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The latest update is out from Canuc Resources ( (TSE:CDA) ).
Canuc Resources Corporation has established an Independent Review Committee to oversee the development of the Scadding Gold Mine, part of its SPJ Project. This initiative reflects Canuc’s commitment to good governance and aims to enhance gold recovery from tailings, improving both the project’s economic viability and environmental footprint. The committee will ensure independent work practices and address potential operating conflicts as Canuc explores options for restarting the mine.
More about Canuc Resources
Canuc Resources Corporation is a junior resource company focused on developing its SPJ Project, which includes the historical Scadding Gold Mine and spans 19,710 hectares near the Sudbury Mining District. The company also holds the San Javier Silver-Gold Project in Mexico and generates cash flow from natural gas production at its MidTex Energy Project in Texas.
Average Trading Volume: 55,043
Technical Sentiment Signal: Sell
Current Market Cap: C$6.75M
Learn more about CDA stock on TipRanks’ Stock Analysis page.