Mining & Metals
Canuc Resources Buys Claims Covering 271 Hectares Within East Sudbury Project
Canuc Resources (CDA.V) acquired 13 additional mining claims within its East Sudbury Project (ESP) in the Sudbury, Ontario region, covering 271 hectares, it said Tuesday.The additional claims are situated within the broader ESP mineralized corridor east of the McLaren Lake Fault Zone (MLFZ) and are considered to be prospective for critical and precious metals mineralization within a system that can form IOCG and affiliated mineral deposits, it said."The claims are located just east of the area being covered by the seismic survey undertaken by NRCan and will also be covered by the concurrent gravity gradiometric survey being flown by Bell Geospace," said Canuc Chief Executive Chris Berlet. "The advanced geophysics which is scheduled to cover the area of these newly acquired claims is expected to provide critical information relating to IOCG and MIAC deposit targets along and beside the McLaren Lake Fault Zone within the company's East Sudbury Project."Newly acquired claims have been integrated into ongoing exploration initiatives including the upcoming exploration and geophysical programs, the company said.Shares of the company were last seen unchanged at $0.81 on the TSX Venture Exchange.
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