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MAG Silver Starts Drill Program and Adds 50,000 Hectare Claim at La Esperanza Silver Project
Dec. 05, 2011 08:26AM PST
Silver InvestingCanasil Resources Inc. (TSXV:CLZ,FWB:3CC) announced that MAG Silver’s (TSX:MAG) drilling program at the Mexico-based La Esperanza project has begun.
Canasil Resources Inc. (TSXV:CLZ,FWB:3CC) announced that MAG Silver’s (TSX:MAG) drilling program at the Mexico-based La Esperanza project has begun.
As quoted in the press release:
The drill program is planned for up to 5,000 metres in 16 drill holes to test two of the veins in the project area, including extensions of the La Esperanza vein previously drill tested by Canasil with encouraging results. MAG is earning a 60% interest in the property from Canasil under an option agreement dated August 19, 2010.
Click here for the Canasil Resources Inc. (TSXV:CLZ) press release.
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