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An update from Canuc Resources ( (TSE:CDA) ) is now available.
Canuc Resources Corporation has successfully completed a gold assay verification program at its East Sudbury Project, confirming the accuracy of historical gold assays. The program involved re-assaying lab reject samples from previous drilling, and the results showed a strong correlation with original assays, particularly for samples with gold values less than 5 g/t. The verification supports the reliability of past gold sampling data, with future assays to use larger samples and metallic screen methods for greater accuracy. This development reinforces Canuc’s confidence in the gold potential of the ESP, potentially enhancing its market position and stakeholder confidence.
More about Canuc Resources
Canuc Resources Corporation operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily involved in the extraction of gold, copper, and cobalt, with a particular emphasis on the East Sudbury Project (ESP) in Canada.
Average Trading Volume: 128,796
Technical Sentiment Signal: Buy
Current Market Cap: C$19.93M
For a thorough assessment of CDA stock, go to TipRanks’ Stock Analysis page.