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Mirasol reports high-grade gold and silver assays associated with geophysical anomalies at the Atlas project, Chile
VANCOUVER , July 18, 2014 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) ...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\nVANCOUVER, July 18, 2014 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R)\n\n\n\nAGZ prospect - Rock chip samples from this gold-enriched zone outline an\n 800 by 500 m area hosting multiple vuggy silica structures with up to\n 50.3 g/t Au and 56.9 g/t Ag.\n\n\n\n\nASZ prospect - Rock chip samples from this silver-enriched zone outline\n 700 m long trend with hydrothermal breccia and silicified tuffs\n returning new silver results up to 215.0 g/t Ag and anomalous gold from\n recent sampling.\n\n\n\n\nAtlas Pampa prospect - Float and subcrop rock chip samples have outlined\n this new gold-silver prospect.\n\n\n\n\nAn IP electrical geophysical survey over the central part of the Atlas\n alteration system outlined a series of large highly resistive anomalies\n spatially associated with gold-silver bearing surface rock chips.\n\n\n\nMirasol closed the southern hemisphere 2013-14 summer exploration season\n in early June. At season's end approximately 80% of the +25 sq. km\n Atlas alteration system had been systematically reconnaissance sampled\n with over 2,479 surface rock chip (Figure 1) and 334 stream sediment samples collected this season (also see news\n release of February 26, 2014). These results have expanded the\n dimensions and upgraded the potential of the Atlas Gold Zone (AGZ) and\n the Atlas Silver Zone (ASZ) prospects as well as defining a large\n gold-silver anomaly at the new Pampa prospect.\n\n\nAt the Atlas Gold Zone new assay results from detailed surface\n prospecting have outlined a series of northwest-oriented mineralized\n trends in float and subcrop (thought to be very near its source\n outcrop), extending away from last season's trenches (see news release\n of September 16, 2013). Rock chip sampling of the trends has returned\n multi-gram gold and silver assays over an 800 by 500 m area, including\n best assays of 30.70 g/t Au with 42.3 g/t Ag and 50.30 g/t Au with 5.24\n g/t Ag.  Higher grades are associated with subcrop of vuggy silica\n structures and hydrothermal breccias, typical of high-sulphidation\n epithermal systems. Some of these trends correlated to mineralization\n exposed in last season's trenches.  However the recently identified\n higher-grade trends have not yet been trenched, suggesting the\n potential for significant new zones of mineralization underlying the\n r...