Business
Mirasol Upgrades Libanesa and Identifies new Silver - Gold Target adjacent to Cerro Plomo
VANCOUVER, July 21 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ; Frankfurt: M8R) is pleased to anno...
About this update from Mirasol Resources Ltd
[{"type":"text","content":"\n\n\n\nVANCOUVER, July 21 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ; Frankfurt:\nM8R) is pleased to announce it has identified additional silver/gold-base\nmetal targets through an MMI soil survey at its 100% owned Libanesa project,\nlocated in the prolifically mineralized province of Santa Cruz, Southern\nArgentina.\n\n\nMirasol recently completed a detailed MMI (Mobile Metal Ion) soil survey\ncovering approximately a 2 square kilometre area centered on the Cerro Plomo\ngold/silver-base metal breccia target (see press release of February 28,\n2008). The MMI soil survey was designed to test for geochemical leakage from\nsilver/gold mineralization covered by recent soil and lake bed sediments.\nAssays returned highly anomalous results for silver, gold, lead, zinc and\narsenic from six areas outside the known Cerro Plomo Breccia. Peak assay\nresults include silver up to 33,700 ppb, lead 22,100 ppb and zinc 23,800 ppb(x).\nNote that MMI results are typically reported as ppb (parts per billion), where\n1000 ppb equals 1 ppm. Anomalous indicator metals including tellurium and\nantimony were also reported. (See map link:\n\n\nhttp://www.mirasolresources.com/i/Photos/Lib_MMI_AnomalyFigure.jpg).\n\n\nIntegrated analysis of MMI soil results with Mirasol's geological and\ngeophysical results at Libanesa suggest that MMI soil anomalies form two\nparallel northeast-trending structural belts associated with a series of\nandesitic dykes. The more pronounced northern belt, which hosts the Cerro\nPlomo Breccia, is open-ended to the east and west, and produced\nsilver/gold-polymetallic anomalies, developed intermittently over 1.2\nkilometers of strike length.\n\n\nFollow up along both belts has identified float and outcrop of\nmineralized breccias, vein and gossan adjacent to the soil anomalies in four\nareas. Systematic mapping and rock chip sampling of the mineralized belts has\nbeen completed by Mirasol geologists. Assay results are pending.\n\n\nThese results upgrade the exploration potential of the Libanesa project,\nand suggest the potential for new areas of shallowly-covered silver/gold\nmineralization adjacent to the high-grade Cerro Plomo Breccia target.\n\n\nStephen C. Nano, Vice President of Exploration for Mirasol, is the\nQualified Person under NI 43-101 who has prepared and approved the technical\ncontent of this news release.\n\...