• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Canasil Announces La Esperanza Drill Hole Results

    Written by Melissa Shaw
    |
    May. 02, 2017 09:37AM PST

    Canasil Resources (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces assay results for drill holes ES-17-18 and ES-17-19 of the 2016-17 core drilling program at the La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. Both drill holes intersected wide mineralized intervals with multiple silver-zinc-lead intercepts, with appreciable gold values in ES-17-19, reporting high-grade intervals …

    Canasil Resources (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces assay results for drill holes ES-17-18 and ES-17-19 of the 2016-17 core drilling program at the La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico.
    Both drill holes intersected wide mineralized intervals with multiple silver-zinc-lead intercepts, with appreciable gold values in ES-17-19, reporting high-grade intervals from the La Esperanza vein. These holes now complete the current drill program, which was expanded to eight drill holes for a total of 2,452 metres (m). All drill holes successfully intersected the La Esperanza vein indicating a strong mineralized system which remains open in both directions to the southeast and northwest along strike and to depth. Of particular note are the high gold grades observed for the first time together with high silver grades in drill hole ES-17-19.
    As quoted in the press release:

    ES-17-18 intersected multiple mineralized bands over an interval of 7.82 m (true width (“TW”) 6.77 m) returning an average of 141 grammes per tonne silver equivalent* (g/t Ag Eq). This interval included higher-grade intervals of 2.16 m (TW 1.87 m) of 357 g/t Ag Eq, which included 0.67 m (TW 0.58 m) of 479 g/t Ag Eq – detailed assays are listed in the table below. ES-17-18 is a 50-metre step-out to the northwest and at the same vertical depth of drill hole ES-12-03 and appears to be located in the higher levels of the vein system.
    Drill hole ES-17-19 intercepted three vein intervals through an overall mineralized structure extending over 12.97 m (TW 11.23 m) from 296.44 to 308.62 metres. These included a hanging wall (HW) vein intercept, the Main vein and a footwall (FW) vein with details listed in the table below. The overall intercept returned 12.97 m (11.23 m TW) of 382 g/t Ag Eq, with the HW vein returning 2.39 m (TW 2.07 m) of 406 g/t Ag Eq.

    Click here to read the full text release.

    canasil resources
    The Conversation (0)

    Go Deeper

    AI Powered

    Salazar Intersects 5.3 m at 32 g/t Gold, 321 g/t Silver, 1.0% Copper, 5.0% Lead and 10.0% Zinc

    First Majestic Reports Exploration Success for Navidad at Santa Elena

    Latest News

    Questcorp Mining to Exercise Option to Acquire 100% of North Island Copper Project

    Noble Mineral Exploration Acquires Lucas Gold Project From Canada Nickel Company

    Brixton Metals Reports 97.0% Gold Recovery in Initial Metallurgical Work from the Trapper Gold Target

    RENFORTH INTERSECTS BROAD NICKEL-COBALT AND ZINC-COPPER-SILVER MINERALIZATION IN VICTORIA UNDERCUT DRILLING, INCLUDING 118.0 m OF 0.081% Ni AND 10.9 m OF 0.544% Zn

    Renforth Successfully Intersects Gold in Both Drillholes Undercutting Surface Gold Results within the 2025 MRE Pit Shell at Wholly Owned Parbec Gold Deposit in Malartic, Quebec

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES