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Mirasol Resources Ltd.

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Summary

Project:

Claudia

Deposit:Curahue Trend
Location:Argentina
Commodities:Gold-Silver
Date:12/16/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-12-2016: Mirasol Resources Ltd. announces an Exploration/Drilling Update report for its Curahue Trend deposit at the Claudia project. Drilling results incl. 9.3m @ 1.4g/t Au, 134.6g/t Ag from 18.7m (0.3g/t AuEq60 cut-off). Vancouver, BC, December 16, 2
Resources:x
CP/QP:[Overall Report]: Stephen Nano (Internal)
ABSTRACT:Vancouver, BC, December 16, 2016 – Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF “Mirasol”) is pleased to announce additional encouraging intersections of Au+Ag mineralization from Phase II drilling of the Curahue Trend at Mirasol’s Claudia project in Santa Cruz Province Argentina. Exploration is being managed by Mirasol’s Joint Venture partner Cerro Vanguardia S.A. (CVSA, 92.5 % owned by AngloGold Ashanti, the controlling shareholder, and 7.5 % by Fomicruz S.E., the Santa Cruz provincial mining company), which owns and operates the adjacent multi-million ounce Cerro Vanguardia Au+Ag mine. Seven reverse circulation (RC) holes and 21 diamond drill core (DDH) holes totaling 3,886 metres have been completed, constituting the Phase II drilling within the “Io” Vein Trend, a campaign which complements Phase I drill results reported in July this year (see news release July 26, 2016). The “Io” Trend is a 2 km long zone of epithermal veining and is one of six such trends (including Europa, Sinope, Callisto, Ganymede and Themisto) that define the 15 km long Curahue prospect, which is one of a number of Au+Ag prospects identified within the large Claudia project (Figure 1).

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