Mirasol Resources Ltd. today announced that due to strong demand it has increased its previously announced non-brokered private placement from 4,000,000 units up to 5,920,000 units at a price of $1.25 per unit . The aggregate gross proceeds of the offering are expected to be up to $7.4 million instead of the originally planned $5.0 million. Mirasol's Chairman, Patrick Evans, noted: "We upsized the offering to accommodate [...]
Claudia Project directly south of Cerro Vanguardia Mine: 15 kilometers from the mill Minimum of 2,500 meters of drilling within the first 24 months and the option to complete 12,500 meters of drilling within 4 years Mirasol retains 2% NSR Royalty upon the exercise of the Option Southern most veins on the Cerro Vanguardia property trend onto Claudia Property Five distinct, highly prospective vein trends within the very [...]
Mirasol Resources Ltd. today announced it is arranging a non-brokered private placement financing of up to 4,000,000 Units at a price of $1.25 per Unit for aggregate gross proceeds of $5.0 million. Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase one additional common share at a price of $1.70 for a [...]
Priority drill targets confirmed by 500-kilometer Airborne Mobile MT geophysical survey Coincident geochemical, geological and geophysical targets supported by multi-percent copper values recovered from select surface samples Maiden drill hole collared at Central Breccia Zone Target Construction of Sobek Central access road continues to the higher elevations to support future drilling at the VN-Zone gold-copper target [...]
Located 7 kilometers directly west of Filo Mining's Filo del Sol Project 500-kilometer helicopter supported Airborne Mobile MT geophysical survey to be initiated over priority targets at Sobek Central Construction of Sobek Central access road underway to support drilling Drill campaign scheduled for April Encouraging results above 1.0 g/t gold in select rock chip samples from "Maricunga Type" quartz-magnetite veinlets at [...]
Virginia hosts Indicated Resource of 11.9 million ounces at 310 g/t silver and Inferred Resource of 3.1 million ounces at 207 g/t silver Approx. $US3.4M of exploration funded by Silver Sands under Option Agreement 70 holes for over 10,250m of diamond drilling, 47 trenches for a total of 2,300m and 190km of IP Electrical geophysics completed New discovery of high-grade mineralization discovered at the Margarita Vein [...]
Mirasol Resources Ltd. announced today that the Board of Directors has approved the grant of 1,459,000 incentive stock options exercisable into the equivalent number of common shares of the Company at a price of C$0.68 per share for a period of five years. The grants were made to employees, officers, directors and consultants of the Company and are subject certain vesting requirements. The Board of Directors has also [...]
Mirasol Resources Ltd. is pleased to announce the closing of the previously announced non-brokered private placement. The Company issued 5,076,667 common shares at a price of $0.60 per common share for aggregate gross proceeds of $3,046,000.20 . Proceeds of the Offering will be used to advance exploration, including drilling, at the Company's flagship assets in Chile and Argentina and for general corporate purposes. The [...]
Mirasol Resources Ltd. is pleased to report the identification of additional compelling drill targets at the Vania South prospect on the Inca Copper-Gold Project in Chile from the recently completed Induced Polarity Electrical Geophysical survey. Geochemical results are pending from soil and select rock chip sampling, which will be integrated with the recently completed geophysical survey to finalize drill plans. Pursuant [...]
Mirasol Resources Ltd. today announced it has arranged a non-brokered private placement financing of up to 5,000,000 common shares at a price of $0.60 per share for aggregate gross proceeds up to approximately $3.0M. The net proceeds of the Offering will be used to further Mirasol's successful exploration programs and for general corporate purposes. Finders' fees may be payable on a portion of the Offering. The shares [...]
Mirasol Resources is pleased to report the start of the 2022/23 exploration program at the Company's 100%-owned Sobek Copper Project. Sobek was originally staked based on prospective local structural architecture prior to the 2021 discovery of the high-grade feeder zone at the Filo del Sol gold-copper deposit located 7 km to the east. Strong precious and base metals results, including multi-percentage copper at Sobek [...]
Mirasol Resources Ltd. is pleased to report on encouraging drill results from the maiden drill program at the 100% owned Libanesa Gold and Base Metals Project. Based on an evaluation of the Libanesa data it is evident that several prospective targets require follow-up drilling. "Results from the maiden 1,780-meter drill program confirm that we have only scratched the surface of an exciting exploration program at the [...]