Business
Canasil Reviews Drill-Ready Silver-Gold-Base Metal Projects in Durango and Zacatecas States, Mexico
Canasil Reviews Drill-Ready Silver-Gold-Base Metal Projects in Durango and Zacatecas State...
About this update from Canasil Resources Inc.
[{"type":"text","content":"\n\n\n\nCanasil Reviews Drill-Ready Silver-Gold-Base Metal Projects in Durango and Zacatecas States, Mexico\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, Aug. 22, 2019\n\n\n\nTSX-V: CLZ www.canasil.com \n VANCOUVER, Aug. 22, 2019 /CNW/ - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, \"Canasil\" or the \"Company\") is reviewing plans for renewed exploration on four 100%-owned drill ready silver-gold-base metal projects located in the \"Mexican Silver Belt\" within Durango and Zacatecas States, Mexico. These projects are all located on this highly prospective mineral trend that hosts a number of major silver-gold mines and deposits. Two of the projects, La Esperanza and Salamandra have had extensive previous exploration, including drilling that returned intervals of high-grade silver-gold and base metal (detailed below), defining zones that are open for expansion. Two other projects, Nora and Vizcaino, are high-grade silver-gold epithermal vein targets where surface sampling has defined drill targets for testing. An overview of these projects is presented below for reference.\nLa Esperanza Silver-Gold-Zinc-Lead, Durango and Zacataecas, Mexico:\nThe La Esperanza silver-gold-zinc-lead project is located 100 km SSE of the city of Durango in southern Durango and northern Zacatecas States, easily accessible from Canasil's operating base in Durango with excellent infrastructure. The project is located on the well-recognized world class Fresnillo silver belt, in a region hosting a number of prominent silver mines and deposits such as the San Martin-Sabinas mines of Grupo Mexico and Peñoles, the La Colorada mine of Pan American Silver, La Parrilla and Del Toro mines of First Majestic Silver, Fresnillo PLC's Fresnillo mine and MAG Silver and Fresnillo's Juanicipio deposit.\nA series of silver-zinc-lead epithermal veins are found within a northwest striking corridor extending over at least 15 kilometres. The main La Esperanza vein, located in the southeast of the project area, is an epithermal v...