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 [...]
Mirasol Resources Ltd. is pleased to report the identification of a compelling drill target at Vania North prospect on the Inca Gold Project in Chile. Mirasol has also mobilized an Induced Polarity Survey crew to survey a second potential drill target at Vania South. Inca Gold is a large 16,300-hectare property package, with multiple exploration prospects, that has been optioned from Newmont Corp. . Mirasol has the option [...]
Mirasol Resources announces that it has regained 100 percent control of the Gorbea High-Sulfidation Epithermal gold project in Chile following termination by Newcrest Mining Ltd. of the Option and Farm-in Agreement announced on January 28, 2019. "We wish to thank Newcrest and its exploration team for the valuable work completed and investment made on the Gorbea Project", Mirasol's President, Tim Heenan, commented [...]
Mirasol Resources Ltd. is pleased to report results from the 12-hole, 1,362-meter Phase IV diamond drill campaign at the Virginia Silver Project. The Virginia program is being funded by Silver Sands Resources Corp. under an option to purchase agreement in terms of which Mirasol will retain a 19.9% ownership in Silver Sands and a 3% NSR royalty, if the option is exercised. “Virginia is one of Mirasol’s key projects located [...]
Mirasol Resources Ltd. is pleased to report the exploration results from its 100% controlled Tefnut copper prospect, located within the fertile Mio-Pliocene copper-belt in the province of San Juan. The province of San Juan hosts several high-profile advanced projects including Filo del Sol, Josemaria, Altar, Los Azules and El Pachon. Tefnut, staked by Mirasol through its project generation program, comprises approximately [...]
Mirasol Resources reports on the results of its 2022 Annual General Meeting of shareholders, which was held on May 25, 2022. The shareholders of the Company represented at the Meeting elected Nick DeMare, Patrick Evans, Tim Moody, Diane Nicolson and John Tognetti, as directors of the Company for the ensuing year. Furthermore, the shareholders also approved: (i) the reappointment of Davidson & Company as the Company’s [...]