Canasil Resources Inc. reports completion of three drill holes, NRC-21-09, NRC-21-10, and NRC-21-11, with a fourth drill hole, NRC-21-12, in progress and nearing completion at the Nora silver-gold project in north-central Durango State, Mexico. The targets of these four drill holes are below and between high-grade gold and silver intercepts from [...]
Canasil Resources Inc. announces mobilization and start of the 2021 drill program at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are on site and drilling is underway. The initial focus of the 2021 drill program will be to test below, between and on strike extensions from high-grade gold [...]
Canasil Resources Inc. announces closing of a non-brokered private placement of 7,900,000 units at a price of $0.10 per Unit for total gross proceeds $790,000, effective May 17, 2021. The Placement was initially announced for $500,000 and subsequently increased to $750,000 through news releases on April 27 and May 11, 2021. The closing of the [...]
Canasil Resources Inc. announces that the previously announced non-brokered private placement of up to 5,000,000 units at a price of $0.10 per Unit for total gross proceeds of up to $500,000 is oversubscribed and has been increased to 7,500,000 units for $750,000. All other terms remain unchanged. A finder's fee may be paid with respect to all or [...]
Canasil Resources Inc. announces a non-brokered private placement of up to 5,000,000 units at a price of $0.10 per Unit for total gross proceeds of up to $500,000 to fund drill programs on the Company's silver-gold projects in Durango and Zacatecas States, Mexico. A finder's fee may be paid with respect to all or part of this Placement. The terms [...]
Canasil Resources Inc. reports results from the first three drill holes of the 2020-21 drill program targeting the southeast extension of the La Esperanza vein at the La Esperanza silver-gold project in Durango and Zacatecas States, Mexico. All three drill holes returned wide altered and mineralized intercepts with narrow higher grade bands marking [...]
Canasil Resources Inc. is pleased to announce that it has entered into a consulting agreement with Mr. James Berard to provide investor relations and communication services and introduce financial professionals to the Company. Mr. Berard has spent the past 17 years working in the public markets as an investor relations consultant with a number of [...]
Canasil Resources Inc. provides an update on the 2020-21 drill program at the La Esperanza silver-gold project in Durango and Zacatecas States, Mexico. Drill holes ES-20-22, ES-21-23 and ES-21-24 on the southeast extension of the La Esperanza vein have been completed to downhole depths of 171 m, 406 m and 422 m respectively, and drill hole ES-21-25 [...]
Canasil Resources Inc. announces completion of an updated NI 43-101 Technical Report for the Company's 100% owned Brenda Gold-Copper Project, located in the Kemess-Toodoggone District. The Technical Report highlights include: The Brenda project is a Cu-Au-Mo porphyry system with potentially elevated gold and copper grades due to reactive [...]
Canasil Resources Inc. announces results from a review of the recently completed drill program and prior geochemical soil sampling at the Nora silver-gold project in north-central Durango State, Mexico. The high-grade gold and silver values returned from the drill program, particularly drill holes NRC-20-04 and NRC-20-06, are extremely encouraging [...]
Canasil Resources Inc. announces that drilling has resumed after the year-end holidays at the La Esperanza silver-gold-zinc-lead project in southern Durango and northern Zacatecas States, Mexico. The first drill hole of the planned program, ES-20-22, was completed prior to the year-end on the SE strike extension of the La Esperanza vein to a depth [...]
Canasil Resources Inc. announces that the planned drill program is underway at the La Esperanza silver-gold project in southern Durango and northern Zacatecas States, Mexico, following completion of the Company’s drill program at its Nora project. Canasil President and CEO, Bahman Yamini, commented: “We are pleased to report that [...]