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May 27, 2014
09:57 EDTMVGCanasil reports MAG Silver completes phase 2 drill program at Salamandra
Canasil Resources announces that MAG Silver has completed the Phase 2 diamond drill program of 6,501 metres in 12 drill holes on Canasil's Salamandra Silver-Copper-Zinc-Lead Project in Durango State, Mexico. Together with the Phase 1 drill program of 3,609 metres in 5 drill holes reported previously on March 17, , a total of 10,110 metres of drilling have now been completed in 17 drill holes by MAG under the option agreement. Results for the Phase 2 drill program are pending. MAG has also made the required C$150K first anniversary option payment, which is due on May 27. As of March 31, MAG reported a total of C$2,677,519 in exploration expenditures on the Salamandra project under the option agreement.
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