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Mirasol Completes CVSA JV Exit Process for the Claudia Gold - Silver Project, Santa Cruz Province Argentina

Mirasol Completes CVSA JV Exit Process for the Claudia Gold - Silver Project, Santa Cruz P...

articleMirasol Resources LtdAugust 31, 20175/company/mirasol-resources-ltd/news/mirasol-completes-cvsa-jv-exit-process-for-the-claudia-gold-silver-project-santa-cruz-province-argentina
Mirasol Completes CVSA JV Exit Process for the Claudia Gold - Silver Project, Santa Cruz Province Argentina

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[{"type":"text","content":"\n\n\n\nMirasol Completes CVSA JV Exit Process for the Claudia Gold - Silver Project, Santa Cruz Province Argentina\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.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 31, 2017\n\n\n\nVANCOUVER, Aug. 31, 2017 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF \"Mirasol\" and \"Company\") reports it has completed the exit process from the joint venture option agreement (the \"JV\") with Cerro Vanguardia S.A.1 (\"CVSA\") for the Claudia project (the \"Project\").  Under terms of the agreement, Mirasol has received the full exploration data set that is the product of CVSA's US$ 1.97M exploration program completed at Claudia.  In addition, Mirasol will receive a US$ 205,000 payment from CVSA in-lieu of certain uncompleted exploration commitments.  \n\nMirasol's CEO, Stephen Nano stated \"The Company would like to recognize the expenditures and important technical input from our former partner and its exploration staff during the JV period, which have made a significant contribution in advancing the geological knowledge at the Project.  Mirasol remains fully committed to further exploration at the Project and is at an advanced stage of negotiating a new JV for the prospective, large scale Claudia Au+Ag project.\"  \n\nCVSA additions to the Company's Claudia database comprise: \n\n\n7,525.9 m of diamond core (DDH) and reverse circulation (RC) drilling in 64 holes at Claudia providing a partial test of the Io, Europa, Calisto and Sinope vein trends at the Curhaue prospect, and the Rio Seco prospect, which delivers valuable geological cores and samples, and drilling-related assay results. \nA preliminary block model prepared by CVSA (the \"Block Model\") regarding the Au+Ag distribut...

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