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Mirasol Resources Ltd.
Summary
| Project: | Claudia | |
|---|---|---|
| Deposit: | Claudia | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 9/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-9-2018: Mirasol Resources Ltd. announces an Exploration/Drilling Update report for its Claudia deposit at the Claudia project. JV with OceanaGold - Drilling results incl. 0.60m @ 0.08g/t Au, 610g/t Ag from 309.20m. VANCOUVER, BC – September 17, 2018 — | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stephen Nano (Internal) | |
| ABSTRACT: | VANCOUVER, BC – September 17, 2018 — Mirasol Resources Ltd (TSX-V: MRZ), (OTCPK: MRZLF) (the “Company” or “Mirasol”) reports first season exploration results for the OceanaGold Corporation (TSX: OGC) (ASX: OGC) Claudia JV, Santa Cruz Province, Argentina. Drilling from last season’s exploration, completed to July 2018, was focused at the Curahue Prospect, with 10 DDH holes drilled totaling 2,270 m, to test targets on the Europa, Io, Themisto and Callisto Trends (Figure 1). Last season’s OGC JV drilling at Europa intersected zones of epithermal veins, veinlets and silica-sulfide structures up to 13.7 m wide (downhole, with 10 to 90 % veining) in three of the holes drilled. The veins and silica-sulfide structures are hosted in what is interpreted to be the upper part of the Jurassic-age Chon Aike volcanic sequence. At the nearby multimillion ounce Cerro Vanguardia Au+Ag Mine, the distinctive Granosa Ignimbrite unit of the Chon Aike volcanics is the primary host to the majority of ore grade veining. The Granosa Ignimbrite is a brittle, densely-welded volcanic that is an optimal host rock for vein formation. Vein widths and grade typically significantly improve where veins are hosted by the Granosa when compared to the same vein hosted by overlying less competent volcanic units1 . The Granosa unit is interpreted by Mirasol geologists to occur stratigraphically below the current depth of drilling at Europa, Io and Themisto. The intersection of these vein zones with the Granosa unit may represent a target for further drilling in the Curahue prospect | |
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