Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Mirasol Resources commences new 2,700 metre drill program at Virginia silver project in Argentina

% of readers think this story is Fact. Add your two cents.

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) has kicked off a new 2,700 metres drill program at its Virginia Silver project in Santa Cruz, Argentina, it announced Tuesday.  

The Phase II program, which is being funded as part of a partnership with Silver Sands Resources Corp (CSE:SAND) (OTCQB:SSRSF) is designed to test gaps and extensions of the main veins at six targets on the property. 

Mirasol will also follow up and drill down dip and adjacent to some of the more promising intersections from its 2,831-metres (m) Phase I program that was completed last year. 

READ: Mirasol Resources poised for maiden drill program at Inca gold project in Chile

Virginia is a high-grade silver project with an open-pit constrained indicated mineral resource of 11.9 million ounces of silver at 310 grams per ton (g/t) and a further inferred 3.1 million ounces of silver at 207 g/t.

Virginia – Plan map with the Phase II drill hole collar location

“The Phase II drill program promises to be exciting as we continue to expand the area of mineralization at Virginia,” Mirasol’s interim CEO Patrick Evans said in a statement.

Silver Sands will fund exploration expenses well over the US$1 million commitment for the first 12 months, Evans told investors. “We are pleased to see them taking full advantage of the current exploration season.”

Mirasol, a Vancouver-based project generator, and Silver Sands will also drill three holes at the Santa Rita target on the northern portion of the property, the company told shareholders.

Previous exploration at Santa Rita has defined an open-ended 3,500m long by 500m wide northwest orientated trend containing mapped breccia veins with silver epithermal mineralization generally less than 10m wide. The target saw around 2,050m sunk across 12 holes, but updated interpretation indicates that these historic holes may have not been drilled deep enough as the mineralization identified to date is hosted in cooler, high level silica species, according to Mirasol.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.