Canuc Announces Drill Hole 3 Intersects High-Grade Silver 1,514 g/t (50 oz. /ton)

http://www.newsfilecorp.com/release/29442/Canuc-Announces-Drill-Hole-3-Intersects-HighGrade-Silver-1514-gt-50-oz.-ton#.WdWHT2jWzIU

Toronto, Ontario–(Newsfile Corp. – October 4, 2017) – Canuc Resources Corporation (TSXV: CDA) (“Canuc” or the “Company“) announces that drill hole SJ17-003 has intersected high-grade silver with meaningful gold, lead and zinc credits. Drill hole number 3 intersected the Santa Rosa vein (SRV) in two separate splays. The lower splay, from 138.77 to 140.25 meters, averaged 1,514 g/t (50 oz. /ton) silver, 2.91 g/t gold, 4.18% lead and 5.6% zinc over 1.48 m. The upper splay, from 128.5 to 128.87 m, averaged 156 g/t silver, 0.39 g/t gold, 1.01% lead and 1.86% zinc over 0.37 m. High-grade silver values found in the lower vein are a reflection of the metal values and vein quality that brought about early mining at San Javier.

Both diamond drilling and surface sampling indicate that mineralization in the SRV system increases in the northeast direction. In recognition of this Canuc has concluded an agreement to acquire an important 151 hectare claim block known as Tule 1. This claim envelops the Company’s existing San Javier property to the northeast and adds considerable strike length to the SRV mineralized corridor.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s