Canuc Resources Corporation provided a December 2021 update on the exploration program currently in progress at the Company's San Javier Ag-Au Project in Sonora State, Mexico. Hole SJ-21-04 is being drilled near the center of the property and was originally designed to test a broad magnetic anomaly interpreted to be at a depth of 300 m. The hole entered a zone consisting of stockwork quartz and calcite veining, hydrothermal breccia and highly fractured and veined hornfels (contact metamorphic rock) at 304 m and continued in this material to its current depth of 1,023.5 m where it is temporarily suspended awaiting mobilization of a larger rig for continuation to depth. Assay results from the lower part of the hole are pending. Veining in the hole contained from 3 to 10% sulphides and included pyrite, pyrrhotite and chalcopyrite. Assay results have been received to a depth of 912 m typically in 2 metre sample lengths. Values for Au ranged from <0.005 to 0.151 g/t Au; <0.3 g/t Ag; 5 to 1,781 ppm Cu; and 1.0 to 27.5% Fe. This hole is being continued at depth to target a prospectively mineralized intrusive which is believed to be the source of the contact metamorphism evidenced in recovered core. Since chalcopyrite has been observed throughout hole SJ-21-04, a sample was submitted to Laboratorio Nacional de Geoquimica y Mineralogia, Instituto de Geologia, Universidad Nacional Autónoma de México in Hermosillo for identification by the XRF method. The dominant sulphide identified was pyrrhotite with lesser amounts of pyrite, chalcopyrite and putoranite (a Cu-Ni-Fe- sulphide). Putoranite is not a normal copper-iron mineral in typical porphyry deposits but instead is more often associated with magmatic related deposits (which could include magmatic-hydrothermal IOCG deposits). The detection of putoranite is less relevant when considered in isolation, than when considered in the context of the significant finding of silver halide dominance as reported in August of this year (see news release August 4, 2021). In August 2021 it was reported that (~73%) of the silver minerals found at San Javier are silver halides (such as AgCl, AgBr, AgI and AgFl) while a smaller relative percentage (~27%) were found to be Acanthite (Ag2S). This relative weighting in silver mineralogy is not common for silver deposits in the Western USA and Mexico but is consistent with silver mineralization that can be associated with IOCG deposit types. Approximately 11.2 km of drill and trench access roads were completed during the year. One of these roads encountered bedrock consisting of stockwork quartz veining and hydrothermal breccia. A strong northwest trending structure containing gold mineralization was identified along a strike length of more than 3 km (see news releases Aug. 28, 2021, and Oct 12, 2021). The zone was prospected, and a series of trenches were cut at right angles to the structure along a 1 km section. A total of 672 channel samples were collected from trenches and roadcuts within this area. Gold values from these samples ranged from <0.005 to 3.18 g/t; silver from <0.3 to 169 g/t; and copper from 5 ppm to 2.85%. Numerous broad intervals with elevated gold and copper values were discovered within this first 1 km section including: Road near Trench 1: 14.5 m @ 0.47 g/t Au, 0.37% Cu; Trench 1: 56 m @ 0.305 g/t Au; Trench 2: 26 m @ 0.212 g/t Au; Trench 2A: 10 m @ 0.195 g/t Au; Trench 3: 13 m @ 0.16 g/t Au, 0.48% Cu. This initial sampling program has tested an area of approximately 1 km of the 3 km strike length of this zone, and stripping has so far been confined to areas of relatively easy access. The work program was carried out by a 5-person crew. In addition to drill supervision, logging and sampling, approximately 365 person-days were spent on geological mapping and 440 person-days were spent collecting rock samples from outcrop, trenches and old underground workings. A total of 1,305 rock samples were collected and assayed from the new gold zone and from other zones on the property. The 2021 sampling program included 30 samples collected from known magnetite bearing prospects in the northern part of the property. These samples were collected to verify high grade silver mineralization from previous sampling as well as to trace this mineralization on the Company's newly acquired claims. Twenty-Three (23) channel samples averaging 0.7 m wide were collected from sites on the Company's claims that had been previously sampled. The new samples assayed up to 1.672 g/t Au, 1,877 g/t Ag and 6,823 ppm Cu. These results are very similar to results from previous sampling and confirm the high-grade nature of these zones.