# Canasil Initial Drill Holes Intersect the Candy Vein Structure and Disseminated Silver Mineralization at the Nora Silver-Gold Project in Durango State, Mexico

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81

Original source: https://money.tmx.com/en/quote/CLZ/news/6888362376476866/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated-

Publisher: tmx

Original announcement: 2020-09-10T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: high-grade vein intercept

- Positive factor: true width disclosed

- Positive factor: QA/QC disclosed

- Positive factor: epithermal deposit type

Facts used in scoring: 9

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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-20-01

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-0)

Nora Silver-Gold Project · gold

#### 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 factor: 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-20-01

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-1)

Nora Silver-Gold Project · silver

#### 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 factor: Bonanza Intercept

Evidence · text

> 440 g/t silver

### NRC-20-01

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-2)

Nora Silver-Gold Project · copper

#### 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-20-01

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-3)

Nora Silver-Gold Project · lead

#### 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-20-01

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-4)

Nora Silver-Gold Project · zinc

#### 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-20-02

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-5)

Nora Silver-Gold Project · gold

#### 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-20-02

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-6)

Nora Silver-Gold Project · silver

#### 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-20-02

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-7)

Nora Silver-Gold Project · gold

#### 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-20-02

[Link to this fact](https://atlas-staging.minestarters.com/news/canasil-initial-drill-holes-intersect-the-candy-vein-structure-and-disseminated--cf5521b0-9059-4e2e-b3c7-5d0fb2195c81#fact-drill-facts-8)

Nora Silver-Gold Project · silver

#### 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.
