Canasil's 2019 Sampling Returns High Grade Silver-Gold-Copper-Zinc-Lead Results at the Nora Projects 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, Zinc, Lead
Document categories
Drill results, Other
Extracted
2026-08-21 12:56:21 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Canasil Resources reported high-grade silver, gold, copper, zinc, and lead surface sampling results from the Candy vein at the Nora project in Mexico. The samples, taken from vein outcrops and mineralized dumps, show significant mineralization over a 918-metre strike length, providing high-priority targets for future drilling.

Reasoning: High-grade surface sampling (up to 12.55 g/t Au and 605 g/t Ag) across a 900m strike length provides strong targets for discovery drilling.

Positive factors

  • High grade silver and gold intercepts
  • Significant strike length indicated
  • Presence of mineralized dumps

Negative factors

  • Surface sampling only (no drilling to date)
  • Potential for oxidation/complexity

Facts used in scoring: 10

Atlas analysis — Canasil Resources Inc.: Canasil's 2019 Sampling Returns High Grade Silver-Gold-Copper-Zinc-Lead Results at the Nora Projects in Durango State, Mexico. 605 g/t over 1 m; 12.2 g/t over 0.4 m

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Technical information 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: Sample 14311 contains 12.55 g/t Au, which is exceptionally high for an epithermal target.

Evidence · table

“12.55”

Context: 0.4

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Drill Results (10)

14278Nora Project · goldGrade: 3.72Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
14278
Project
Nora Project
Commodity
gold
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
3.72
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
surface
Group ID
14278:0-1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 3.72 g/t Au is a strong intercept for an epithermal target.

Positive factors

  • High grade gold

Evidence · table

“3.72”

Context: 1

14278Nora Project · silverGrade: 605Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
14278
Project
Nora Project
Commodity
silver
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
605
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
surface
Group ID
14278:0-1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 605 g/t Ag is exceptionally high.

Positive factors

  • Bonanza silver grade

Evidence · table

“605”

Context: 1

14278Nora Project · copperGrade: 0.97Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
14278
Project
Nora Project
Commodity
copper
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
0.97
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface
Group ID
14278:0-1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 0.97% Cu is a solid secondary metal for this system.

Positive factors

  • Presence of copper

Evidence · table

“0.97”

Context: 1

14278Nora Project · leadGrade: 1.17Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
14278
Project
Nora Project
Commodity
lead
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
1.17
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface
Group ID
14278:0-1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 1.17% Pb is a significant byproduct.

Positive factors

  • Presence of lead

Evidence · table

“1.17”

Context: 1

14278Nora Project · zincGrade: 0.4Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
14278
Project
Nora Project
Commodity
zinc
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
0.4
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface
Group ID
14278:0-1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 0.4% Zn is present as a byproduct.

Positive factors

  • Presence of zinc

Evidence · table

“0.40”

Context: 1

14311Nora Project · goldGrade: 12.55Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
14311
Project
Nora Project
Commodity
gold
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
12.55
Grade Unit
g/t
Intercept
0.4 m

Classification

Sample Type
surface
Group ID
14311:0-0.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 12.55 g/t Au is an exceptional grade for an epithermal target.

Positive factors

  • Bonanza gold intercept

Evidence · table

“12.55”

Context: 0.4

14311Nora Project · silverGrade: 12.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
14311
Project
Nora Project
Commodity
silver
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
12.2
Grade Unit
g/t
Intercept
0.4 m

Classification

Sample Type
surface
Group ID
14311:0-0.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 12.2 g/t Ag is relatively low compared to other samples in this set.

Evidence · table

“12.2”

Context: 0.4

14311Nora Project · copperGrade: 1.02Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
14311
Project
Nora Project
Commodity
copper
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
1.02
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface
Group ID
14311:0-0.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 1.02% Cu is a strong intercept for a byproduct metal.

Positive factors

  • Strong copper grade

Evidence · table

“1.02”

Context: 0.4

14311Nora Project · leadGrade: 2.67Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
14311
Project
Nora Project
Commodity
lead
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
2.67
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface
Group ID
14311:0-0.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 2.67% Pb is a significant byproduct.

Positive factors

  • Strong lead grade

Evidence · table

“2.67”

Context: 0.4

14311Nora Project · zincGrade: 0.68Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
14311
Project
Nora Project
Commodity
zinc
Region
mexico
Reported Region
Durango State, Mexico
Ticker
CLZ

Geometry

Grade
0.68
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface
Group ID
14311:0-0.4

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-26T00:00:00.000Z

Reasoning: 0.68% Zn is present as a byproduct.

Evidence · table

“0.68”

Context: 0.4

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.