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Mirasol Provides Updates on its Corporate and Exploration Activities
Mirasol Provides Updates on its Corporate and Exploration Activities Canada NewsWi...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n\nMirasol Provides Updates on its Corporate and Exploration Activities\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, March 19, 2020\n\n\n\nVANCOUVER, March 19, 2020 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the \"Company\" or \"Mirasol\") reports that it has temporarily suspended field activities at its projects in Chile and Argentina. This decision was taken to ensure the safety of our employees and the communities in which they work and live.\nNorm Pitcher, Mirasol's President and CEO, commented: \"We have implemented precautionary measures at all our offices with staff working remotely to keep non-field activities, including business development opportunities, moving forward. With a treasury of $18 million at the end of 2019, Mirasol remains well funded to weather these uncertain times and looks forward to aggressively exploring its portfolio once it is deemed safe to do so.  Nonetheless, the Company is reviewing cost savings measures to match our reduced level of activities.\"\nMirasol is pleased to provide a short update on the activities completed at its projects over the past few months. Separate news releases will be issued to provide additional details once all results have been received and reviewed. At Gorbea we would normally expect the field season to end in May with the onset of winter, while Los Amarillos and Inca Gold enjoy year-round access.\nGorbea:Mirasol has been notified by our partner, Newcrest Mining (\"Newcrest\"), that drilling activities at Gorbea was suspended until further notice. Newcrest has completed up to hole ATL-DD-010 at the Atlas target, for a total this field season of 4,523 m of diamond drilling. Subject to a resumption of exploration, Newcrest intends to follow up with an additional 2,000 m of RC drilling on regional targets. Mirasol previously reported (January 16, 2020) assay results up to hole ATL-DD-005 and will provide an update once all remaining assays have been received and reviewed.\nLos Amarillos:Mirasol has completed approximately 1,180 m in 21 trenches, with as...