Annual Report

Overview

The report describes Canasil Resources Inc.'s 2012 mineral exploration activities in Mexico and British Columbia, including drilling at La Esperanza and surface programs at Sandra-Escobar and Salamandra. It reports $570,410 of Canasil exploration expenditures net of recoveries, while joint venture partners spent $1,829,542 on La Esperanza and Carina. The company completed the Sandra-Escobar earn-in but retained 40% of Pan American's Escobar claims after Pan American declined its back-in right. Financially, the company reported no revenue, a $1,302,713 loss, and $838,765 of working capital at year-end.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2012
Period: Ends 31 December 2012
Publication date: 24 April 2013
Language: English
Pages
File size

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