Business
Mirasol Announces Results from Annual General and Special Meeting and Provides Corporate Update
VANCOUVER , Dec. 4, 2013 /CNW/ - Mirasol Resources Ltd. (TSX-V:MRZ, Frankfurt: M8R) &#x...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\nVANCOUVER, Dec. 4, 2013 /CNW/ - Mirasol Resources Ltd. (TSX-V:MRZ, Frankfurt: M8R)   Mirasol Resources announces results of votes from its Annual General\n and Special Meeting of shareholders held December 2, 2013, in\n Vancouver, British Columbia.  Each of the director nominees proposed by\n management for election was elected to the Board of Directors.  The\n directors re-elected for the coming year are Nick DeMare, Timothy\n Heenan, Mary Little and Borden Putnam III.  All other ballot\n initiatives were approved, including approval of the Company's stock\n option plan and the renewal of the Shareholders Rights Plan.  Mirasol\n is pleased to confirm that Davidson & Company were named as the\n Company's auditors.\n\n\nCorporate Update:  Mirasol Achieves Significant Milestones on Its 10th Anniversary and is Well Funded to Advance Programs\n\n\nMirasol marked its 10th anniversary in October 2013 with:\n\n\n\nA strong balance sheet with cash and equivalents of CDN$20.5 million, no\n debt and marketable securities of 1.31 million shares of Coeur Mining,\n Inc (cash value of US$15.0 million on October 31, 2013)\n\n\n22,300 hectares under Mirasol's control in a prospective new gold belt\n in Northern Chile, including the new Titan and Atlas gold-silver\n projects \n\n\nA new JV with First Quantum Minerals on our 100% owned Rubi copper-\n gold- molybdenum project in the El Salvador mining district of Chile\n\n\nAnd a dominant position with the resource-ready Virginia Silver Project\n and other drill-ready projects at Curva and Claudia in the prolific\n precious metal mining province of Santa Cruz, Argentina.\n\n\n\nMirasol has enhanced its balance sheet and business model during fiscal\n 2013 as the industry's leading prospect generator.  Achievements\n include significant exploration advances on Mirasol's 100%-held gold,\n silver and copper properties in northern Chile and in Patagonia,\n southern Argentina; the sale of the Joaquin silver-gold project to\n Coeur strengthening the Company with significant cash; the strategic\n option of Mirasol's Rubi property to copper producer First Quantum\n Minerals Limited; and in Chile, exploration of a new gold portfolio\n acquired by staking, giving Mirasol a foothold in an emerging\n mineralized gold district.\n\n\nOf ...