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
- 2026-09-19 17:20:10 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Canasil Resources has announced successful initial drill results from the Nora Silver-Gold Project in Mexico. The first two holes, NRC-20-01 and NRC-20-02, intersected the Candy vein structure with high-grade silver, gold, and base metal intercepts, alongside broader zones of disseminated mineralization.
Reasoning: Initial drill results from two holes successfully intersected the target Candy vein structure with high-grade polymetallic intercepts and broader disseminated zones, confirming the presence of the epithermal system.
Positive factors
- High-grade vein intercept in NRC-20-01
- Wider vein intercept in NRC-20-02
- Discovery of disseminated mineralization zones
- Consistent with surface sample grades
Facts used in scoring: 12
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: NRC-20-01 intersected 440 g/t silver and 1.60 g/t gold in a narrow vein, which is exceptionally high grade for this deposit type.
Evidence · text
“NRC-20-01 intersected a narrow vein structure of 29 cm true width (TW) carrying 1.60 g/t gold, 440 g/t silver”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The release explicitly reports true width (TW) for the vein intercepts.
Evidence · text
“intersected a narrow vein structure of 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 release includes a sign-off by a Qualified Person (J. Blackwell, P. Geo.).
Evidence · text
“The technical information herein has been reviewed and approved by J. Blackwell (P. Geo.), a Qualified Person”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The results represent the first drill holes testing the Candy vein structure at the Nora project.
Evidence · text
“announces results from the initial two drill holes, NRC-20-01 and NRC-20-02, testing the Candy vein”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
NRC-20-01Nora · silverGrade: 440Grade Unit: g/tIntercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora
- Commodity
- silver
- Region
- mexico
- Reported Region
- 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
- Intercept Depth
- 88.7 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: High-grade silver intercept in a narrow vein structure.
Positive factors
- High grade silver intercept
Evidence · table
“440”
Context: 0.29
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.29
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-01Nora · goldGrade: 1.6Grade Unit: g/tIntercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora
- Commodity
- gold
- Region
- mexico
- Reported Region
- 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
- Intercept Depth
- 88.7 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Strong gold grade in narrow vein intercept.
Positive factors
- Strong gold grade in vein
Evidence · table
“1.60”
Context: 0.29
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.29
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-01Nora · copperGrade: 2.51Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora
- Commodity
- copper
- Region
- mexico
- Reported Region
- 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
- Intercept Depth
- 88.7 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Presence of copper in the vein intercept.
Positive factors
- Significant copper in vein
Evidence · table
“2.51”
Context: 0.29
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.29
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-01Nora · leadGrade: 2.11Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora
- Commodity
- lead
- Region
- mexico
- Reported Region
- 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
- Intercept Depth
- 88.7 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- 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.
Positive factors
- Significant lead in vein
Evidence · table
“2.11”
Context: 0.29
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.29
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-01Nora · zincGrade: 0.61Grade Unit: %Intercept: 0.29 mView all detailsHide details
Identity
- Hole ID
- NRC-20-01
- Project
- Nora
- Commodity
- zinc
- Region
- mexico
- Reported Region
- 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
- Intercept Depth
- 88.7 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-01:88.7-88.99
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- 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.
Positive factors
- Significant zinc in vein
Evidence · table
“0.61”
Context: 0.29
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.29
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · silverGrade: 21Grade Unit: g/tIntercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- silver
- Region
- mexico
- Reported Region
- 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
- Hole Depth
- 302 m
- Intercept Depth
- 120.86 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Wider vein intercept in NRC-20-02.
Positive factors
- Wider vein intercept
Evidence · table
“21”
Context: 4.82
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.8
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · goldGrade: 0.72Grade Unit: g/tIntercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- gold
- Region
- mexico
- Reported Region
- 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
- Hole Depth
- 302 m
- Intercept Depth
- 120.86 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Gold grade in the vein intercept.
Evidence · table
“0.72”
Context: 4.82
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.8
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · copperGrade: 0.1Grade Unit: %Intercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- copper
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CLZ
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 4.82 m
- True Width
- 4.8 m
- From
- 120.86 m
- To
- 125.68 m
- Hole Depth
- 302 m
- Intercept Depth
- 120.86 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Copper grade in the vein intercept.
Evidence · table
“0.10”
Context: 4.82
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.8
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · leadGrade: 0.22Grade Unit: %Intercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- lead
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CLZ
Geometry
- Grade
- 0.22
- Grade Unit
- %
- Intercept
- 4.82 m
- True Width
- 4.8 m
- From
- 120.86 m
- To
- 125.68 m
- Hole Depth
- 302 m
- Intercept Depth
- 120.86 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Lead grade in the vein intercept.
Evidence · table
“0.22”
Context: 4.82
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.8
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · zincGrade: 0.49Grade Unit: %Intercept: 4.82 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- zinc
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CLZ
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 4.82 m
- True Width
- 4.8 m
- From
- 120.86 m
- To
- 125.68 m
- Hole Depth
- 302 m
- Intercept Depth
- 120.86 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:120.86-125.68
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: Zinc grade in the vein intercept.
Evidence · table
“0.49”
Context: 4.82
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.8
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · goldGrade: 1.81Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- gold
- Region
- mexico
- Reported Region
- 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
- Hole Depth
- 302 m
- Intercept Depth
- 123.95 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:123.95-124.35
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-09-10T00:00:00.000Z
Reasoning: High grade gold sub-interval within the vein.
Positive factors
- High grade gold sub-interval
Evidence · table
“1.81”
Context: 0.40
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.38
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NRC-20-02Nora · silverGrade: 62Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- NRC-20-02
- Project
- Nora
- Commodity
- silver
- Region
- mexico
- Reported Region
- 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
- Hole Depth
- 302 m
- Intercept Depth
- 123.95 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- NRC-20-02:123.95-124.35
- Mining Method
- underground
Location
- Location
- CANDY VEIN
- Loc. Source
- document
QA/QC
- 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 sub-interval.
Evidence · table
“62”
Context: 0.40
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.38
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.