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Mirasol reports new gold-silver and geophysical results from the Rio Seco Vein zone at the Claudia Project, Argentina
VANCOUVER, March 5, 2012 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) ("Mi...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, March 5, 2012 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) (\"Mirasol\" or \"the Company\") is pleased to announce first results from\n an ongoing aggressive exploration program at its 100%-owned Claudia\n gold-silver project in Argentina. This release reports gold and silver\n assays and geophysical results from the Rio Seco prospect where rock\n chip assays have returned up to 20.1 grams per tonne (g/t) gold and 34\n g/t silver, and saw-cut channel and trench intersections returned 0.7\n metres at 13.9 g/t gold and 229 g/t silver and 10.5 metres of 1.9 g/t\n gold and 22 g/t silver from mineralized zones at the large Rio Seco\n vein prospect.\n\n\nThe Claudia project adjoins AngloGold Ashanti's Cerro Vanguardia\n gold-silver mine in the Deseado Massif volcanic province of Santa Cruz\n Province, Argentina. Exploration of the Claudia Project has been on\n hold since 2009 when the project was returned to Mirasol following\n early termination of an earn-in joint venture (JV) agreement.  Mirasol\n retains 100% interest in the project with no underlying payments or\n royalties. The joint venture generated a large data set, including two\n widely spaced drill campaigns and ground magnetic geophysical survey,\n which built on Mirasol's target generation and previous exploration.  \n Mirasol has utilized this historic information to leverage the current\n 2011-2012 Mirasol exploration program, however substantial new data is\n being generated by Mirasol which significantly increased district\n understanding and resulted in discovery of multiple new gold-silver\n vein systems and geophysical drill targets.\n\n\nThis round of Mirasol exploration at Claudia focused on three separate\n prospect areas: the Laguna Blanca - Ailen zone, the 15 kilometre-long\n Curahue Trend, and the Rio Seco vein zone (Figure 1). Each prospect area contains discrete vein systems that are separated\n by areas of shallow gravel cover. Results from Laguna Blanca - Ailen\n and Curahue are pending. At Rio Seco over the past 9 months, Mirasol\n has undertaken an extensive exploration program which includes\n geological mapping, rock chip sampling, excavation of more than 53\n trenches, a 10.7 square kilometre gradient array IP geophysical survey,\n and 11.1 line kilometres of pole-dipole IP geophysics.  C...