Canasil to drill silver-gold project in Durango, Mexico

Canadian mining company “Canasil” outlines plans for an initial core drill program to test silver-gold-copper-zinc-lead targets along the Candy vein at the Nora project in north-central Durango State, Mexico. Drilling should begin after the lifting of the COVID-19 restriction in Mexico.

Gold-silver mineralization at Nora is hosted within structurally-controlled epithermal veins. The drill sites have been selected based on a geological review including surface samples collected in August 2019 (reported September 26, 2019 ), as well as available historical information. Drill sites form four sections on the Candy vein, spaced over a strike length of 500 meters, all below high-grade silver and gold samples from vein outcrops and rock dumps from earlier underground development.

The Candy vein has not been previously drilled, however there has been some historical small-scale mining. While access to the underground workings is not possible now, waste dumps from prior mining activity contain well-mineralized high-grade material. Four of the planned holes, located on two sections, are targeting the vein(s) immediately below the historical workings.

Maps of the underground workings at a depth of approximately 50m to 75m below surface indicate a second, steeper mineralized footwall structure. The planned drill holes below the old workings will test this structure as well.  The four sections selected for drill testing are detailed below together with the related surface samples. A plan map and sections can be seen on the Company’s website at http://www.canasil.com/news_releases/ .

Canasil President and CEO, Bahman Yamini, commented: “The Nora project presents the opportunity for discovery of a high-grade silver-gold epithermal vein system. The project is exceptionally well located in northern Durango State, Mexico, in a region recognized for hosting large silver-gold deposits.”

Source: Yahoo News

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