VANCOUVER, B.C., November 6, 2007 – Mirasol Resources Ltd. (TSX-V:MRZ; Frankfurt:M8R) today announced the appointment of Dr. Paul G. Lhotka, PhD, P.Geo. (British Columbia), as Principal Geologist and technical manager of Mirasol’s exploration projects in Argentina and Chile.
Dr. Lhotka is an experienced and respected exploration professional with a wealth of experience in Latin America. He holds a doctoral degree in geology from the University of Alberta, Edmonton, and B. Sc. degree from the University of Manitoba, Winnipeg, and has over twenty-five years experience in the exploration and mining industries, including ten years in South America. He has worked as a consultant to and in management of major and junior mining companies at the exploration, development and mining stages, and most recently was the Qualified Person and technical project manager for the Navidad silver project in Argentina from discovery in 2003 to 2006. Previously he held positions with Westmin Resources Limited (subsequently acquired by Boliden Limited) as senior geologist in Canada, Chile and Argentina, and ultimately as South America exploration manager and president of Westmin Argentina S.A. Dr. Lhotka was also involved in the development and commencement of operations at Mina Martha, a high-grade silver mine. Both Navidad and Martha are located in Patagonia where Mirasol has numerous active projects.
In northern Chile, Dr. Lhotka managed the geological aspects of the pre-feasibility study on Fortuna de Cobre for Westmin, an oxide copper project now being placed into production by Xstrata, as well as generative exploration programs.
“Paul Lhotka brings significant depth to Mirasol’s exploration team as our exploration projects mature and meet success. We are very pleased with the appointment and are confident that Paul’s experience and contributions will enhance Mirasol’s generative exploration programs”, commented Mirasol’s president, Mary Little.
Mirasol will grant Dr. Lhotka 100,000 share purchase options as part of his employment compensation.
About Mirasol Resources Ltd.:
Mirasol is a junior exploration company focused on discovery of new precious metals project in the Americas. The Company holds nine 100%-owned precious metals properties in Santa Cruz Province, southern Argentina. The Company is actively exploring prospective metallogenic regions and has acquired gold and copper-gold prospects in northern Chile. Mirasol offers shareholders a strategic advantage through its highly talented technical team, use of leading edge technology, strong management experience and a discovery record in Latin America. The Company has joint ventured several of its Patagonian projects with strong, well-funded partners Coeur (TSX: CDM; NYSE: CDE) and the Hochschild Group (LN: HOC).
For further information, contact:
Mary L. Little President & CEO
Tel: (604) 602-9989: Fax: (604) 688-8852
Trent Dahl, Ascenta Capital Partners Inc.
Phone: (604) 684-4743 ext. 228
Toll free: 1-866-684-4743 ext. 228
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