. This assay verification program was undertaken in order to comprehensively check and confirm the significant number of gold assays which had been reported for the property over its history of more than 32,685 meters of drilling [...]
Canuc Resources Corp. is pleased to report on first steps of the geological property review that has been conducted on the MacDonald Mines Exploration SPJ Project east of Sudbury, Ontario, Canada. The Project is now within a wholly owned subsidiary of Canuc and is referred to as Canuc's East Sudbury Project "ESP". Canuc acquired 100% ownership of the ESP by purchasing MacDonald Mines on May 8th, 2025. East Sudbury Project [...]
Canuc Resources Corp. is pleased to announce that the Company's Board of Directors has established an Operating Conflicts Independent Review Committee for reviewing work initiatives relating to development of the Scadding Gold Mine. Background In November of 2022, MacDonald Mines Exploration Ltd. sold 63.9 hectares, including a gold tailings impound area, from the company's SPJ Project to Environmental Tailings [...]
Canuc Resources Corp. is pleased to announce that Mr. Kevin Olson has joined the Company's Board of Directors. Mr. Olson is an active member of the Society of Petroleum Engineers . He has more than two decades of experience driving technology and innovation in the oil and gas industry and has recently served as Director of Global Sales at Core Laboratories N.V., a reservoir optimization leader. In this role Kevin had [...]
Canuc Resources and MacDonald Mines Exploration are pleased to announce the completion of the previously announced arrangement whereby Canuc has acquired all of the issued and outstanding shares of Macdonald Mines, subject to delivery of post-closing documentation to TSXV and final TSXV acceptance. The Arrangement results in Canuc acquiring 100% of Macdonald Mines Shares and a successor entity to Macdonald Mines becoming [...]
Canuc Resources and Macdonald Mines Exploration announce a delay in the previously announced transaction whereby Canuc will acquire all of the shares of Macdonald Mines. The anticipated trading halt in respect of the Macdonald Mines shares on May 5, 2025 has not occurred. As a result, the closing date of the Transaction has been adjusted. In order to accommodate the closing and procedures thereof, the TSXV has requested [...]
Canuc Resources reports closing of the final tranche of a previously announced $3,200,000 CAD private placement financing for gross proceeds of $930,000 CAD. The closing of this final tranche of the Private Placement results in the issuance of 9,300,000 units. Each unit consists of one common share priced at $0.10 per Common Share, and one common share purchase warrant. Each Warrant entitles the holder to purchase one [...]
Canuc Resources announces that it is extending the final closing date of its previously announced non-brokered private placement financing. The new final closing date has been extended to May 21, 2025. Proceeds will be used for expenses associated with completing the acquisition of MacDonald Mines Exploration and for the exploration and development of the Company's new and existing exploration and development assets. The [...]
Canuc Resources announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units. Each Unit consists of one common share priced at $0.10 per share, and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at $0.15 for a period of two years from the final closing date [...]
