Canasil Drill Hole Returns 1.70 Metres with 20.59 g/t Au and 1,290 g/t Ag (2,783 g/t AgEq*), and 3.66 Metres with 6.44 g/t Au and 884 g/t Ag (1,355 g/t AgEq*) in Multiple Drill Intercepts from the Candy Vein at the Nora Silver-Gold Project in Durango State, Mexico VANCOUVER, British Columbia, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces results from the first drill hole of the 2021 follow up drill program, NRC-21-09, testing below the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Drill hole NRC-21-09, targeted the Candy vein structure 60 metres down dip below NRC-20-06, and returned a 32-metre mineralized structure with multiple high-grade gold and silver intercepts with higher gold and silver grades over wider widths than the NRC-20-06 intercepts (announced Dec. 09, 2020).
Highlights include:
1.70 metres (m), true width (TW) 1.53 m with 20.59 g/t gold and 1,290 g/t silver for 2,783 g/t AgEq* from the Candy vein, including; 0.70 m (TW 0.63 m) with 43.70 g/t gold and 1,290 g/t silver for 4,458 g/t Ag Eq*. 3.63 m (TW 3.29 m) with 6.44 g/t gold and 884 g/t silver for 1,355 g/t AgEq*, up-hole from the above intercept, referred to as the Candy hanging wall structure, including; 2.03 m (1.84 m TW) with 8.45 g/t gold and 1,021 g/t silver for 1,634 g/t AgEq*, and; 0.50 m (TW 0.45 m) with 15.6 g/t gold and 561 g/t silver for 1,692 g/t AgEq*. 3.00 m (TW 2.71 m) carrying 2.76 g/t gold and 250 g/t silver for 450 g/t AgEq*, in a lower intercept, referred to as the Candy foot wall structure, including; 1.00 m (0.90 m TW) with 6.19 g/t gold and 319 g/t silver for 768 g/t AgEq*.
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