02:19 PM EDT, 10/30/2025 (MT Newswires) -- Canuc Resources ( CNUCF ) on Thursday said it launched a diamond drilling program on its East Sudbury Project (ESP).

Canuc acquired 100% ownership of the ESP on May 8. The company has since verified gold assay data relating to historic drilling and has identified numerous gold prospects located within the property and proximal to old gold mine workings.

The company said that a review of historical drilling and assay information confirmed a "well-defined zone of gold mineralization" located beside and beneath the past producing North Pit gold mine.

Canuc Resources ( CNUCF ) said that a minimum of 15 holes within the zone are planned for this phase to provide fill-in information for areas not previously tested by drilling.

A statement further noted that two additional near surface zones of gold mineralization are currently recognized in close proximity to Zone 1, and will be tested by drilling after the current program is completed.

"This drilling program is designed to provide infill data around two closely related gold zones which have previously been identified and confirmed beside the historical North Pit gold mine workings," said Chief Executive Officer Christopher Berlet. "The infill data we seek with this drill program is expected to be sufficient for us to calculate a 'maiden' Mineral Resource Estimate for what we are now labelling as Gold Lens 1."

The company's shares were last seen up $0.015 to $0.095 on the TSX Venture Exchange.

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