Canasil Reports Silver Findings at the Sandra-Escobar Project

- October 19th, 2016

Canasil Resources Inc. (TSXV: CLZ) (DB Frankfurt: 3CC) (“Canasil” or the “Company”) today announced results from  Orex Minerals’ (TSXV: REX) (“Orex”) Phase-III core drilling program at the Sandra-Escobar Project in Durango, Mexico. As quoted in the press release: A highlight for this batch of holes is SA-16-057 in the south side of the Main Zone, which … Continued

Canasil Resources Inc. (TSXV: CLZ) (DB Frankfurt: 3CC) (“Canasil” or the “Company”) today announced results from  Orex Minerals’ (TSXV: REX) (“Orex”) Phase-III core drilling program at the Sandra-Escobar Project in Durango, Mexico.
As quoted in the press release:

A highlight for this batch of holes is SA-16-057 in the south side of the Main Zone, which yielded 41.00 metres core length (33.58 metres true thickness) grading 108 g/t silver, starting 45 metres below surface. This includes 11.00 metres core length (9.01 metres true thickness) grading 237 g/t silver.
While these returned generally thinner and lower grade silver intercepts than seen in the Main Zone, they confirm that the favourable horizon in this area is mineralized and the structure is similar including both the upper and lower mineralized intervals.
Additional activities reported by Orex on the Sandra-Escobar exploration program include an airborne magnetic and radiometric survey being flown by Geotech Ltd. this week and an initial Resource Estimate being prepared by Mining Plus, reported to be due for completion around the end of October. Metallurgical work is also currently in progress.

Click here for the full text release.

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