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Canasil Files Technical Report for Brenda Gold-Copper Project Located in the Kemess-Toodoggone District, British Columbia, Canada
Canasil Files Technical Report for Brenda Gold-Copper Project Located in the Kemess-Toodog...
About this update from Canasil Resources Inc.
[{"type":"text","content":"\n\n\n\nCanasil Files Technical Report for Brenda Gold-Copper Project Located in the Kemess-Toodoggone District, British Columbia, Canada\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 15, 2017\n\n\n\nTSX-V: CLZwww.canasil.com \n\n\n\nVANCOUVER, Nov. 15, 2017 /CNW/ - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, \"Canasil\" or the \"Company\") announces that it has filed a Technical Report for the Company's 100% owned Brenda Gold-Copper Project, located in the Kemess-Toodoggone District, British Columbia, Canada. The Brenda project will be the \"property of merit\" for the planned spin-off of the Company's BC projects into a separate company, Canmine Minerals Inc. (\"Canmine\"). A Special Meeting of Shareholders is planned for December 12, 2017, to consider the spin-off transaction, which was previously announced on July 26 and October 24, 2017, and which is subject to approval by the TSX Venture Exchange.\n\nThe Brenda project covers 4,450 hectares (44.5 Sq. km.) located 15 km northwest of the AuRico Metals Inc. (\"AuRico Metals\", TSX:AMI) Kemess Underground and Kemess East deposits in a region recognized for hosting porphyry gold and copper deposits. The Company has undertaken systematic exploration programs on the Brenda project including satellite imaging, geological mapping and surface sampling, airborne and ground geophysical surveys and 12,000 metres of core drilling in 65 drill holes intersecting widespread gold-copper mineralization. These programs have identified additional unexplored targets for hosting gold-copper mineralization within the project area that are recommended for further exploration, including deeper sensing airborne and ground geophysics followed by drilling.\n\nThe report containing details of these programs titled \"NI 43-101 Technical Report on the Brenda Gold-Copper Project\" dated September 12, 2017 (the \"Technical Report\") is available on SEDAR (www.sedar.com), and on the Company's website (www.canasil.com). The Technical Report was prepared for Can...