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Mirasol Announces Aggressive 2019 Exploration Program with Over C$7 Million Spending by Joint Venture Partners
Mirasol Announces Aggressive 2019 Exploration Program with Over C$7 Million Spending by Jo...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n\nMirasol Announces Aggressive 2019 Exploration Program with Over C$7 Million Spending by Joint Venture Partners\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 20, 2018\n\n\n\nVANCOUVER, Nov. 20, 2018 /CNW/ - Mirasol Resources Ltd. (TSXV: MRZ), (OTCPK: MRZLF) (the \"Company\" or \"Mirasol\") is pleased to update the Company's shareholders on exploration activities in progress and scheduled at the company's projects in Chile and Argentina for the coming exploration season.\nMirasol's President and CEO, Stephen Nano, stated, \"The company looks forward to reporting to shareholders the exploration results from what is anticipated to be one of the most active exploration season in the Company's history, and that will include drill programs on a number of its Au+Ag projects in Chile and Argentina.\"  \nJoint Venture partners' budgets total in-excess of C$7 million confirmed for this financial year (to June 30th, 2019) for our Au+Ag projects in Chile and Argentina (Figure 1): Altazor: Newcrest Mining has C$4.3 million budgeted for an extensive surface exploration program starting in the late in the fourth quarter of 2018and Phase I drilling program anticipated for second quarter of 2019, contingent on completion of the permitting process. Indra: Hochschild Mining has a commitment of C$1.0 million over the first 18 months of the agreement, with a budget of approximately C$370,000 to December 2018 for surface exploration and target definition for a planned 2019 drill program.Claudia and Curva JVs: OceanaGold Corporation has budgeted C$1.56 million to December 2018, which includes a 3,000 meter drill program that is currently underway at Curva. Nico: The Company has budgeted C$1.51 million to explore this high-grade Au+Ag project where exploration teams are currently advancing target definition, in parallel with permitting for Phase I drilling planned for the first quarter of 2019. JV partners Newcrest Mining, OceanaGold Corporation and Hochschild Mining have notified Mirasol they have budgeted a combined total in excess of C$7 milli...