MRZ) (OTCPK:
Company” or “
Mirasol”) today provides an exploration update for the Inca Gold Project (“Inca Gold”) in Chile. Inca Gold is a large 16,300 ha property package, with multiple exploration prospects, that has been optioned from Newmont Corporation (“Newmont”) (news release January 30, 2020).
The Sandra prospect (“Sandra”) at Inca Gold was the first zone to be tested and assay results have been received from the maiden 1,417m drill program. A total of eight diamond drill holes were completed on three separate targets to test for mineralization below outcropping quartz veins. The assay results for Au and Ag are generally low grade and over narrow widths, ranging from 0.5 to 1m. The highest values were in hole IG-DD-004 that returned 0.27 g/t Au and 47.8 g/t Ag over 0.5m (see Table 1). Mirasol is completing a review of the geochemical results and alteration indicators to assess if further drilling is warranted at the remaining untested Sandra targets.
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Mirasol Resources continues to be busy with exploration in Chile and Argentina
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MRZ) (OTCPK:
Company” or “
Mirasol”) is pleased to announce that it has signed binding agreements with Patagonia Gold Corp. (“Patagonia”) for its Homenaje and Nico projects in Santa Cruz province, Argentina. Patagonia is an exploration and development company focused in southern Argentina and owns the Cap Oeste mine located adjacent to the Homenaje project and the Martha mill, located 45km south of the Nico project along a major highway.
Mirasol’s President, Tim Heenan, stated: “We are pleased to have completed these two transactions with Patagonia, they are a great partner for both projects given to the proximity of their operations. We look forward to Patagonia advancing and testing both the exploration potential at the Homenaje project and the near surface production potential at Nico.”
SUNDAY saw the final meeting on the newly formed Point to Point fixture list in Yorkshire as the Zetland and Cleveland came together to stage their meeting at Witton Castle. As with most meetings so far, it was held behind closed doors, with only participants and officials were allowed on the track. Clerk of the course Stuart Gibbon did a fantastic job in this current dry period to produce what everyone described as good ground, however it would be Susan Town s final meeting as she retired as Point to Point Secretary after filling the role for 21 years, and has done a fantastic job in that time.