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Mirasol Resources Ltd.

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Summary

Project:

Gorbea

Deposit:Gorbea
Location:Chile
Commodities:Gold-Silver
Date:1/16/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-1-2020: Mirasol Resources Ltd. announces an Exploration/Drilling Update report for its Gorbea deposit at the Gorbea project. Drilling results incl. 164m @ 0.52ppm Au, 6.81ppm Ag from 372m. VANCOUVER, BC, January 16, 2020 — Mirasol Resources Ltd. (TSX-V
Resources:x
CP/QP:[Overall Report]: Norm Pitcher (Internal)
ABSTRACT:VANCOUVER, BC, January 16, 2020 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to provide an update on the drilling activities at its Gorbea Gold project in Northern Chile, completed by Newcrest Mining Limited (ASX:NCM) (“Newcrest”) under the option and farm-in agreement announcement last year. Since the commencement of this season’s drill program in October 2019, Newcrest has drilled seven diamond drill holes for a total of 3,148m drilled. Of these seven holes, two were lost due to drilling conditions, with one hole twinned and the second terminated prior to reaching the planned depth. Newcrest is currently drilling an eighth hole and Mirasol looks forward to providing an update as additional assay results are received along with a more detailed geological discussion on the outcome of this year’s program (figure 1).

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