K2 Gold

Canuc Resources Commences Drilling at San Javier Silver-Gold Project

Toronto, Ontario--(Newsfile Corp. - July 6, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce the start of drilling at the San Javier Silver-Gold Project in Sonora, Mexico.

The first of 9 drill holes from a proposed 3,000 metre drill program has been started at the historic Santa Rosa Silver-Gold mine near the southwest end of the San Javier Mineralized Corridor (SJMC). The first two holes are planned to test the depth extension of the Santa Rosa structure not more than 50 m below the lowermost workings of the past producing Santa Rosa Silver-Gold mine, and to test the underlying Lydia and Noria veins and intervening ground for bulk tonnage style mineralization. These first holes are planned for a minimum drilled depth of 400 m.

Santa Rosa, along with all other workings and showings along the nearly 4 km strike length of the SJMC, is hosted in the late Triassic age Barrancas Group, comprised predominantly of sandstone and lesser shale and siltstone. Brecciated hanging wall rocks were observed underground at the Santa Rosa mine, and potentially larger breccia bodies exist at the Carranza and Cerro Colorado zones, both located near the confluence of the SJMC with older faults which crosscut the SJMC. A road is being constructed to access the Carranza breccia zone, followed by rehabilitation of road access to Cerro Colorado. The following link is to Canuc's San Javier Project page; the viewer can access images, photos and a short video at this site:

http://canucresources.ca/project/san-javier-project/

About Canuc

Canuc is a junior resources company whose principal focus is exploration and development of the San Javier Silver-Gold Project located 140 km east of Hermosillo in Sonora State, Mexico. The company also generates cash flow from natural gas production in Central West Texas, where Canuc has an interest in nine producing gas wells, and has rights for further in field developments.

John Nebocat, BSc (Geological Engineering), P.Eng, Vice President Exploration for Canuc, is the Qualified Person for the Company, as defined by NI 43-101, and has reviewed and approved the contents of this press release.

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K2 GOLD (TSX.V: KTO)

K2 Gold

K2 Gold s a junior resource company focused on exploring for gold throughout North America. The company is advancing large-scale projects that offer significant exploration potential in top-tier jurisdictions. K2 currently controls... LEARN MORE