Silver Viper Minerals announces that its previously announced non-binding letter of intent dated Nov 6, 2022, as amended Dec 20, 2022, with Canasil Resources has expired in accordance with its terms. While the Company and Canasil are not proceeding with the transactions contemplated by the LOI following its expiry, the parties may still explore alternative strategic transactions in the future. For more information on the [...]
Silver Viper Minerals has entered into an agreement to amend the non-binding letter of intent dated Nov 6, 2022 with Canasil Resources Inc. with respect to the proposed acquisition by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the Proposed [...]
Canasil Resources announces a review of the results from the 2020-21 drill programs completed on the Candy vein at the Nora silver-gold project. A total of 3,296 metres was completed in 13 core drill holes and tested the Candy vein structure over a strike distance of 500 m and to a vertical depth of 250 m below surface. All 13 drill holes cut the mineralized vein structure, returning particularly wide high-grade gold and [...]
Canasil Resources Inc. announces results from three drill holes, NRC-21-13 to NRC-21-15, completed in Nov./Dec. 2021 on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Core drill hole NRC-21-13 targeted the Candy vein structure approximately 60 metres down dip below NRC-21-09, and drill holes NRC-21-14 and NRC-21-15 tested a new step out section 60 m north along strike from drill [...]
Canasil Resources announces closing of a non-brokered private placement of 4,350,000 Units at $0.125 per Unit for $543,750, and 1,100,000 Flow Through Shares at $0.15 per FT Share for $165,000, for total proceeds of $708,750 effective November 15 and 25, 2021. The Placement was initially announced for $500,000 and subsequently increased to $650,000 through news releases dated Oct. 19 and Oct. 22, 2021. The closing of the [...]
Canasil Resources Inc. announces plans for mobilization and resumption of core drilling at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are expected to be on site to start drilling during the week of November 15, 2021. The focus of this follow up 2021 drill program will be to test below and along strike extensions of the Candy vein high-grade gold and silver [...]
Canasil Resources Inc. announces a non-brokered private placement of up to 4,000,000 units at a price of $0.125 per Unit for total gross proceeds of up to $500,000 to fund drill programs on the Company's silver-gold projects in Durango and Zacatecas States, Mexico. A finder's fee may be paid with respect to all or part of this Placement. The terms of the Placement are subject to acceptance by the TSX Venture Exchange [...]
Canasil Resources Inc. announces results from the fourth core drill hole of the 2021 follow up drill program, NRC-21-12, testing below and between the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Core drill hole NRC-21-12, targeted the Candy vein structure approximately 60 metres down dip below NRC-21-11, and 60 m south of and at the same elevation [...]
Canasil Resources Inc. announces results from the second and third drill holes of the 2021 follow up drill program, NRC-21-10 and NRC-21-11, testing below and between the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Drill hole NRC-21-10 targeted the Candy vein structure approximately 60 metres down dip below NRC-20-04, and NRC-21-11 was targeted [...]
Canasil Resources Inc. announces results from the first drill hole of the 2021 follow up drill program, NRC-21-09, testing below the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State. Drill hole NRC-21-09, targeted the Candy vein structure 60 metres down dip below NRC-20-06, and returned a 32-metre mineralized structure with multiple high-grade gold and silver [...]
Canasil Resources Inc. reports completion of three drill holes, NRC-21-09, NRC-21-10, and NRC-21-11, with a fourth drill hole, NRC-21-12, in progress and nearing completion at the Nora silver-gold project in north-central Durango State, Mexico. The targets of these four drill holes are below and between high-grade gold and silver intercepts from the 2020 drill holes NRC-20-04 and NRC-20-06 on the Candy vein structure, as [...]
Canasil Resources Inc. announces mobilization and start of the 2021 drill program at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are on site and drilling is underway. The initial focus of the 2021 drill program will be to test below, between and on strike extensions from high-grade gold and silver values returned from the 2020 drill program, particularly drill [...]
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