Mr. Christopher Berlet reports

CANUC DRILLS 5 M OF 10.02 G/T AU NEAR SURFACE IN GOLD LENS 1

Canuc Resources Corp. has released the results for the first three holes of a diamond core drilling program testing Gold Lens 1 on the company's 100-per-cent-owned East Sudbury project (ESP).

Gold Lens 1 is located directly beside the past-producing North Pit gold mine, which is the northern most of several past-producing gold mines found within the company's ESP area. Gold Lens 1 is estimated to have approximately 147 historical drill holes, including the previously identified (hole No. SM-19-001) (company news release dated Oct. 30, 2025).

The objective of this drill program is to define the outside boundaries of Gold Lens 1 and to provide confidence in the continuity of areas within the zone where infill drilling is required. Gold Lens 1 begins on surface and dips at approximately 45 degrees plunging more steeply toward the northeast. This zone is identified over a strike length of 80 metres on surface and is seen to have widths ranging from three to five metres.

This drilling is being undertaken with the objective of estimating a maiden resource for this discrete, relatively high-grade, gold-bearing iron-chlorite zone, which daylights on surface in the west end of the North Pit gold mine. The company now refers to this structure as Gold Lens 1.

The first two holes were designed to define the northern edge of the zone. Hole SM-25-118 encountered a fault that appears to cut off the zone in that location. Hole SM-25-119 intersected an upper mineralized zone containing low gold values and passed beyond the north boundary of the main zone at depth. The third hole intersected the main zone from 14.5 to 24.5 metres, assaying 5.11 grams per tonne (g/t) gold (Au) over this 10-metre interval. The lower 5.0 metres of this zone assayed 10.02 g/t Au, including a one-metre interval assaying 40.9 g/t Au. The true width is estimated to be 90 per cent of the intersected width in this location.

"These results are confirming continuity for Gold Lens 1, a relatively high-grade, discrete gold-bearing geological structure found in place near to the old mine workings of the past-producing North Pit gold mine on Canuc's 100-per-cent-owned East Sudbury project (ESP)," stated Christopher Berlet, president and chief executive officer of Canuc Resources.

"Our next objective will be to calculate a resource for this Gold Lens 1, which will lead to evaluating an extractive opportunity. We believe there remain multiple additional gold lenses across the property that will be identified proximal to the trend of historical gold mine workings. We also believe there is high prospectivity for uncovering a larger source model that will transform our appreciation for the potential metal endowment of the area. These high-grade drill results represent early confirmation for our updated geological models."

The technical information in this news release has been reviewed and approved by Seymour Sears, BA, BSc, PGeo, a non-independent qualified person as defined by National Instrument 43-101, who is currently managing exploration activity on the ESP.

About Canuc Resources Corporation

Canuc Resources is a junior resource company developing its 100-per-cent interest in the East Sudbury project, which spans 19,710 hectares and is centred approximately 20 kilometres northeast of the prolific Sudbury mining camp and near to the extensive infrastructure of the adjacent Sudbury mining district. ESP encompasses several centres of critical and precious metal mineralization interpreted to be related to a mineral system that can form IOCG (iron oxide, copper and gold) and affiliated critical and precious mineral deposits. Included within the Project is the historical Scadding gold mine and associated Scadding gold tailings project.

Canuc also holds a 100-per-cent interest in the San Javier silver-gold project, located in Sonora state, Mexico. The San Javier silver-gold project spans 28 claims covering 1,052 hectares and evidences extensive silver, gold and copper mineralization interpreted to be related to a mineral system that can form silver-dominant IOCG and affiliated deposits.

Canuc generates cash flow from natural gas production at its MidTex energy project, located in central-west Texas, where Canuc has an interest in eight producing natural gas wells and has rights for further in field developments. The company also receives a 4-per-cent net smelter return (NSR) royalty from gold production at the Scadding gold tailings project, located on mining claim LEA 107735 within the ESP group.

We seek Safe Harbor.