Canasil Resources Initial 2020-21 Drill Holes Extend the La Esperanza Mineralized Envelope Along Strike and to Depth

Canasil 170321

VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”, the “Company”) 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 on the northwest extension is currently in progress. The first three drill holes have all intersected the La Esperanza vein as projected, with the intercept points shown on the long sections below.

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