Saturday, September 13, 2025

Latest

Canuc Resources Samples 1,222 G/T Silver At San Javier

Canuc Resources (TSXV: CDA) this morning released further data from samples collected at its flagship San Javier silver-gold project, located in the Sierra Madre silver belt of northwest Mexico. Highlights from the program include a silver sample registering as having 1,222 g/t silver.

Results released this morning pertain to a total of 267 rock samples that were taken at the project, with data from the first 157 samples having been released in late September. The samples were collected as part of a property scale geological mapping program, with an emphasis of exploration placed on the potential for an IOCG type mineralization.

Within the 110 rock samples reported today, 19 silver assays were reported as being over-assay and were sent for re-assay. The highlight value, 1,222 g/t silver, was notably collected 100 metres to the northeast of the Cerro Colorado Prospect, with the zone thought to be from a fault that lies on the north margin of a large breccia body that contains an iron oxide matrix.

Notably, two channel samples reported high copper content, assaying 0.83% copper and 320 g/t silver over 0.5 metres, and 0.95% copper and 547 g/t silver over 1.0 metre. Both samples were from a breccia zone.

“We first became aware of IOCG depositional potential at San Javier this past summer with detection of a substantial silver bearing breccia zone as reported in a September 22nd press release. The presence of extensive magnetite mineralization within the artisanal silver mine workings was a key indicator for us. Our latest results continue to manifest significant silver over-assay percentages with magnetite association, but now also have elevated gold and copper detections. This is consistent with the IOCG deposit model originally postulated for San Javier by Dr. Hitzman in 2006.”

Christopher Berlet, President & CEO

The company is now conducting geological mapping, sampling and preparation for drilling at San Javier. The focus of the exploration is to define and sample magnetite bearing breccia.

Canuc Resources last traded at $0.20 on the TSX Venture.


FULL DISCLOSURE: Canuc Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Canuc Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Mexico Lockdown Decreases Worlds Silver Production 23%

Like many other precious metals, the production of silver has now been significantly impacted by...

Thursday, April 2, 2020, 09:45:28 PM

Are We Entering a New 10-Year Silver Supercycle? | Keith Neumeyer – First Majestic Silver

In this interview, Keith Neumeyer, President & CEO of First Majestic Silver Corp. (TSX: AG)...
Sunday, July 13, 2025, 03:19:00 PM

Canada Silver Cobalt Works Has Major Silver Discovery in Northern Ontario

Canada Silver Cobalt Works Inc. (TSXV: CCW) has announced numerous positive assay results which confirm...

Sunday, February 7, 2021, 09:00:00 AM

GoGold Hits 1,007 g/t Silver Equivalent Over 4.2 Metres At Los Ricos North

GoGold Resources Inc. (TSX: GGD) today released assay results of 12 diamond drill holes from...

Wednesday, June 9, 2021, 08:17:37 AM

Canuc Resources Doubles Land Position At San Javier Ahead Of Drilling

Canuc Resources (TSXV: CDA) has acquired new claims at its flagship San Javier project, located...

Wednesday, January 27, 2021, 09:18:01 AM