Silver Investing News

Overview

Canasil is a Canadian mining and mineral exploration company with a strong portfolio of precious and base metal (gold, silver, copper, zinc and lead) exploration projects in British Columbia, Canada and Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. Our corporate objective is to enhance shareholder value by increasing the value of the Company’s mineral properties through cost effective and responsible exploration and development. We also strive to identify and acquire new mineral exploration projects, which present opportunities for significant future added value for our shareholders.

Canasil’s corporate objective is to create and enhance shareholder value through acquisition and development of exceptional mineral properties. The Company’s current focus is on gold, silver, copper and zinc projects in Mexico and British Columbia, Canada.

Chief Properties

Mexico Properties

• Exploration Projects in Mexico:
  • Colibri, Durango State
  • La Esperanza, Zacatecas State
  • Los Azules, Sinaloa State
  • San Francisco, Durango State
  • Sandra and Nora, Durango State
  • Salamandra Project, Durango State
• Operating subsidiary with experienced local operations team in Durango
• Full time geological and support staff, active exploration and project acquisition program
• Focused & cost-effective acquisition program; most projects 100% owned
• Projects located close to current or past producing mines
• Excellent road access & infrastructure
• Efficient implementation of exploration programs

BC Properties

• 4 exploration properties in B.C., Canada:
  • Brenda Gold-Copper Project
  • Granite Gold Project
  • Vega Copper-Gold Project
  • Lil Silver Project
• Over 12,000 hectares located on one of the largest mineralized belts in Canada
• Located near major producing mines and deposits
• Potential for discovery of a multi-million ounce gold-copper deposit
  • Alvin W. Jackson - Director
  • Michael McInnis - Director
  • Gary D. Nordin - Director
  • Graham H. Scott – Corporate Secretary and Legal Counsel
  • Kerry Spong – VP Finance, CFO
  • Bahman Yamini - Director, President & CEO
  • Arthur Freeze - Director

Brenda Property

Canasil’s Brenda property is an advanced exploration project centrally located in the core of the Kemess-Toodoggone porphyry gold-copper/epithermal gold district. The property comprises 178 mineral claim units covering 44.0 square kilometres and is situated approximately 25 km north west of Northgate Mineral Corp.’s 300,000 ounces gold per year Kemess South mine. The property is 100% owned by Canasil and all claims are valid to May 31, 2015. Cumulative exploration expenditures to date amount to over C$3,500,000, including geochemical surveys, satellite, airborne and ground geophysical surveys, and over 9,700 metres of diamond drilling in 63 drill holes.

Management

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