Canuc drills 8.99 g/t Au over 9.2 m and polymetallic intercept at ESP

Toronto, Ontario--(Newsfile Corp. - June 25, 2026) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) (WKN: A41V6H) ("Canuc" or the "Company") is pleased to provide an exploration update for the Company's East Sudbury Project ("ESP"). ESP spans 20,078 hectares and is centered approximately 20 kilometers northeast of the Prolific Sudbury Mining District. (Figure 1 - Regional Location map) Figure 1 - Project Location Map To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2906/302782_5850a2c4745b0b28_001full.jpg ESP encompasses four subparallel fault structures which host historical gold and copper mines, and which are interpreted to be related to mineral systems that can form IOCG and affiliated critical and precious mineral deposits. Mineral prospective zones adjacent to these fault structures are labelled: Timmins Creek Fault Zone, McLaren Lake Fault Zone, Mount Aetna Fault Zone and Washigami Lake Fault Zone respectively (Figure 2 - ESP Fault Structures Map).

Figure 2 - ESP Fault Structures MAP To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2906/302782_5850a2c4745b0b28_002full.jpg Timmins Creek Fault Zone On the ESP property's furthest west fault structure, Timmins Creek Fault Zone, are found the historical mine working of the Scadding Gold Mines (North Pit, Underground Portal, East-West Pit and South Pit). The Glade Area 'Exploration' Zones and the Scadding Mine Gold Tailings Impound are located approximately 1 km southwest and south of the historical Scadding Gold Mines (Figure 3 - Scadding Gold Mines and Glade Area Map). Other Au-Co-Cu occurrences occur along this interpreted structure (Timmins Creek Fault) including a strong breccia zone and highly anomalous Co-Au mineralization identified by Canuc in 2025 at Spar Lake, 3 km northwest of Scadding.

Figure 3 - Scadding Gold Mines