- Canuc Resources Corporation (CDA) has signed agreements to acquire three additional claims at the San Javier Silver-Gold Project in Sonora State, Mexico
- The newly-acquired claims are contiguous with the company’s existing claims and cover a combined 104.5 hectares of prospective ground
- The acquisition of these three additional claims at San Javier brings the company’s total connected claim position to 956.4 hectares
- With this, Canuc now has agreements for 100-per-cent ownership of 27 contiguous claims in the heart of the San Javier Silver-Gold mining camp
- Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State, Mexico
- Canuc Resources Corporation was unchanged at C$0.055 at 10:23 AM ET
Canuc Resources Corporation (CDA) has signed agreements to acquire three additional claims at the San Javier Silver-Gold Project in Sonora State, Mexico.
The newly-acquired claims are contiguous with the company’s existing claims and cover a combined 104.5 hectares of prospective ground.
The acquisition of these three additional claims at San Javier brings the company’s total connected claim position to 956.4 hectares.
With this, Canuc now has agreements for 100-per-cent ownership of 27 contiguous claims in the heart of the San Javier Silver-Gold mining camp.
The San Javier area first came back into focus in September of 2020 when Barksdale Resources Corp. announced an earn-in on several claims covering a combined 1,184 hectares of ground in the San Javier mining and exploration camp.
These exploration claims (previously held by Constellation Copper Corp.) are contiguous with Canuc claims to the south, west and east.
Further interest in the San Javier area came in October 2020 when Osisko Development Corp. announced the acquisition of the San Antonio claims group (previously held by Red Tiger Mining Inc.).
“The detection of massive magnetite and magnetite veining on company claims which is found in combination with high to bonanza grades of silver that is manifest with a preponderance of silver halides, as well as the prevalence of copper and gold mineralization, has given us confidence in the IOCG thesis for ore genesis at San Javier,” said Christopher Berlet, President and CEO of Canuc Resources Corp.
Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State, Mexico.
Canuc Resources Corporation was unchanged at C$0.055 at 10:23 AM ET.