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Canasil Resources Inc. (TSXV:CLZ,FWB:3cc) announced that drilling by MAG Silver (TSX:MAG) has encountered silver intercepts at the Mexico-based La Esperanza project.
Canasil Resources Inc. (TSXV:CLZ,FWB:3cc) announced that drilling by MAG Silver (TSX:MAG) has encountered silver intercepts at the Mexico-based La Esperanza project.
As quoted in the press release:
The best results are reported in the deepest hole ES12-03, which intersected a 10.28 metre (8.22 metres true width) section of quartz vein and breccia assaying 97 grams per tonne (“g/t”) silver (2.8 ounces per ton (“opt”)), 1.1% lead and 2.3% zinc.
Canasil’s President and CEO, Bahman Yamini said:
Following the ZTEM airborne survey and surface sampling programs, and expansion of the project area with additional 50,000 hectares of claims, these initial positive drill intercepts are very encouraging. They confirm significant silver/lead/zinc mineralization over very favourable widths on a 100 metre step out from previous drilling on the La Esperanza vein structure.
Click here for the Canasil Resources Inc. (TSXV:CLZ) press release.
