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Canasil Resources Plans Drill Mobilization to Resume Drilling at the Nora Silver-Gold Project in Durango State, Mexico
VANCOUVER, British Columbia, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces plan
About this update from Canasil Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces plans for mobilization and resumption of core drilling at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are expected to be on site to start drilling during the week of November 15, 2021. The focus of this follow up 2021 drill program will be to test below and along strike extensions of the Candy vein high-grade gold and silver panel defined by the 2020 and 2021 drill programs to date. All ten drill holes completed to date along 500 metres of the 3-kilometre traced strike of the Candy vein, and to a depth of 175 metres below surface, have intersected the vein and returned positive silver-gold results. These intercepts represent an initial discovery at the Nora project and warrant continued drilling to expand the high-grade silver and gold mineralized panel outlined by these drill holes. A long section showing all ten drill intercepts with widths and grades is included below, together with projected intercept points of planned drill holes for reference. Current weather and site conditions are very favourable for effective and efficient drilling and it is anticipated that several drill holes can be completed before the year-end holiday break on December 17, 2021. Drilling will be focused below and on strike extension to the north of drill holes NRC-21-09 and NRC-21-12 which returned the widest intercepts and highest silver and gold grades to date from the Candy vein, as detailed in the table below: Nora Project, Durango State, Mexico – 2021 Candy Vein Core Drill Hole Results NRC-21-09 & NRC-20-12 Vein/Structure From To Width True Width Gold Silver Copper Lead Zinc Ag. Eq.* Metres Metres Metres Metres g/t g/t % % % g/t NRC-21-09 (reported on Aug. 12, 2021) CANDY HW 180.97 184.60 3.63 3.29 6.44 884 0.03 0.10 0.22 1,355 INCLUDES 180.97 183.00 2.03 1.84 8.45 1,021 0.04 0.12 0.29 1,634 INCLUDES 182.00 183.00 1.00 0.90 9.36 1,100 0.02 0.13 0.24 1,779 CANDY VEIN 190.00 191.00 1.00 0.90 1.65 431 0.00 0.03 0.14 550 CANDY VEIN 194.90 196.60 1.70 1.53 20.59 1,290 0.04 0.12 0.29 2,783 INCLUDES 195.90 196.60 0.70 0.63 43.70 1,290 0.05 0.18 0.38 4,458 CANDY VEIN 206.00 207.00 ...