For thousands of other reports visit RSC's Mineral Intellingence Map

Mirasol Resources Ltd.

opaxe

Summary

Project:

Gorbea

Deposit:Gorbea
Location:Chile
Commodities:Gold-Silver
Date:4/22/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-4-2020: Mirasol Resources Ltd. announces an Exploration/Drilling Update report for its Gorbea deposit at the Gorbea project. Drilling results incl. 128.8m @ 0.54g/t Au, 2.65g/t Ag from 363m. VANCOUVER, BC, April 22, 2020 — Mirasol Resources Ltd. (TSX-V
Resources:x
CP/QP:[Overall Report]: Norm Pitcher (Internal)
ABSTRACT:VANCOUVER, BC, April 22, 2020 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to report the final assay results from the drilling program completed by Newcrest Mining Limited (ASX: NCM) (“Newcrest”), at its Gorbea Gold project located in Northern Chile, under an option and farmin agreement (see news release January 28, 2019). Over the course of this campaign, Newcrest completed 4,523m of diamond drilling, for a total of 5,426m since the beginning of the exploration partnership. Newcrest has also reported exploration expenditures of approximately US$ 8.6 million on the property to the end of March 2020, representing a significant investment on the project. As reported on March 19, 2020, exploration activities were suspended at the site as a safety precaution due to the COVID-19 pandemic. Newcrest and Mirasol have agreed to extend the option period by 6 months to January 25, 2021 and Newcrest has committed to drilling at least 2,000m at the project over the upcoming season.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report