Canasil Reports 2.35 Meters of 750 g/t Silver Equivalent at La Esperanza Project

- April 5th, 2017

Canasil Resources Inc. (TSXV:CLZ) released assay results for drill holes ES-17-16 and ES-17-17, both of which were completed as part of a 2016/2017 drill program at the Mexico-based La Esperanza silver-zinc-lead project.

Canasil Resources Inc. (TSXV:CLZ) released assay results for drill holes ES-17-16 and ES-17-17, both of which were completed as part of a 2016/2017 drill program at the Mexico-based La Esperanza silver-zinc-lead project. Both holes intersected multiple silver-zinc-lead mineralized intercepts.
As quoted in the press release:

ES-17-16 intersected 5.94 metres (m) (true width (TW) 4.92 m) of 321 grammes per tonne silver equivalent* (g/t Ag Eq), including high-grade intervals of 2.35 m (TW 1.95 m) of 750 g/t Ag Eq, which included 1.15 m (TW 0.95 m) of 1,362 g/t Ag Eq – detailed assays are listed in the table below.  ES-17-16 was a 60-metre step-out to the southeast from the prior vein intercepts in the southeastern zone of the La Esperanza vein, and extends the confirmed strike length of the La Esperanza vein to approximately 400 metres. This relatively wide intercept with high-grade intervals, located high in the vein system, is very encouraging and opens the southeastern zone for further drill testing along strike and to depth.
Drill hole ES-17-17 intercepted a series of mineralized intervals spread through a structure extending over 32.62 m (28.24 m TW) from 240.15 to 272.72 metres. These included three hanging wall (HW) vein intercepts, the Main vein and a narrow footwall (FW) veinlet. The principal HW vein returned 1.98 m (TW 1.71 m) of 332 g/t Ag Eq, including 1.19 m (TW 1.03 m) of 438 g/t Ag Eq. The Main vein returned 6.71 m (TW 5.81 m) of 376 g/t Ag Eq, including 0.91 m (TW 0.79 m) of 606 g/t Ag Eq, and 0.90 m (TW 0.78 m) of 498 g/t Ag Eq, with details listed below. These intercepts are relatively high in the central zone of the vein (approximately 250 m below surface), and the bladed textures observed in the core are suggestive of the upper horizons of epithermal vein systems, leaving the central zone of the La Esperanza vein open to depth.

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

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