Mirasol reports positive drill results from Titan gold project in Chile

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[{"type":"text","content":"\n\n\nVANCOUVER, Nov. 25, 2013 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) Mirasol is pleased to report results for its 15 hole, 3,218 metre\n reverse circulation (RC) drill program at its 100%-owned Titan gold\n project, in the prospective Miocene-aged gold - copper belt of northern\n Chile.\n\n\nThe Titan project is part of a large alteration system (Figure 1) outlined by ASTER satellite imagery and magnetic anomalies, and further\n delineated by recently completed extensions to ground magnetic surveys\n at the project. Other than Mirasol's work at the Titan drill target,\n there has been no previous systematic exploration of this alteration\n system. Mirasol has recently expanded the Titan claim block from 4,312\n to 5,515 hectares with the addition of contiguous claims that are part\n of Mirasol's recently announced option agreement with a private Chilean\n company (Mirasol news release of June 26, 2013). Titan is located\n adjacent to Mirasol's 100% owned Atlas gold silver project, where\n Mirasol reported encouraging gold and silver trench intersections from\n vuggy silica structures and hydrothermal breccias (Mirasol news release\n of September 16, 2013).\n\n\nThe Titan drill program provided a first-pass test of a number of\n geochemical, geophysical and conceptual geological targets.  Drilling\n was centred upon a 700 by 600 m oxide gold anomaly delineated last\n field season by Mirasol's trenching program, that overlies strong\n buried resistivity and chargeability geophysical anomalies (Mirasol\n news releases of January 21 and March 1, 2013). The strongest\n length-weighted averaged trench assay results from this area included\n 194 m of 0.41 g/t Au and 31 m at 1.36 g/t Au.\n\n\nFourteen of the 15 recently completed drill holes (Figure 2) returned anomalous gold intersections at an 0.1 g/t cut off, including\n a best length-weighted average down hole intersection of 44 m at 1.21\n g/t Au from hole TIRC_01B.  Table 1 presents intercepts calculated\n using a 0.25 g/t Au cut-off. Higher grade down-hole drill intersections\n include\n\n\nTIRC_01B with 18 m at 2.16 g/t Au, including 10 m at 3.85 g/t Au\nTIRC_05A with 10 m at 1.87 g/t Au including 8 m at 2.24 g/t Au\nTIRC_02 with 24 m at 0.63 g/t Au including 12 m at 0.86 g/t Au\n\n\nThe gold intersections in drill hole TIRC_01B correlate with a z...

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