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Canasil Resources Inc.
Summary
| Project: | La Esperanza | |
|---|---|---|
| Deposit: | La Esperanza | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Zinc-Lead-Copper | |
| Date: | 2/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-2-2017: Canasil Resources Inc. announces an Exploration/Drilling Update report for its La Esperanza deposit at the La Esperanza project. Drilling results incl. 3.57m @ 0.14g/t Au, 21.0g/t Ag, 2.63% Zn, 0.82% Pb, 0.08% Cu from 387.16m. Canasil Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: J. Blackwell (Internal) | |
| ABSTRACT: | Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces that the Company has received assay results for the first drill hole, ES-16-12, of the 2016-17 core drilling program at the La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. This drill hole intersected an extended interval of banded quartz veins, veinlets and breccias hosted within fractured and brecciated volcanic rocks from 345 metres to 391 metres down-hole. The interval returned assay results indicating several narrower zones carrying anomalous gold (Au) and copper (Cu), low silver (Ag) and appreciable lead (Pb) and zinc (Zn) values. The widest zone at the bottom of the hole returned an intercept of 3.57 metres (true width 3.08 metres) grading 0.14 g/t Au, 21 g/t Ag, 0.82% Pb and 2.63% Zinc. The La Esperanza silver-lead-zinc project covers 14,916 hectares, located 100 km SSE of the city of Durango on the border between Durango and Zacatecas States. The project site is easily accessible from Canasil’s operating base in Durango with excellent infrastructure. The project location in southern Durango and northern Zacatecas States is on the well-recognized world class Fresnillo silver belt, hosting a number of prominent silver mines such as San Martin-Sabinas mines of Grupo Mexico and Penoles, the La Colorada mine of Pan American Silver and La Parrilla and Del Toro mines of First Majestic Silver and Fresnillo PLC’s Fresnillo mine. | |
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