tiprankstipranks
Trending News
More News >

Canuc Resources Forms Independent Review Committee for Scadding Gold Mine Development

Story Highlights
Canuc Resources Forms Independent Review Committee for Scadding Gold Mine Development

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1