Canasil Resources Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Bahman Yamini
- Full Time Employees
- 6
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 750 West Pender Street Vancouver BC Canada V6C 3L2
- IPO Date
- May 10, 1985
- Website
- canasil.com
- Similar Companies
- Business
- Canasil Resources Inc. (TSX-V: CLZ) is a Canadian mineral exploration company focused on acquiring, exploring, and developing precious and base metal projects, primarily silver, gold, copper, and zinc deposits, in Mexico. The company holds interests in the Colibri Silver Project, which includes the Colibri resource area and the adjacent Diamante area covering 69 square kilometers in Durango State; the Nora Silver Project comprising 23 concessions totaling 5,343 hectares in the same state; the Escalon Gold-Copper Project with multiple concessions in Durango; the Zanate Copper-Gold Project in Sinaloa State; and the Plomosas Zinc-Silver Project, where it previously held rights in Chihuahua State. These projects emphasize advanced-stage silver exploration with defined resources alongside earlier-stage gold, copper, and zinc targets, targeting junior mining investors and strategic partners in the Americas. Founded in 1984 and headquartered in Vancouver, British Columbia, Canasil operates exclusively in Mexico through its subsidiary Canasil Minera S.A. de C.V. Recent activities include ongoing drilling and resource expansion at Colibri, where 2024 assays confirmed high-grade silver mineralization, and strategic reviews of the Nora and Escalon projects amid favorable silver market conditions, though no major acquisitions, funding rounds, or partnerships have been announced in the past 1-2 years.
Company News
Canasil Intersects 12.50 Metres with 5.31 g/t Gold and 336 g/t Silver (721 g/t AgEq*) Including 13.55 g/t Gold and 828 g/t Silver (1,810 g/t AgEq*) over 1.00 Metre in Multiple Mineralized Bands at the Nora Project, Mexico
Canasil Intersects 7.18 Metres Grading 2.05 g/t Au and 344 g/t Ag (492 g/t AgEq*) Including 2.00 Metres of 4.42 g/t Au and 541 g/t Ag (915 g/t AgEq*) at the Nora Project, Mexico
Canasil Reports Positive Progress On 2021 Drill Program at the Nora Silver-Gold-Copper-Zinc-Lead Project in Durango State, Mexico
Canasil Mobilizes Drill and Starts 2021 Drill Program at the Nora Silver-Gold-Copper-Zinc-Lead Project in Durango State, Mexico
Canasil Closes $790,000 Oversubscribed Non-Brokered Private Placement To Fund Drill Programs on Mexican Silver-Gold Projects
Canasil Announces $500,000 Non-Brokered Private Placement For Drill Programs on Mexico Silver-Gold Projects
Canasil Files Updated NI 43-101 Technical Report Outlining Gold-Copper Porphyry Targets at The Brenda Project in the Kemess-Toodoggone District, British Columbia, Canada