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
Extracted
2026-09-19 17:24:20 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Canasil Resources reported high-grade silver, gold, copper, zinc, and lead sampling results from surface outcrops and waste dumps at the Nora Project in Mexico. The results highlight a significant epithermal vein system (Candy vein) with strike lengths exceeding 900 metres.

Reasoning: The release reports high-grade surface sampling results across multiple commodities (Ag, Au, Cu, Pb, Zn) from an epithermal vein system, providing strong targets for future drilling.

Positive factors

  • High-grade silver and gold intercepts from surface outcrops
  • Significant strike length of over 900m
  • Presence of mineralized waste dumps
  • Epithermal vein target identified

Facts used in scoring: 10

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

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

Evidence · text

“12.55 g/t Au”

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”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Results are from surface outcrops of the Candy vein, which has historical mining activity.

Evidence · text

“There has been limited, historical mining of the Candy vein”

Extracted facts

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

Drill Results (10)

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

Identity

Hole ID
14278
Project
Nora
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
605
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade silver intercept from surface vein outcrop.

Positive factors

  • High silver grade

Evidence · table

“605”

Context: 1

Tags used in scoring

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

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

Identity

Hole ID
14278
Project
Nora
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
3.72
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Strong gold grade accompanying high silver.

Positive factors

  • Strong gold grade

Evidence · table

“3.72”

Context: 1

Tags used in scoring

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

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

Identity

Hole ID
14278
Project
Nora
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
0.97
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Copper present in high-grade silver intercept.

Positive factors

  • Presence of copper

Evidence · table

“0.97”

Context: 1

Tags used in scoring

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

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

Identity

Hole ID
14278
Project
Nora
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
1.17
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Lead present in high-grade silver intercept.

Positive factors

  • Presence of lead

Evidence · table

“1.17”

Context: 1

Tags used in scoring

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

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

Identity

Hole ID
14278
Project
Nora
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
0.4
Grade Unit
%
Intercept
1 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Zinc present in high-grade silver intercept.

Positive factors

  • Presence of zinc

Evidence · table

“0.40”

Context: 1

Tags used in scoring

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

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

Identity

Hole ID
14311
Project
Nora
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
12.55
Grade Unit
g/t
Intercept
0.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Highest gold value reported in the sampling program.

Positive factors

  • Exceptional gold grade

Evidence · table

“12.55”

Context: 0.4

Tags used in scoring

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

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

Identity

Hole ID
14311
Project
Nora
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
12.2
Grade Unit
g/t
Intercept
0.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver present in high-grade gold intercept.

Positive factors

  • Silver present

Evidence · table

“12.2”

Context: 0.4

Tags used in scoring

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

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

Identity

Hole ID
14311
Project
Nora
Commodity
copper
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
1.02
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Copper present in high-grade gold intercept.

Positive factors

  • Copper present

Evidence · table

“1.02”

Context: 0.4

Tags used in scoring

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

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

Identity

Hole ID
14311
Project
Nora
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
2.67
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Lead present in high-grade gold intercept.

Positive factors

  • Lead present

Evidence · table

“2.67”

Context: 0.4

Tags used in scoring

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

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

Identity

Hole ID
14311
Project
Nora
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
CLZ

Geometry

Grade
0.68
Grade Unit
%
Intercept
0.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Zinc present in high-grade gold intercept.

Positive factors

  • Zinc present

Evidence · table

“0.68”

Context: 0.4

Tags used in scoring

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.