Canuc Resources Corporation Commences Exploration at Mill Village, Nova Scotia

    




 TSX Venture Exchange Symbol: CDA Shares Outstanding: 59,735,798 

 TORONTO, Sept. 21, 2011 /CNW/ - Canuc Resources Corporation ("Canuc" or  the "Company")  is pleased to report that it has commenced  work on its Mill Village property located approximately 13 kilometres  north of Liverpool Nova Scotia. The property consists of 31 claims (496  hectares) covering the historic Gold Eagle Mine and numerous other gold  occurrences associated with quartz veining within the Meguma structural  terrain of the north-eastern Appalachians. 

 In July, 2011, the Company engaged Hudgtec Consulting Limited of  Dartmouth, Nova Scotia to commence the first phase of exploration on  the property. Due to extensive glacial till cover, initial efforts have  included the GIS compilation and re-interpretation of historic grid  survey data which included VLF-EM, Magnetics and B-Horizon soils. In  conjunction with the data compilation, an MMI (Mobil Metal Ion)  orientation survey was conducted over the Gold Eagle vein system area.  In total, 91 samples, were submitted to SGS Mineral Services for  analysis. To verify the presence of gold in the Gold Eagle dispersion  train, 23 samples were collected with a soil auger and submitted to the  Minerals Engineering Centre at Dalhousie University. Results from both  surveys will be released when the data has been received and  interpreted. 

 Preliminary results from the GIS compilation have provided a better  definition of the stratigraphy and structural environment beneath the  extensive till cover. Gold in dispersion trains appears associated with  the known Gold Eagle, Thompson and Goddard occurrences while a 4(th) dispersion train appears to have been located from the compilation  effort in the northwest portion of the property. Quartz float,  indicative of underlying vein mineralization, is also widespread on the  property with over 400 locations identified and compiled to date. 

 The work also highlighted elevated magnetics and more conductive  horizons at the northern end of property which may indicate greater  thicknesses of pelitic rocks which are highly prospective for bulk  tonnage gold deposits such as Atlantic Gold's Touquoy deposit located  north of Halifax. 

 Work continues on the property and includes the digitization of the  historic drill data, prospecting, and mapping. Local geochemistry and  geophysical surveys may also be conducted in order to better define  drill targets. 

 Mr. Bruce Hudgins, P. Geo is the designated Qualified Person pursuant to  National Instrument 43-101 of the Canadian Securities Administrators  for this press release and has reviewed and approved the technical and  scientific disclosure contained herein. 

 About Canuc 

 Canuc is a junior mining exploration company with its principal  properties located in Ecuador and Nova Scotia.  Canuc's main holding is  an approximate 85% interest in the Nambija Gold deposit located in  south-eastern Ecuador.  According to records obtained from the Central  Bank of Ecuador, it is estimated that, to date, nearly 3 million ounces  of gold have been produced using the most primitive of mining and  milling recovery processes from the Nambija area. 

 Neither the TSX Venture Exchange nor its Regulation Services Provider  (as that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy of this release. 

 Forward-Looking Statements 

 This news release contains forward-looking statements that include risks  and uncertainties. When used in this news release, the words  "estimate", "project", "anticipate", "expect", "intend", "believe",  "hope", "may" and similar expressions, as well as "will", "shall" and  other indications of future tense, are intended to identify  forward-looking statements. The forward-looking statements are based on  current expectations and apply only as of the date on which they were  made. The factors that could cause actual results to differ materially  from those indicated in such forward-looking statements include changes  in the prevailing price of gold, the Canadian-United States exchange  rate, grade of ore mined and unforeseen difficulties in mining  operations that could affect revenues and production costs. Other  factors such as uncertainties regarding government regulations could  also affect the results. Other risks may be set out in Annual Reports.  

Canuc Resources Corporation


CONTACT:  Gary Lohman, President & CEO     Hubert Mockler, Executive ViceChairman416-867-1300                     [e-mail]        [e-mail] 


    

Copyright