Canuc Resources samples up to 1.5 m of 625 g/t Ag at San Javier

2018-05-22 08:58 ET – News Release

Mr. Hub Mockler reports

CANUC PROVIDES EXPLORATION UPDATE FOR SAN JAVIER

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Canuc Resources Corp. {TSX.V: CDA} has provided an update on exploration at the San Javier project.

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Samples taken from the northeast portion of the San Javier mineralised corridor (SRMC) returned high-grade silver results of up to 625 grams per tonne silver over 1.5 metres from breccias at the Chiripas workings. Chiripas is located approximately 3,000 metres northeast of the Santa Rosa mine workings. The nearby Little Pit showing also yielded results of up to 477 grams per tonne silver over 3.8 metres in vein material. The Jazmin working, located farther southwest along the SRMC, has also yielded up to 698 grams per tonne silver over 2.0 metres in vein material samples (see sample results in attached table).

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“These results clearly indicate that high-grade silver vein mineralisation, and also silver-bearing breccia geology, is evidenced along the full three-kilometre strike extent of the San Javier structure and the San Javier mineralised corridor. This is very encouraging for geological prospects and vein continuity along trend in the northeasterly direction, and suggests potential for a robust high-grade and vein-hosted mineral endowment,” stated Hub Mockler.

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              SELECT SAMPLES FROM SHOWINGS ALONG THE SRMC

Zone                  Style              Width               Ag          Au
                                            (m)            (g/t)       (g/t)

Jazmin              Breccia                2.0              698           -  
Uvulama 2              Vein               0.85              379           -  
Uvulama 2              Vein                0.4              786           -  
Uvulama 3           Breccia               0.25              268        0.30  
Esperanza     Dump material   Caved, no access    272, 306, 336           -  
Little Pit             Vein                3.8              477           -  
Chiripas            Breccia               1.50              625           -  
Chiripas            Breccia                0.3              619           -  
Chiripas            Breccia                0.9              240           -  
Chiripas            Breccia               0.45              465           -

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Canuc also announces that it has released from option two claims of the 19-claim ground position at San Javier. These two claims, which represent just over 8 per cent of the total claim package, were deemed to have metal budgets insufficient to support their option costs. The remaining claims are owned outright.

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About Canuc Resources Corp.

Canuc is a junior resources company exploring the San Javier silver-gold project in Sonora state, Mexico. The company also generates cash flow from natural gas production in central West Texas, where Canuc has an interest in nine producing gas wells and has rights for further in field developments.

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John Nebocat, BSc (geological engineering), PEng, vice-president, exploration, for Canuc, is the qualified person for the company, as defined by National Instrument 43-101, and has reviewed and approved the contents of this press release.

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We seek Safe Harbour.