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Canasil Resources

Canasil Completes Property Visits and in Discussions on Mexico Silver-Gold Properties
URL: http://canasil.com/news_releases/2007/index.php?content_id=41&page_number=1

Content was created on: June 25, 2003

VANCOUVERCanasil Resources Inc. (Canasil, TSXV: CLZ) is pleased to announce that the Company has now completed initial property reviews and visits on four prospective Silver-Gold properties in Mexico. The projects all host potential high-grade Silver and Gold epithermal vein systems and are in various stages of development, ranging from grass roots exploration to advanced exploration and mine development.

Canasil is currently in discussions with the property owners to conclude agreements for the acquisition of and participation in one or more of the projects reviewed. The Company intends to enter into initial agreements on the selected projects, followed by further due diligence reviews and conclusion of final agreements.

A number of the projects reviewed have been selected with the cooperation of Dr. Fred Warnaars and Ing. Hector Fernandez Gutierrez. Dr. Warnaars has over 33 years of worldwide experience, particularly in Latin America, as an exploration and economic geologist. He has served as a senior exploration geologist with Kennecott Copper Corp., Exxon Minerals and Cyprus Minerals. Dr. Warnaars has been responsible for the discovery of several mineral deposits during his successful career, and is active as a consulting geologist based in Littleton, Colorado. Ing. Fernandez has over 25 years of experience in mineral exploration in Mexico, with companies such as Cyprus Minerals and Asarco. He is currently active as a consulting geologist to the mining and mineral exploration industry based in Guadelajara, Mexico.

About Canasil:

Canasil is a Canadian-based mining and mineral exploration company with a diversified portfolio of base and precious metal properties in British Columbia.  The management team is focused on identifying and implementing strategies to increase the value of the Company’s mineral properties through cost effective and responsible development.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

For further information please contact:

Mr. Bahman Yamini
President and C.E.O.
Canasil Resources Inc.
604-709-0109
www.canasil.com