Vancouver, July 10, 2008 - Canasil Resources Inc. (Canasil, TSX-V: CLZ) announces that pursuant to the Company’s Stock Option Plan and subject to regulatory approval, a total of 100,000 incentive stock options have been granted to Consultants of the Company. The options are exercisable for a period of five years at a price of $0.25 per share.
Canasil is a Canadian mineral exploration company with interests in precious and base metal projects in Durango, Sinaloa and Zacatecas States, Mexico, and in British Columbia, Canada. The Company’s directors and management include industry professionals with a track record of identifying and advancing successful mineral exploration projects. The Company is engaged in the exploration of its mineral properties and evaluating additional acquisition opportunities.
For further information please contact:
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the content of this news release.