Canuc Resources Corporation (CDA) News
TSXV: CDA · Copper, Gold, Silver · Exploration stage
- Market cap$25.4M
- Share price$0.870
- 52-week range$0.600 – $1.45
- Shares outstanding29,179,563
- ExchangeTSXV
- Websitecanucresources.ca
Canuc Resources Corporation is a junior resource company advancing its 100% interest in the East Sudbury Project (' ESP ') a 20,078 hectare land package centered approximately 20 kilometers northeast of the prolific Sudbury Mining Camp and situated near to the extensive infrastructure of the adjacent Sudbury Mining District. ESP hosts several centres of critical and precious metal mineralization interpreted to be related to a mineral system capable of forming IOCG and affiliated critical and precious mineral deposits. Included within the Project is the historical Scadding Gold Mine and associated Scadding Gold Tailings Project. Canuc also holds a 100% interest in the San Javier Silver-Gold Project, located in Sonora State, Mexico. This 28-claim, 1,052 hectare property showcases extensive silver, gold and copper mineralization interpreted to be related to a mineral system capable of forming silver-dominant IOCG and affiliated deposits. Canuc generates steady cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA where the Company holds interests in producing natural gas wells and has rights for further infield development. The Company also receives a 4% Net Smelter Royalty from gold production at the Scadding Gold Tailings Project, located on Mining Claim LEA 107735 within the ESP property group.
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News for Canuc Resources Corporation (TSXV: CDA) on MineTerminal Pro.