Canasil Reports Positive Progress On 2021 Drill Program at the Nora Silver-Gold-Copper-Zinc-Lead Project in Durango State, Mexico

Vancouver, July 29, 2021 – Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) 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 the 2020 drill holes NRC-20-04 and NRC-20-06 on the Candy vein structure, as previously reported in the news release dated July 06, 2021, announcing the start of the drill program. A total of 790 metres of core drilling has been completed since the start of the program in early July 2021.

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