- Canasil Resources (CLZ) has mobilized crews at its Nora Silver-Gold Project
- The drill rig and logistics equipment are on site and drilling is underway
- The Nora Silver-Gold Project, located in north-central Durango State, Mexico
- The initial focus of the 2021 drill program will be to test high-grade gold and silver values returned from the 2020 drill program
- Canasil Resources is unchanged, trading at $0.14 at 9:30 am ET
Canasil Resources (CLZ) has mobilized crews at its Nora Silver-Gold Project.
The drill rig and logistics equipment are on site and drilling is underway.
The Nora Silver-Gold Project, located in north-central Durango State, Mexico.
The initial focus of the 2021 drill program will be to test below, between and on strike extensions from high-grade gold and silver values returned from the 2020 drill program.
The results from the six drill holes in the 2020 program, along 500 metres of the 3-kilometre traced strike of the Candy Vein represent an initial discovery at the Nora project and warrant a larger Phase 2 follow up drill program.
Drilling has started and will be initially testing 60 metres down dip from the 2020 intercepts in drill holes which returned very high gold and silver values from the Candy Vein.
Systematic grid soil sampling over an area of 3 kilometres by 2 kilometres covering the Candy and Nora veins and projected extensions, showed elevated silver, base metal (copper, lead and zinc) and pathfinder (antimony and arsenic) values.
Vancouver-based Canasil is a mineral exploration company with a strong portfolio of 100-per-cent owned silver-gold-copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia.
Canasil Resources is unchanged, trading at $0.14 at 9:30 am ET.