Business
Mirasol Resources Defines Additional Drill Targets on the Inca Copper-Gold Project in Chile
Drilling planned for Q1 2023 Compelling Geophysical Targets Located within a “World Class” mining district Inca Gold & Sobek Projects Update Webinar December 13
About this update from Mirasol Resources Ltd
[{"type":"text","content":" Drilling planned for Q1 2023 Compelling Geophysical Targets Located within a “World Class” mining district Inca Gold & Sobek Projects Update Webinar December 13th 10 am PT / 1 pm ET VANCOUVER, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to report the identification of additional compelling drill targets at the Vania South prospect on the Inca Copper-Gold Project (“Inca Gold”) in Chile from the recently completed Induced Polarity (IP) Electrical Geophysical survey. Geochemical results are pending from soil and select rock chip sampling, which will be integrated with the recently completed geophysical survey to finalize drill plans. Pursuant to the Exploration Agreement with Option affiliates of Newmont Corporation (“Newmont”), Mirasol has the option to earn-in 100% of Inca Gold, subject to a 1.5% NSR royalty (news release January 13, 2020). “The Vania prospects at our Inca Gold project are advancing as quality drill targets,” Mirasol’s President, Tim Heenan, commented. “In addition to the previously reported coincident soil geochemical and Mag/IP geophysical anomalies at Vania North, we have now also defined a strong magnetic high coincident with IP anomalies and significant rock sample geochemistry results at Vania South. We are eager to drill these compelling targets, which are hosted along a major structural corridor within this well-endowed world-class copper district, early in Q1 2023.” An Inca Gold and Sobek Projects Update Webinar with Tim Heenan, the Company’s President and Patrick Evans, the Executive Chair will be held on December 13th, 2022 at 10:00 am PT / 1:00 pm ET. A brief presentation will be followed by a Q&A session. Registration can be completed using this link. Inca Gold is a large 16,300-hectare property package located on the Paleocene belt of Chile. The Vania North and Vania South zones are both controlled along a major north-northeast structural corridor which hosts the Inca del Oro porphyry to the south and the expansive El Salvador mining district to the north. Vania South is localized at an important intersection of two faults, the north-south trending regional Quebrada Vasquez fault, intersecting an east-west trending undercover interpreted fault passing through the center of the magnetic anomaly. Figure 1: Locati...