RE:Canuc in Play
Canuc Resources samples up to 17.9 g/t Au at San Javier
2020-02-06 10:41 AT - News Release
Mr. Christopher Berlet reports
CANUC SAMPLES HIGH GRADE SILVER AND GOLD ALONG THE SAN JAVIER MINERAL TREND
Canuc Resources Corp. has provided results of a sampling program that was focused along the company's San Javier mineral trend at its 100-per-cent-owned San Javier silver-gold project.
A program was undertaken to sample artisanal workings at various locations within the property to confirm the hypothesis of vein continuity along the extent of the company's three-kilometre contiguous claim holding.
Between 2010 and 2019, the company acquired a total of 17 claims covering three kilometres (km) of strike and downdip extensions of silver and gold veins that had been the subject of small-scale historical mining.
Results from an exploration program conducted by Canuc in 2017 and 2018 established a geological model consisting of stacked, subparallel veins. A small drilling program defined multiple, independent veins containing high to bonanza grades of silver and gold.
Also reported with exploration results (see news release dated May 22, 2018) were two distinct breccia zones found on surface which yielded robust grades of silver and gold over widths that were much wider than simple vein deposits.
The most recent sampling program has been designed to confirm the hypothesis of vein system continuity along the three-kilometre mineral trend. This was done with a view to preparing the company for an upcoming drill program on the 17 contiguous claims of the San Javier silver-gold project.
"We are pleased with these results and believe that these high-grade silver and gold samples, taken from several locations along the three km of strike extent of the San Javier silver-gold project, confirm our hypothesis of vein continuity along the trend of the company's claims.
"Our most recent results confirm that high-grade silver and gold veins are evidenced along the full three-kilometre extent of the San Javier silver-gold project. This validates our strategy of acquiring and combining claims along the strike length of the San Javier mineralized corridor.
"The company has 17 contiguous claims, covering three km of strike length and the downdip projections of surface veins and has now been able to confirm silver-gold mineralization along the extent of the mineralized corridor," stated Chris Berlet, president and chief executive officer.
The samples were collected and delivered to Bureau Veritas mineral laboratories in Hermosillo, Mexico, a certified, internationally recognized assay laboratory. Gold analyses were completed using a fire assay AAS finish on a 30-gram sample at the Hermosillo laboratory. All samples were also analyzed for a multielement suite (ICP) from pulps sent to its Vancouver laboratory.
Fifteen of the 16 samples exceeded the ICP upper detection limit for silver (over 100 parts per million (ppm)) and were subsequently analyzed by fire assay-gravity finish in the Hermosillo laboratory. All samples were chip samples, which are reasonably representative of the bedrock exposures and suitable for the purposes described herein
GLTAL
Cheers
Stanley