Obviously Dr Megaw loves it (and so does jetboy1). Some nice hits here will be a nice stocking stuffer for XMAS, with JUANICIPIO, and CINCO under our tree.

 

MERRY CHRISTMAS ALL:

*Note: Since MAG-doesn't PR-it, we will.

MAG Silver Mobilizes to Start Phase 2 Drill Program on Canasil's La Esperanza Project in Durango and Zacatecas States, Mexico

 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct 4, 2012) - Canasil Resources Inc. (TSX VENTURE:CLZ)(3CC.F) ("Canasil") announces that MAG Silver Corp. (MAG.TO)(NYSE MKT:MVG) ("MAG") has mobilized crews to prepare for the start of the Phase 2 drill program in early October 2012 at Canasil''s La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. Plans include up to 3,500 metres of diamond drilling to test three silver-lead-zinc veins in the northwest of the project area. This drill program will be part of the CAD$1,500,000 exploration expenditures required between September 2012 and September 2013 under the option agreement for MAG to earn a 60% interest in the La Esperanza project.

Surface sampling by MAG at these veins has returned consistent silver values. Samples returning higher than 100 g/t silver are listed in the table below, with a significant number of samples returning over 300 g/t silver:

La Esperanza Surface Samples - Northwestern Veins
Sample East North Width M Ag g/t Pb % Zn %
128933 591215 2587322 1.50 110 2.15 0.24
128934 591214 2587322 Dump 177 3.24 0.30
128942 591235 2587298 1.20 191 3.38 0.03
128960 592291 2587278 0.80 110 4.03 0.81
147693 591552 2587039 0.80 157 2.07 0.04
147701 593212 2590193 0.60 1,135 1.35 0.03
147714 593007 2590403 0.30 566 2.93 0.36
147715 593008 2590403 0.40 422 0.43 0.07
147723 592984 2590430 0.50 165 0.14 0.16
147724 592985 2590431 1.00 140 0.24 0.21
147726 592987 2590443 1.00 748 1.55 0.10
147727 592988 2590434 1.00 141 0.85 0.10
147730 592980 2590506 0.60 427 0.15 0.55
147731 592981 2590506 0.60 504 0.22 0.64
147732 592982 2590506 0.60 446 0.37 1.13
147733 592983 2590506 0.60 788 0.51 1.06
147741 592984 2590544 1.00 561 0.23 0.23
147742 592985 2590544 1.00 122 0.26 0.11
147755 592071 2590354 0.60 121 0.51 0.19
147809 592220 2587195 0.80 606 0.28 0.20
147810 592221 2587194 0.70 372 0.34 0.11
147811 592222 2587193 0.50 120 0.75 0.20
147895 590700 2586771 Dump 143 1.16 0.19