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Mirasol Signs Option and Farm-in Agreement with Newcrest for a Joint Venture on the Altazor Gold Project in Chile
Mirasol Signs Option and Farm-in Agreement with Newcrest for a Joint Venture on the Altazo...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n\nMirasol Signs Option and Farm-in Agreement with Newcrest for a Joint Venture on the Altazor Gold Project in Chile\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.prngen1{\nBORDER-BOTTOM:0pt; BORDER-LEFT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt; BORDER-RIGHT:0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 21, 2017\n\n\n\nVANCOUVER, Nov. 21, 2017 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF) (the \"Company\" or \"Mirasol\") is pleased to announce that it has signed an option and farm-in agreement (the \"Agreement\") with Newcrest International Pty Limited, a wholly owned subsidiary of Newcrest Mining Limited (ASX: NCM) for Mirasol's Altazor High Sulfidation Epithermal (HSE) gold project in northern Chile (the \"Altazor Project\").  NCM has the right to acquire, in multiple stages, up to 80% of Mirasol's wholly-owned Altazor Project by completing a series of exploration and development milestones and making staged option payments totaling US$1.8 million to Mirasol. \n\nNewcrest Mining (\"NCM\") is one of the world's largest gold mining companies, operating 5 mines in Australia, the Asia - Pacific and Africa regions. NCM has extensive experience developing and operating successful mines in culturally and geographically diverse environments. NCM seeks to identify and secure large mineral districts, or provinces, in order to establish long term mining operations.\n\nStephen Nano, CEO of Mirasol, stated that \"we are very pleased to be partnering with Newcrest to explore the Altazor gold project. This is Newcrest's first Chilean farm-in since its strategic decision to reinitiate exploration in the Americas.  Newcrest has made a significant first year commitment to the project that will allow us to accelerate this season's exploration program and consider a decision to drill.\" \n\nMirasol and NCM are preparing for an aggressive exploration program this sout...