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Mirasol Reports Start of Cerro Vanguardia Mines JV Drilling at the Claudia Gold-Silver Project Santa Cruz Province, Argentina
Mirasol Reports Start of Cerro Vanguardia Mines JV Drilling at the Claudia Gold-Silver Pro...
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[{"type":"text","content":"\n\n\n\nMirasol Reports Start of Cerro Vanguardia Mines JV Drilling at the Claudia Gold-Silver Project Santa Cruz Province, Argentina\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\nMirasol Reports Start of Cerro Vanguardia Mines JV Drilling at the Claudia Gold-Silver Project Santa Cruz Province, Argentina\nCanada NewsWire\nVANCOUVER, May 9, 2016\n\n\n\nVANCOUVER, May 9, 2016 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, \"Mirasol\") is pleased to announce that drilling has been initiated at Mirasol's 100% owned Claudia gold-silver project in Santa Cruz province Argentina by Mirasol's Joint Venture partner Cerro Vanguardia S.A. (CVSA - 92.5 % owned by AngloGold Ashanti, the controlling shareholder, and 7.5 % by Fomicruz S.E., the Santa Cruz provincial mining company).  CVSA operates the multi-million ounce Cerro Vanguardia Au+Ag mine which abuts Mirasol's 127,680 ha Claudia project which hosts a series of large-scale Au+Ag silver prospects within reasonable trucking distance of the Cerro Vanguardia mill and processing facilities.  The Claudia - CVSA JV targets the discovery and rapid delineation of Au + Ag resources that could be developed as satellite pits to the Cerro Vanguardia operation (see news release 1st March 2016).\n\nThis first phase of drilling is designed to provide an initial test of a portion of the Curahue prospect, one of five precious metal prospects outlined by Mirasol at the Claudia project (Figure 1, and refer to the Mirasol Claudia Presentation). The Curahue prospect is a 15 km long Au+Ag bearing epithermal vein corridor where Mirasol's mapping, geophysics and trenching has outlined six large, undrilled, vein trends that are mostly concealed beneath thin (1 to 5 m) unconsolidated post-mineral cover. \n\nCVSA has planned an initial 3,500 m, 22 hole, reverse-circulation (RC) drill program as a shallow (25 to 100 m depth) test of the Curahue prospect's Io, Europa and Calisto vein trends.  Previous work here by Mirasol trenched through the cover exposing large Au+Ag epithermal veins (see news release 27th July 2015).  The results from ...