Canuc discovers near-surface gold zone at East Sudbury

Toronto, Ontario--(Newsfile Corp. - September 9, 2026) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) (WKN: A41V6H) ("Canuc" or the "Company") is pleased to announce the discovery of a new near-surface gold-mineralized zone – the East-West Pit Area Zone 2 ("Zone 2") – at the Company's 100% owned East Sudbury Project ("ESP") located some 20 km east of Sudbury, Ontario. Ten (10) holes drilled into the Zone 2 target area have intersected mineralized breccia, and this new zone has been traced over a strike length of approximately 170 meters.

Ten (10) holes have intersected the target zone

Highlights

New discovery: Zone 2 is a previously unrecognized, north-dipping gold-mineralized breccia zone lying immediately adjacent to the historically mined East-West Pit at the past-producing Scadding Gold Mines and has been traced over approximately 170 metres of strike to date.

Ten (10) holes intersect the zone: To date ten (10) holes drilled into Zone 2 have intersected the targeted chlorite breccia zone, over interpreted true thicknesses of 3 to 15 metres. These holes have been drilled on approximately 25 metre spacings.

Near-surface mineralization: Gold mineralization has been intersected from as shallow as 3.5 metres downhole in SM-26-151.

Supported by surface sampling: five grab samples of pit material collected in 2025 averaged 6.72 g/t Au, ranging from 0.738 to 14.3 g/t Au. Grab samples are selective by nature and may not be representative of the mineralization.

Early confirmation: SM-26-153 returned 20.0 metres grading 1.51 g/t Au, including 5.0 metres of 3.78 g/t Au; SM-26-151 returned 8.0 metres of 1.21 g/t Au, including 1.0 metre of 7.58 g/t Au; SM-26-152 returned 19.9 metres of 0.56 g/t Au, including 1.0 metre of 3.2 g/t Au; and SM-26-160 returned 4.0 metres of 1.28 g/t Au together with 1.0 metre of 4.29 g/t Au.

Full results: four of the ten holes