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Canasil Reports 67 Metres of 192 g/t SIlver at Sandra-Escobar Projet

Jocelyn Aspa
Aug. 29, 2016 09:34AM PST
Silver Investing

Canasil Resources (TSXV:CLZ) has announced that Orex Minerals (TSXV:REX) has reported additional silver mineralized intercepts from the initial 5 drill holes of the Phase-3 core drilling program at the Sandra-Escobar project in Mexico. As quoted in the press release: Highlight for this batch of holes is SA-16-041, which yielded a core intercept of 67 metres …

Canasil Resources (TSXV:CLZ) has announced that Orex Minerals (TSXV:REX) has reported additional silver mineralized intercepts from the initial 5 drill holes of the Phase-3 core drilling program at the Sandra-Escobar project in Mexico.
As quoted in the press release:

Highlight for this batch of holes is SA-16-041, which yielded a core intercept of 67 metres (58 metres true thickness) grading 192 g/t silver, starting from surface. Within this is a sub-interval of 2.00 metres (1.73 m true thickness) grading 1,216 g/t silver.
Holes SA-16-041, 042 and 043 are in-fill drill holes in the Main Zone to tighten section spacing in this area to 50 metres. Hole SA-16-039 is located in a faulted corridor between the Main Zone and Burro Zone, and hole SA-16-040 is a 50-metre step out to the south of the Main Zone to further define extensions of the mineralized zone in this direction.
Canasil President & CEO, Bahman Yamini, commented: “These initial results from the Phase-3 drill program continue to return strong silver mineralization over a significant thickness in the centre of the Main Zone. Results from the current drill program will contribute to the preparation of the initial resource estimate based on the Main Zone, and to continued exploration to expand the zones of silver mineralization in the southeast area of Sandra-Escobar project.” 

Click here to read the full press release.

tsxv:clz tsxv:rex canasil resources
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