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Mirasol Resources Announces Start of Drilling at Gorbea and Provides Exploration Update
VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today provided an
About this update from Mirasol Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today provided an update on exploration plans for the current field season and is also pleased to report that drilling has commenced at its Newcrest-partnered Gorbea Au project in Northern Chile. Tim Heenan, Mirasol’s President stated: “We have made excellent progress on our self-funded and partnered projects and are off to a very strong start this field season. Drilling is currently underway at our partnered projects Gorbea, Nord and Virginia. We are very excited to be preparing for a maiden ground exploration program at our self-funded Sobek project to follow up on compelling magnetic features identified in the recently completed aeromagnetic survey. We are also currently conducting a deep-penetrating geophysical survey at our self-funded Sascha Marcelina project, which will be followed up by deep drilling to further test the principal sulphide-rich Pellegrini breccia target.” A webinar with Tim Heenan, the Company’s President and Patrick Evans, the Executive Chair will be held on December 7th, 2021 at 10:00 am PT / 1:00 pm ET. A short presentation will be followed by a Q&A session. Registration can be completed using this link. Figure 1: Mirasol’s Project Portfolio Chile Update: Gorbea Au/Ag Project – Under Option to Newcrest Mining Limited Newcrest plans to complete five reverse circulation drill holes for 2,500m on the Atlas and El Dorado prospects. Atlas is the most advanced prospect in the Gorbea high sulfidation epithermal (“HSE”) Au-Ag property package and has been the focus of Newcrest’s drilling activities to date. The El Dorado prospect is a new target that will be drill tested for the first time. Atlas hosts widespread Au-Ag mineralization within the central breccia complex, which remains open to the north, east and southwest. Newcrest is planning to drill two holes at Atlas for 1,000m to test potential extensions and higher-grade mineralized zones. El Dorado is located 10 km to the southeast of Atlas and the area between these two prospects is covered by post mineralization mafic volcanics. El Dorado comprises mid-Miocene felsic-andesitic lavas and volcanic breccias that have been intruded by daci-andesite domes and polymictic breccias with clasts of vuggy silica, which...