Business
Mirasol Reports Additional Phase 2 Drill Results from Virginia Project - Significant Silver Intercepts in Julia Central and Naty Veins
May 12, 2011 (Canada NewsWire Group) -- VANCOUVER, May 12 /CNW/ - Mirasol Resources Ltd. (TS...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n May 12, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, May 12 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) is pleased to announce the results for 14 additional drill holes from\n the Phase 2 diamond drilling program at its 100%-owned, Virginia\n Project in Santa Cruz province, Argentina. Bonanza grade intercepts of\n over 1,000 grams/tonne (g/t) oxide silver mineralization have been\n identified in both the Naty and Julia Central veins in holes VG-050 to\n VG-62, as well as wide intercepts of bulk-tonnage grade silver\n mineralization.\n\n\nTwelve of the 14 holes reported here contain significant intercepts of\n silver mineralization, calculated at greater than 30 g/t cut-off grade\n (Table1, Figure 1). They includes true width intercepts of 29.1 metres grading 251 g/t\n silver, and 26.6 metres assaying 230 g/t silver, plus high grade\n intervals of 3.48 metres grading 1,402 g/t silver and 2.25 metres\n grading 1,309 g/t silver.\n\n\nSilver mineralization intersected at Julia Central and Naty remains\n completely oxidized to depths in excess of 60 metres down dip, and as\n previously reported, intense oxidation is known to extend below 100\n metres depth in the Julia North structure.\n\n\nTable 1. Virginia Vein Zone Drill Hole Results - Naty and Julia Central\n\n\n\n\nHole\n\n\nFrom\n(m)\n\n\nTo\n(m)\n\n\nCore\nLength\n(m)\n\n\nTrue\nWidth\n(m)1\n\n\nSilver\n(g/t)2,3\n\n\nSilver grade\nx true width\n(g/t * m)\n\n\nCore\nRecovery\n(%)4\n\n\n\n\n...