Canasil Resources Reports 57 Metres of 118 g/t Silver at the Sandra-Escobar Project in Durango State, Mexico Silver Mexico

VANCOUVER, Sept. 28, 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 reported that the Phase-3 core drilling program continues to intercept silver mineralization in the southeastern region of the Sandra-Escobar project in Durango State,Mexico. Results from drill holes SA-16-049 to SA-16-053 are reported in the table below. The project is being advanced by Orex under an option agreement with Canasil announced onSeptember 15, 2015.

Highlights for this batch of holes, all located on the northern side of the Main Zone, include SA-16-050, which yielded 57.00 metres core length (46.00 m true thickness) grading 118 g/t silver, starting from surface, and SA-16-049, which yielded 41.00 metres core length (35.00 m true thickness) grading 106 g/t silver, also starting from surface. These results extend the mineralized envelope delineated in the central portion of the Main Zone a further 50 to 100 metres to the North.

Leave a Reply