VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/04/12 -- Canasil Resources Inc. ("Canasil") (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces that MAG Silver Corp. (TSX: MAG)(NYSE Amex: MVG) ("MAG") has received the drill permit for the planned Phase 2 drill program at Canasil's La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. MAG has also completed the required CAD$150,000 option payment to [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/08/12 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces completion of the $1 million expenditure requirement to earn 51% interest in Pan American Silver's (Pan American) Escobar claims at the Sandra-Escobar silver-gold project in Durango State, Mexico. As required under the option and joint venture agreement dated March 24, 2009, Canasil [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/08/12 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces completion of the 2012 exploration program at the Sandra-Escobar silver-gold project in northern Durango State, Mexico, outlining seven significant silver-gold targets over an area of 25 square kilometres. The 2012 program included an ASTER satellite alteration survey, surface mapping [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/01/12 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces the discovery of a significant new silver zone at the Sandra-Escobar project in northern Durango State, Mexico. The Company's recently completed surface sampling and geological mapping program has outlined a 600 metres by 200 metres zone of stockwork and disseminated silver [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/05/12 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces that Pan American Silver Corp. (Pan American) (TSX: PAA) has completed an initial Phase 1 diamond drill program at the Carina silver-gold project in Durango State, Mexico. The drill program consisted of 6 drill holes for a total depth of 1,008 metres, as part of an overall planned
Canasil Resources Inc. announces that MAG Silver Corp. has reported significant silver/lead/zinc vein intercepts in the first three diamond drill holes of MAG's exploration program at the La Esperanza silver project in Durango and Zacatecas States, Mexico. MAG is earning a 60% interest in the project from Canasil. The holes were drilled on one section 100 metres North West along strike from previous drilling carried out [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/05/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) is pleased to report that MAG Silver Corp. (MAG) (TSX: MAG)(NYSE Amex: MVG) has started the planned diamond drill program at the La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. The drill program is planned for up to 5,000 metres in 16 drill holes to test two of the
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/01/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces that initial reconnaissance samples from the central zone of an area measuring 2.0 km by 1.5 km highlighted by an airborne ZTEM geophysical survey has returned high gold values, as well as silver and copper in surface samples taken from old pits and dumps of mineralized material. From
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/17/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces that assay results from drill hole SE-11-11, drilled to a depth of 175.6 metres to test the San Francisco vein area at the Sandra-Escobar silver-gold project in Durango State, Mexico, confirm disseminated silver mineralization with 19.09 g/t silver, 0.12% lead and 0.22% zinc over 52.5
ZTEM Airborne Geophysics and Surface Work Define High Priority Drill Targets
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/10/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(DB Frankfurt: 3CC) is pleased to report on an update recently received from MAG Silver Corp. (MAG) (TSX: MAG)(NYSE Amex: MVG) on exploration work completed on the La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. MAG is earning a 60% interest in the property from Canasil under an option agreement dated August 19, 2010. Expenditures on the project reported by MAG up to March 31, 2011, were $500,646.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/06/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(DB Frankfurt: 3CC) announces that the initial 6 drill holes for a total of 682 metres drilled to test four different silver-gold veins at the Sandra-Escobar project in northern Durango State, Mexico, has returned mineralized intercepts from three veins. These included a high-grade intercept of 0.65 metres
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/03/11 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(DB Frankfurt: 3CC) announces that results from the recently completed ZTEM airborne geophysical surveys have outlined encouraging targets at the Company's 100% owned Salamandra and Victoria projects in Durango State, Mexico. The ZTEM geophysical surveys at both projects have highlighted well developed