Category : Atacama Puna Program

November 21, 2017

Mirasol Signs Option and Farm-in Agreement with Newcrest for a Joint Venture on the Altazor Gold Project in Chile

View PDF VANCOUVER, BC, November 21, 2017 — 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 […]

July 25, 2017

Mirasol Expands Claims Holdings at the Odin Copper Project, Northern Chile

View PDF VANCOUVER, BC – July 25, 2017 — Mirasol Resources Ltd. (TSX-V: MRZ, “Mirasol”) is pleased to report that the Company has expanded its claims holdings at the Odin copper project in the prolific Oligocene age copper belt of northern Chile from 900 ha to over 5,660 ha securing significant extensions to the district scale alteration system previously reported at the project.   The Odin project is located (figure 1) 35 km north of BHP’s giant La Escondida copper […]

July 24, 2017

Mirasol Resources Defines Three Porphyry Copper Targets at 100% Owned Rubi Project, Northern Chile

View PDF Vancouver, BC, 24 July, 2017 — Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF “Mirasol”) is pleased to announce that it has defined three large-scale porphyry Cu-Mo-Au targets, and also expanded its claim holdings, at its 100% owned Rubi Project (“Rubi”) situated adjacent to the giant El Salvador copper mining district in northern Chile. Rubi (Figure 1) lies at relatively low elevation within 20 km of El Salvador and Portrerillos porphyry Cu-Mo-Au mines, with highly favourable infrastructure advantages such as […]

March 02, 2017

Mirasol Anounces Exploration Results from New 100% Owned Odin Copper Project, Oligocene Porphyry Belt Northern Chile

View PDF VANCOUVER, BC — March 2, 2017 — Mirasol Resources Ltd. (TSX-V: MRZ, “Mirasol”) is pleased to announce initial exploration results from a new porphyry copper target at its 100% owned Odin project, located 20 km north of BHP’s La Escondida Copper Mine in Northern Chile. The Odin Project was staked by Mirasol as part of its ongoing Atacama-Puna generative program which is focused on prolific mineral belts in northern Chile and Argentina. Mirasol holds 100 percent of four […]

April 02, 2015

Mirasol reports that First Quantum Minerals has relinquished its option over the Rubi project in Northern Chile

View PDF VANCOUVER, BC, April 2, 2015 — Mirasol Resources Ltd. (Mirasol) (TSX-V: MRZ, Frankfurt: M8R) has been advised by First Quantum Minerals Inc. (First Quantum) that it has relinquished its option to earn up to 75% of the Rubi project in the Eocene — Oligocene porphyry belt of northern Chile. First Quantum is exiting prior to the first earn-in point as defined in the terms of the JV Agreement (see press release 18th September 2013 and 27th August 2014) […]

December 01, 2014

Mirasol reports start of field campaign for the Frontera JV in the Miocene Arc gold-copper program of northern Chile

View PDF VANCOUVER, BC, December 1, 2014 – Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) Mirasol initiates reconnaissance program on Frontera JV in Mirasol’s Miocene Arc generative program in northern Chile, targeting large epithermal gold and porphyry copper deposits. The Frontera JV encompasses 15 early-stage claim blocks covering approximately 22,400 hectares, including claim blocks that are contiguous with Mirasol’s 100%-owned Atlas and Titan Projects. Satellite image analysis shows large-scale alteration systems and prospective structural settings within some of the claims […]

November 10, 2014

Mirasol reports geophysical results and the start of drilling at the Rubi JV with First Quantum in northern Chile

VANCOUVER, BC, November 10th, 2014 – Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) IP and MT geophysical surveys completed; anomalies detected in two prospects. Integrated target selection is complete for this phase of drilling. Drill permit granted late August; and drill contract signed. Drilling of phase 1 program commenced mid-October, 2014. Mirasol is pleased to report that First Quantum Minerals (First Quantum) has commenced the Phase I drilling campaign at the Rubi JV porphyry copper – gold project in the […]

September 03, 2014

Mirasol provides exploration update on Rubi copper-gold porphyry JV with First Quantum Minerals in Northern Chile

View PDF VANCOUVER, BC, September 3, 2014 – Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) 3D modelling of helicopter air magnetics survey with leading-edge technology Completed extensive property-wide soil geochemical program Detailed gravity survey being used to model depth of post-mineral gravel cover Alteration vectoring studies undertaken Completed systematic mapping and sampling of areas of outcrop Integrated targeting and modelling underway 8 preliminary targets identified both in outcrop and gravel-covered areas Electrical geophysical test-lines in progress over key targets Drill […]

August 27, 2014

Mirasol and First Quantum Minerals sign Definitive Exploration Option and Joint Venture Agreement for the Rubi Property, Chile

View PDF VANCOUVER, BC, August 27th, 2014 – Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) is pleased to announce that on the 14th August, 2014 it signed the definitive Option and Joint Venture Agreement (the “Definitive Agreement”) with its partner, First Quantum Minerals Ltd. (“First Quantum”) for the exploration and development of its 100%-owned, 13,659 hectare Rubi Property, located in the El Salvador copper-gold mining district of Region III, northern Chile (see news release September 18, 2013). The Definitive Agreement […]

February 24, 2014

Mirasol Provides Update on Aggressive Exploration Program on the Rubi copper-gold JV Project in Northern Chile

View PDF   First Quantum starts aggressive exploration program at Rubi JV with 2,460 line km detailed helimag survey of entire property Initial magnetic interpretation by Mirasol suggests regional structural setting is analogous with other Eocene – Oligocene porphyry district of northern Chile Helimag survey identified anomalies at the Portezuelo and Lithocap prospects that are consistent with large-scale alteration systems Additional magnetic anomalies, evident through the gravel cover, in the Pampa del Inca plain may represent new exploration targets First […]