Canasil Initial Drill Holes Intersect the Candy Vein Structure and Disseminated Silver Mineralization at the Nora Silver-Gold Project in Durango State, Mexico
Original announcement by tmx on
- Company
- Canasil Resources Inc.
- Ticker
- CLZ
- Exchange
- TSX
- Region
- Durango State, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold, Copper, Lead, Zinc
- Document categories
- Drill results
- Extracted
- 2026-08-21 12:51:51 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Canasil Resources has reported encouraging initial drill results from the Nora Silver-Gold Project in Mexico. The first two holes, NRC-20-01 and NRC-20-02, intersected high-grade silver-gold vein mineralization and broader disseminated zones.
Reasoning: Initial drill holes successfully intersected high-grade silver and gold within a narrow vein structure, confirming surface mineralization and providing true width measurements.
Positive factors
- high-grade vein intercept
- true width disclosed
- QA/QC disclosed
- epithermal deposit type
Facts used in scoring: 9
Classification and evidence
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The release explicitly states true width (TW) for the vein intercepts (e.g., 29 cm for NRC-20-01 and 4.80 m for NRC-20-02).
Evidence · text
“29 cm true width (TW)”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The technical information was reviewed and approved by a Qualified Person (J. Blackwell, P. Geo.).
Evidence · text
“reviewed and approved by J. Blackwell (P. Geo.), a Qualified Person”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 440 g/t silver intercept in NRC-20-01 is exceptionally high grade.
Evidence · text
“440 g/t silver”
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Drill Results (9)
NRC-20-01Nora Silver-Gold Project · goldGrade: 1.6Grade Unit: g/tIntercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 1.6
- Grade Unit
- g/t
- Intercept
- 0.29 m
- True Width
- 0.29 m
- From
- 88.7 m
- To
- 88.99 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: 1.60 g/t Au in a 0.29m true width intercept is high grade for this structure.
Positive factors
- Bonanza Intercept
Evidence · text
“NRC-20-01 intersected a narrow vein structure of 29 cm true width (TW) carrying 1.60 g/t gold”
NRC-20-01Nora Silver-Gold Project · silverGrade: 440Grade Unit: g/tIntercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 440
- Grade Unit
- g/t
- Intercept
- 0.29 m
- True Width
- 0.29 m
- From
- 88.7 m
- To
- 88.99 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: 440 g/t Ag is an exceptional grade for silver.
Positive factors
- Bonanza Intercept
Evidence · text
“440 g/t silver”
NRC-20-01Nora Silver-Gold Project · copperGrade: 2.51Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora Silver-Gold Project
- Commodity
- copper
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 2.51
- Grade Unit
- %
- Intercept
- 0.29 m
- True Width
- 0.29 m
- From
- 88.7 m
- To
- 88.99 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Significant copper grade in a narrow vein intercept.
Evidence · text
“2.51% copper”
NRC-20-01Nora Silver-Gold Project · leadGrade: 2.11Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora Silver-Gold Project
- Commodity
- lead
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 2.11
- Grade Unit
- %
- Intercept
- 0.29 m
- True Width
- 0.29 m
- From
- 88.7 m
- To
- 88.99 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Presence of lead in the vein intercept.
Evidence · text
“2.11% lead”
NRC-20-01Nora Silver-Gold Project · zincGrade: 0.61Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora Silver-Gold Project
- Commodity
- zinc
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 0.61
- Grade Unit
- %
- Intercept
- 0.29 m
- True Width
- 0.29 m
- From
- 88.7 m
- To
- 88.99 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Presence of zinc in the vein intercept.
Evidence · text
“0.61% zinc”
NRC-20-02Nora Silver-Gold Project · goldGrade: 0.72Grade Unit: g/tIntercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 0.72
- Grade Unit
- g/t
- Intercept
- 4.82 m
- True Width
- 4.8 m
- From
- 120.86 m
- To
- 125.68 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Wide vein intercept with moderate gold grade.
Evidence · table
“0.72”
Context: 4.82
NRC-20-02Nora Silver-Gold Project · silverGrade: 21Grade Unit: g/tIntercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 21
- Grade Unit
- g/t
- Intercept
- 4.82 m
- True Width
- 4.8 m
- From
- 120.86 m
- To
- 125.68 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Silver grade in the wide vein intercept.
Evidence · table
“21”
Context: 4.82
NRC-20-02Nora Silver-Gold Project · goldGrade: 1.81Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 1.81
- Grade Unit
- g/t
- Intercept
- 0.4 m
- True Width
- 0.38 m
- From
- 123.95 m
- To
- 124.35 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-02:123.95-124.35
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Higher grade sub-interval within the vein.
Evidence · table
“1.81”
Context: 0.40
NRC-20-02Nora Silver-Gold Project · silverGrade: 62Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Durango State, Mexico
- Ticker
- CLZ
Geometry
- Grade
- 62
- Grade Unit
- g/t
- Intercept
- 0.4 m
- True Width
- 0.38 m
- From
- 123.95 m
- To
- 124.35 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
- Group ID
- NRC-20-02:123.95-124.35
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Higher grade silver sub-interval.
Evidence · table
“62”
Context: 0.40
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.