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Bullboard - Stock Discussion Forum Canasil Resources Inc V.CLZ.H

Alternate Symbol(s):  CNSUF

Canasil Resources Inc. is a Canadian mineral exploration company with a portfolio of silver-gold-copper-lead-zinc exploration projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company's projects include La Esperanza, Salamandra, Sandra-Escobar, and other projects. The La Esperanza silver-zinc-lead project is located 100 kilometers (km) SSE of the city of... see more

TSXV:CLZ.H - Post Discussion

Canasil Resources Inc > Im no geologist but ...
View:
Post by gub on Dec 09, 2020 11:23am

Im no geologist but ...

Nora Silver-Gold Project, Durango State, Mexico – Candy Vein Drill Results NRC-20-05 & NRC-20-06
Vein/Structure From To Width TW Gold Silver Copper Lead Zinc Ag. Eq.*
  Metres Metres Metres Metres g/t g/t % % % g/t
Drill hole NRC-20-06
CANDY HW 132.85 135.50 2.65 2.40 4.78 351 0.014 0.14 0.34 698
INCLUDES 132.85 134.00 1.15 1.04 7.90 528 0.019 0.16 0.29 1.101
INCLUDES 133.50 134.00 0.50 0.45 15.60 561 0.007 0.17 0.33 1,692
AND 135.00 135.50 0.50 0.45 7.13 639 0.026 0.19 0.51 1,156
                     
CANDY VEIN 145.00 146.65 1.65 1.49 11.86 378 0.009 0.05 0.16 1,238
INCLUDES 145.00 146.00 1.00 0.91 19.49 620 0.013 0.05 0.15 2,033
AND 145.00 145.50 0.50 0.45 36.70 1,010 0.022 0.09 0.26 3,671
                     
CANDY FW 149.21 149.50 0.29 0.26 26.10 284 0.007 0.017 0.03 2,176
 
Drill hole NRC-20-05
CANDY VEIN 151.50 152.23 0.73 0.72 1.46 7.49 0.71 0.39 1.93 167
*Silver Equivalent calculated based on metal prices below and assuming equivalent recoveries for all metals
Au US$ 1,935/Oz, Ag US$ 26.70/Oz, Cu US$2.95/lb, Pb US$ 0.86/lb, Zn US$ 1.09/lb; Pb & Zn less than 1% not included
this does sound like a good strike to me and this stock should be trading in the .50 to .60 cent range.
Comment by ATP300 on Dec 09, 2020 1:00pm
Why are we not seeing .15 at least  Out of favour right now- the whole sector?
Comment by tigris72poo on Dec 09, 2020 7:16pm
the widths are narrow but the grades are VERY good.  If we get some thicker zones we should rock.
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