Canasil and MAG Silver Sign Option and Joint Venture Agreement on La Esperanza Project

- August 23rd, 2010

Canasil Resources Inc. (CVE:CLZ) and MAG Silver Corp.(TSE:MAG) announced the signing of a binding letter agreement providing for MAG to earn a 60% interest in Canasil’s 18,954 hectare La Esperanza Silver project in Zacatecas and Durango States, Mexico.

Canasil Resources Inc. (TSXV:CLZ) and MAG Silver Corp.(TSX:MAG) announced the signing of a binding letter agreement providing for MAG to earn a 60% interest in Canasil’s 18,954 hectare La Esperanza Silver project in Zacatecas and Durango States, Mexico.

The press release is quoted as saying:

Canasil is a Canadian mineral exploration company with interests in precious and base metal projects in Durango, Sinaloa and Zacatecas States, Mexico, and in British Columbia, Canada.

Click here to access the entire press release

Click here to access Canasil Resources Inc. Corporate Site

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