Mirasol Reports Commencement of Feasibility Drilling at the Joaquin Silver Project, Argentina
(firmenpresse) -
Mirasol Reports Commencement of Feasibility Drilling at the Joaquin Silver Project, Argentina
VANCOUVER, BC, October 17, 2011. Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) is pleased to announce that a major diamond drilling program of over 90 holes and 12,000 metres of drilling has commenced at the Joaquin Silver Project in Santa Cruz, Argentina, a joint venture with Coeur d’Alene Mines (“Coeur”).
An initial estimated resource for the Joaquin Silver Project comprises 19.6 million ounces of silver in the Indicated category and 47.9 million ounces of silver in the Inferred category, as was previously announced by Mirasol (news release May 9, 2011 and Appendix A).
The upcoming Joaquin drill program will centre on the La Negra silver-gold and La Morocha silver deposits, and is designed to expand and infill the published resources (Table 1). Expansion drilling will target to deepen the La Morocha shoot below its currently drilled depth of 140 metres (Figure 1), and expand the near surface oxide silver-gold mineralization at La Negra, which is open to the east and west (Figure 2). In addition, Coeur has confirmed that it plans to expand regional exploration of new targets, focused on precious metal discoveries elsewhere on the property.
To view the entire news please follow the link:
http://www.mirasolresources.com/s/NewsReleases.asp?ReportID=485560
Coeur operates the Joaquin project and holds a vested 51% interest in the project. Coeur has recently elected to proceed to increase its equity to 61% by funding all expenditures through to the delivery of a full feasibility study. During the recent Coeur d'Alene Mines quarterly webcast, Don Birak, Senior Vice President of Exploration stated, "The Joaquin property is twice the size of our Palmarejo property. We only have really explored a small part of this large 24,000 hectare property and we look forward to new efforts on both the feasibility and exploration fronts".
Mirasol Resources Ltd. is a prospect generation exploration company focused on the discovery and development of new, high-potential precious metals deposits in the Americas. Mirasol currently holds 100% of the rights of twenty exploration prospects, including eight advanced exploration stage precious metals properties located in Santa Cruz Province of southern Argentina. These include the recently discovered Virginia Silver Project, where near-surface, oxidized mineralization is being outlined by shallow diamond drilling. The company operates subsidiary companies in Argentina and Chile, holds the strategic Rubi copper-gold porphyry property in Chile, and is engaged in generative exploration in prospective regions elsewhere in the Americas.
Paul G. Lhotka, Ph.D., Principal Geologist for Mirasol, is the Qualified Person under NI 43-101 who has approved the technical content of this news release.
For further information, contact:
Mary L. Little
President and CEO
Tel:(604) 602-9989: Fax:(604) 609-9946
Email: contact(at)mirasolresources.com
Website: www.mirasolresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the entire news please follow the link:
http://www.mirasolresources.com/s/NewsReleases.asp?ReportID=485560
Leseranfragen:
Mirasol Resources Ltd.
Vancouver (Corporate Office):
Email: contact(at)mirasolresources.com
Address: Suite 1510 - 789 West Pender Street
Vancouver, British Columbia
Canada V6C 1H2
Telephone: (604) 602-9989
Fax: (604) 609-9946
" alt="iVegas Gaming Ltd. Receives $1 million Debt Financing">
" alt="ESBC: A Strong Mark of Confidence!">
Datum: 18.10.2011 - 13:02 Uhr
Sprache: Deutsch
News-ID 77199
Anzahl Zeichen: 3642
contact information:
Town:
Wien
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 226 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Mirasol Reports Commencement of Feasibility Drilling at the Joaquin Silver Project, Argentina
"
steht unter der journalistisch-redaktionellen Verantwortung von
Mirasol Resources (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
