Mirasol is a successful gold and silver Project Generator. We use leading-edge technology and geoscience to discover and define new high-quality exploration targets. After securing ownership of the targets, completing preliminary ground exploration work and defining drill ready targets, these projects are optioned to well-funded mining companies to aggressively test them to identify new mineable resources. This model allows Mirasol to focus on its competitive advantage, while accessing our partners funding and skill sets. It also conserves the company’s treasury, minimizes shareholder dilution and accelerates the path to discovery and shareholder value creation.
Our competitive advantage as a project generation company is the result of our innovative target generation capacity, our skilled field geoscience, our expert mineral systems knowledge and our creative business approach. The experienced technical and business development team consistently delivers a pipeline of quality projects that convert into strong, active and mutually beneficial joint venture deals with prominent mining companies. We pride ourselves in working with high profile partners and believe they are an endorsement of the quality of our generative engine.
A successful outcome of Mirasol’s project generation is illustrated by the discovery and ultimate sale of its 49% share in the Joaquin silver resource to its joint venture partner for US$ 60 million in cash and shares.
Mirasol’s project generation efforts are focused on two highly productive mining regions in South America: the Atacama-Puna region of northern Chile and Argentina, and Santa Cruz Province in Southern Argentina. These regions are richly endowered with mineralization and are host for many world-class gold, silver and copper mines operated by some of the world’s largest mining houses. We believe that Mirasol style, technical focused and well managed exploration has the potential to produce new high value discoveries that will deliver significant value creation to our shareholders.