Canasil Reports Awarding of Metallurgical Testing Contract at the Sandra-Escobar Project in Durango State, Mexico

VANCOUVER, June 27, 2016 /CNW/ – Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) is pleased to announce that Orex Minerals Inc. (TSX-V: REX, “Orex”) has awarded to SGS Minerals Services a contract for initial metallurgical testing on composite core samples from the recent drill programs in the southeastern region of the Sandra-Escobar project in Durango State, Mexico. The project is being advanced by Orex under an option agreement with Canasil announced on September 15, 2015. Phase-1 and Phase-2 drill programs for a total of 4,357 metres in 38 drill holes have been completed to date with all results already announced in news releases from January to May 2016. As previously announced, the consulting firm Mining Plus is in the process of completing an initial resource estimate based on the drill results to date, which is expected towards the end of July or early August 2016.

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