Silver Sands Resources Corp. and Mirasol Resources Ltd. are pleased to report results from the initial six diamond drill holes, representing 903 m of the 2,831 m Phase I exploration program completed in Q4 2020 at the Virginia Silver project , 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 [...]
Mirasol Resources Ltd. is pleased to announce the promotion of Timothy Heenan to the position of Vice President Exploration of the Company. Mr. Heenan is a geologist with over thirty years of exploration experience, mostly within Central and South America, with a strong focus in Chile and Argentina, and has served as Mirasol's regional manager for South America for more than fifteen years. Mr. Heenan is one of the [...]
Mirasol Resources Ltd. is pleased to announce it has entered into two non-binding letters of intent with an arm's length third party regarding potential transactions in respect of its Homenaje and Nico projects in Santa Cruz province, Argentina. The Nico project was previously explored by Mirasol, while the Homenaje project, which is adjacent to two mining operations, holds targets that have yet to be drilled. Mirasol [...]
Mirasol Resources Ltd. announces that it has received notice from Newcrest Mining Limited that due to the COVID-19 pandemic, activity remains suspended until at least August 2021 when COVID-19 conditions and local regulations will be reviewed by the parties. Newcrest has implemented and maintained measures to reduce and mitigate the risks of the COVID-19 pandemic to its project workforce and key stakeholders. As a [...]
Mirasol Resources Ltd. today announced that in recent weeks the Company has received multiple unsolicited expressions of interest from third parties seeking to acquire the Company on an at-market zero-premium basis. The Board of Mirasol has given careful consideration to these expressions of interest and has determined that it is in the best interest of shareholders that the Company remain independent and focused on its [...]
Mirasol Resources Ltd. is pleased to announce the successful completion of the Phase I exploration program at the Virginia Silver Project in Santa Cruz province, Argentina. The Company is the operator of Virginia under an option to purchase agreement with Silver Sands Resources who fully funded the program. Mirasol's Chair and Interim CEO, Patrick Evans, commented: "The successful completion of this initial program at [...]
Mirasol Resources Ltd. is pleased to report on the first systematic exploration at its district-scale Inca Gold precious metals project, located in northern Chile. A recently completed surface survey at the promising Sandra prospect confirmed the presence of a Au/Ag Intermediate Sulphidation Epithermal system. Based on results, a 1,500m diamond drill program is planned to commence in Q1 2021. Mirasol’s Chair and Interim [...]
Mirasol Resources Ltd. is pleased to report initial exploration results from its 100% owned Nandi Cu project, located in the Paleocene porphyry Cu belt in northern Chile. Nandi was staked by Mirasol through its project generation program and comprises approximately 5,000 ha of exploration claims, located 30 km northwest of BHP's Escondida Cu mine and 63 km southeast of Glencore's Lomas Bayas Cu mine. Mirasol's Chair and [...]
Mirasol Resources Ltd. is pleased to announce that drilling recently commenced at its Virginia silver project, located in the province of Santa Cruz, Argentina. The Company is the operator under an option to purchase agreement with Silver Sands Resources. Under the Agreement, Silver Sands is funding the first phase 2,500m drill program; part of a US$6 million exploration funding commitment over three years . In addition [...]
Mirasol Resources Ltd. announces today its intention to make a normal course issuer bid to purchase for cancellation, from time to time, as it considers advisable, up to 3,900,000 of its issued and outstanding common shares , being approximately 7.2% of the Company's currently outstanding common shares and approximately 9.93% of the Company's Public Float. The Exchange has approved the commencement of the Bid. The Bid [...]
Mirasol Resources is pleased to announce the signing of a definitive option agreement for its Rubi Copper Porphyry Project in northern Chile with Mine Discovery Fund Pty Ltd. Through this transaction, Mirasol adds two additional large-scale copper-molybdenum-gold targets to be drill tested this fiscal year. MDF is a private investment vehicle focused on the discovery of tier-one base metal and gold deposits by funding [...]
Mirasol Resources Ltd. today announced that Mr. Norm Pitcher has left the Company and ceased to be a director of Mirasol. The Company's Chair, Patrick Evans, has been appointed interim CEO pending the appointment of a successor, a process that is well underway. About Mirasol Resources Mirasol is a well-funded exploration company focused in Chile and Argentina. Mirasol has five partner-funded partner funded projects, two [...]