Mr. Bahman Yamini reports

CANASIL APPOINTS GARY NORDIN AS DIRECTOR AND DAVID CROSS AS CFO

Gary Nordin has agreed to join Canasil Resources Inc.'s board, and David Cross has agreed to act as chief financial officer. Alvin Jackson will continue as a director, Bahman Yamini will continue as a director, president and chief executive officer, and Graham Scott will continue as corporate secretary. Previous directors Michael McInnis and Arthur Freeze, and previous CFO Kerry Spong, are no longer with the company.

Mr. Nordin is a highly recognized exploration geologist and previously acted as a Canasil director and vice-president of exploration, and more recently as an adviser to the board. He is intimately familiar with the company's project portfolio. Mr. Nordin has a proven record of identifying and developing mining projects. As a co-founding director and vice-president of Bema Gold Corp., he successfully identified significant open-pit-type heap-leach gold reserves in the United States and Chile, including the Refugio deposit (six million to eight million ounces). Subsequently, as a founding director, executive vice-president and chief consulting geologist of Eldorado Corp. Ltd. from 1990 to 2000, Mr. Nordin participated in the discovery and development of several important gold deposits, including the La Colorada mine in Mexico (one million ounces) and the Kisladag deposit (eight million ounces) in Turkey. Mr. Nordin has served on the board of directors of several publicly listed exploration and mining companies, such as Nevada Pacific Gold before its takeover by U.S. Gold, and as a founder and director of Polaris Materials Corp., which was sold to Vulcan Materials Co. in a transaction valued at $252-million.

Mr. Cross is a CPA and CGA with over 28 years of experience in the junior sector, with a focus on finance and corporate governance. He has acted as CFO for several publicly listed companies and is recognized for his knowledge and experience in finance and accounting matters for mining exploration companies. He is currently a partner of Cross Davis and Company LLP, specializing in accounting and management services for private and publicly listed companies within the mining industry.

About Canasil Resources Inc.

Canasil is a Canadian mineral exploration company with a strong portfolio of 100-per-cent-owned silver-gold-copper exploration projects in Mexico and British Columbia, Canada. The company's directors and management include industry professionals with a record of identifying and advancing successful mineral exploration projects through to discovery and further development.

Canasil is currently subject to a cease trade order (CTO), issued on Dec. 6, 2023, for failing to file the third quarter 2023 financial reports, and its shares are suspended from trading on the TSX Venture Exchange. The company is actively working to prepare and file the required financial reports in order to apply for revocation of the CTO and reinstatement for trading.

We seek Safe Harbor.