Canasil Resources Inc. (TSXV:CLZ) announced that MAG Silver Corp.’s (TSX:MAG) crews are preparing to begin work on the Phase 2 drilling program at Canasil’s Mexico-based La Esperanza silver-zinc-lead project.

As quoted in the press release:

Plans include up to 3,500 metres of diamond drilling to test three silver-lead-zinc veins in the northwest of the project area. This drill program will be part of the CAD$1,500,000 exploration expenditures required between September 2012 and September 2013 under the option agreement for MAG to earn a 60% interest in the La Esperanza project.

Click here to read the full Canasil Resources Inc. (TSXV:CLZ) press release.