Canuc Resources to conduct seismic survey at ESP

Executive Summary

• Natural Resources Canada has commissioned a seismic survey for early 2026 to be conducted on Canuc Resources Corp.'s McLaren Lake fault zone (MLFZ), located on its 100%-owned East Sudbury Project (ESP).
• The survey aims to image fluid pathways, faults, and alteration zones to better understand the structural controls of critical mineral deposits, specifically targeting alkali calcic (MIAC) and IOCG (iron oxide, copper, and gold) signatures.
• The work utilizes innovative geophysical methods combining surface seismic surveys with fibre optic sensing in boreholes to evaluate high-resolution subsurface imaging potential.

Key Details

• Survey Commission: Conducted by Optiseis Solutions Ltd. (Calgary, Alta.) on behalf of Natural Resources Canada through its Critical Minerals Geoscience and Data (CMGD) initiative.
• Location: McLaren Lake fault zone (MLFZ), located on the north-central portion of the East Sudbury Project (ESP).
• Project Ownership: Canuc Resources Corp. acquired 100% ownership of the ESP on May 8, 2025.
• Target Mineralization: The survey focuses on a known metasomatic iron alkali calcic (MIAC) system near Sudbury, Ontario, which already evidences copper, gold, and cobalt mineralization.
• Technical Objectives:
  • Image fluid pathways such as faults, fractures, and alteration zones underground.
  • Uncover structural controls guiding mineralization in MIAC and IOCG systems.
  • Test innovative geophysical methods combining surface seismic surveys with fibre optic sensing in boreholes designed to intersect key alteration zones.
• Strategic Context: The company states the ESP covers at least three areas with potential to host IOCG and affiliated deposit type discoveries.
• Technical Review: Information reviewed and approved by Seymour Sears, BA, BSc, PGeo, a non-independent qualified person under National Instrument 43-101.

Notable Quotes

• "The McLaren Lake fault zone is recognized to be a metasomatic iron alkali calcic (MIAC) mineral system that has the potential to host IOCG and affiliated critical mineral and precious metal deposits. We are delighted that the geoscientists at Natural Resources Canada have selected this corridor, located within our company claim holdings, to focus their search for critical mineral pathways and deposits," stated Christopher Berlet, president and chief executive officer of Canuc Resources.
• "The Canuc press release of Sept. 9 outlines our conviction that the East Sudbury project covers at least three areas that have the potential to host IOCG and affiliated deposit type discoveries. This transformative prospect for Canuc shareholders comes closer today with the work commitments made by the progressive geoscience team at Natural Resources Canada. We look forward to reporting further on this work in the months ahead and are preparing to undertake decisive follow-up when results are received."