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Canasil Starts Drilling at La Esperanza Silver-Gold-Zinc-Lead Project

Canasil Starts Drilling at La Esperanza Silver-Gold-Zinc-Lead Project Canada NewsW...

articleCanasil Resources Inc.May 24, 20183/company/canasil-resources-inc/news/canasil-starts-drilling-at-la-esperanza-silver-gold-zinc-lead-project
Canasil Starts Drilling at La Esperanza Silver-Gold-Zinc-Lead Project

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[{"type":"text","content":"\n\n\n\nCanasil Starts Drilling at La Esperanza Silver-Gold-Zinc-Lead Project\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, May 24, 2018\n\n\n\nTSX-V: CLZ www.canasil.com \n\n\n\nVANCOUVER, May 24, 2018 /CNW/ - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, \"Canasil\") announces that drilling has started at the La Esperanza silver-gold-zinc-lead project in Durango and Zacatecas States, Mexico. The drill program is planned to follow up on the positive drill results from the 2016-17 drill program on the La Esperanza vein, located in the southeast of the project area.\n\nCanasil President & CEO, Bahman Yamini, commented: \"We are pleased that drilling has resumed at La Esperanza; the project covers a large area hosting multiple vein systems with potential for high-grade silver-gold-zinc-lead mineralization. The main La Esperanza vein, where the recent and current drill programs have been focused, demonstrates signs of a strong mineralized system and has consistently returned wide high-grade intercepts from drilling to date. This vein has only been tested over a limited zone along the potential strike of the vein at a relatively high level in the system. There should be excellent opportunities for expanding the mineralized envelope along strike and to depth.\"  \n\nThe first drill hole ES-18-20 is targeted to test 50 metres below and 25 metres to the southeast along strike from the high grade intercept in drill hole ES-17-16 on the southeastern extension of the vein. The second drill hole will be targeted to test 50 metres below and 25 metres to the northwest along strike from drill hole ES-17-19 on the northwestern side of the La Esperanza vein. ES-17-16 intercepted the vein on the southeast extension of the vein at a vertical depth of 200 metres below surface with an interval of 4.92 metres true width returning 257 g/t silver, 0.64% zinc and 0.63% lead, including a high grade zone of 0.95 metres true width returning 1,133 g/t silver, 1.56% zinc and 2.98% lead. ES-17-19 intercepted the La Esp...

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