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Mirasol Resources Ltd.

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Summary

Project:

La Curva JV

Deposit:La Curva
Location:Argentina
Commodities:Gold-Silver
Date:2/28/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-2-2018: Mirasol Resources Ltd. announces an Exploration/Drilling Update report for its La Curva deposit at the La Curva JV project. JV with OceanaGold - Drilling results incl. 106.2m @ 0.61g/t Au, 2.7g/t Ag from 74.2m. VANCOUVER, BC – February 28, 2018
Resources:x
CP/QP:[Overall Report]: Stephen Nano (Internal)
ABSTRACT:VANCOUVER, BC – February 28, 2018 -- Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF, “Mirasol”) is pleased to announce the results from an 18 hole, 2,550 m, Phase I diamond core drilling (DDH) program from the La Castora Trend at the La Curva OceanaGold JV, Santa Cruz, Argentina (Figure 1). The CEO of Mirasol, Stephen Nano, stated that “this initial phase of drilling is interpreted to have intersected the upper portion of a Au dominated epithermalsystem, that manifests as both narrow, high-grade veinlets and lower-grade, broader zones of disseminated style mineralization. We are encouraged by these initial drill results that show evidence of a large Au+Ag system, with mineralization in a range of permissive geological settings that warrant further drill testing.” Targeting efforts are now underway for a Phase II drilling at the Castora Trend planned for the March quarter of 2018. This drilling will be designed to provide deeper testing of selected mineralized zones and permissive structural settings, and testing for the presence of favourable/receptive host rocks that could promote the development of wider, high grade veins and breccias. Exploration is also in progress at the Curva West prospect to define drill targets where previous Mirasol sampling identified float blocks of epithermal vein and breccia in a prospective geological setting that assayed up to 20.73 g/t Au and 36.4 g/t Ag.

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