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Mirasol Resources Ltd V.MRZ

Alternate Symbol(s):  MRZLF

Mirasol Resources Ltd. is a Canada-based mineral exploration company targeting gold, silver and copper deposits, mainly in the Atacama-Puna region of northern Chile and Argentina, and in the Santa Cruz Province of southern Argentina. The Company is focused on the Sobek project and Inca Gold project in Chile. In addition, it controls 100% of the high-grade Virginia Silver Deposit and has an option agreement in Argentina on the Claudia project. The Sobek project has approximately 11,120 hectares (ha). The 16,300 ha Inca Gold project is located in Region III of Chile approximately 100 km north of Copiapo. The Virginia Silver Deposit is 100% owned and operated by the Company and has approximately 74,429 ha. The Company has various pipeline projects, such as Altazor Gold (Copper) Project, Coronacion Copper-Gold Project, Gorbea Gold (Copper) Project, Nord Polymetallic Project, Rubi Project, Tefnut Prospect - San Juan Porphyry Cu Projects and Homenaje Gold-Silver Project, among others.


TSXV:MRZ - Post by User

Post by tictactoe111on Jan 21, 2021 9:05am
91 Views
Post# 32343179

It's going to be very interesting watching this unfold!

It's going to be very interesting watching this unfold!

Mirasol Resources Reports Encouraging Initial Drill Results at the Virginia Project


  • Assay results for 6 core holes reported (12 pending) - best intervals:
    • Martina: 33.5m at 198.51 g/t Ag, including 17.7m at 316 g/t Ag
    • Ely Central: 9.25m at 233.54 g/t Ag, including 4.5m at 441.71 g/t Ag
  • Crews mobilizing for Phase II drill program with start up planned in late January

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ ) (OTCPK: MRZLF ) (the “ Company ” or “ Mirasol ”) and Silver Sands Resources (CSE: SAND ) (OTCQB: SSRSF ) (together, the “Partners”) are pleased to report results from the initial six diamond drill holes (“DDH”), representing 903 m (32%) of the 2,831 m Phase I exploration program completed in Q4 2020 at the Virginia Silver project (“Virginia”), located in Santa Cruz province, Argentina. The DDH completed at Martina and Ely Central clearly show the potential for significant new mineralization outside the current resource area. An additional twelve DDH for 1,928m have assay results pending and will be reported as results are received.

Mirasol’s Chair and Interim CEO, Patrick Evans, commented: “Virginia is one of Mirasol’s flagship projects currently under partnership and located in a prolific silver mining district. The latest drill results confirm the strong potential to build on Virginia’s current resource base within the 74,000 ha mining concession, which remains unexplored. With Silver Sands, we intend to methodically explore the entire project to grow its scale”.

https://stockhouse.com/news/press-releases/2021/01/21/mirasol-resources-reports-encouraging-initial-drill-results-at-the-virginia

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