Canuc Resources’ Chris Berlet on Targeting a Silver Dominant IOCG in Mexico

In a recent Investor.Coffee interview with Investor.News host Tracy Weslosky, Chris Berlet, President, CEO and Director of Canuc Resources Corporation (TSXV: CDA | OTCQB: CNUCF), discussed the commencement of a geological mapping and sampling program at their San Javier Silver-Gold Project in Sonora State, Mexico. Highlighting the significance of the geological target being an IOCG (Iron oxide copper gold ore) deposit, Chris shared that the San Javier Project is surrounded by notable mining projects and encompasses 28 claims in a prime location within an established mining camp. Chris emphasized the vast potential of IOCG deposits, noting their large size and significant metal accumulation. Chris said that the San Javier Project’s focus is on silver, which is abundant in Mexico’s mantle, contributing to the region’s rich silver deposits. The San Javier Project has shown promising signs, including high-grade silver veins and substantial magnetite presence, indicative of IOCG geology. The San Javier Project’s strategic location in the middle of a mining camp with a trend of copper and gold deposits adds to its potential. Chris also shed light on Canuc’s unique position in the industry, backed by cash flow from its natural gas wells in Texas, which helps minimize share dilution and funds their exploration initiatives.