Mirasol Drills the Rio Seco Prospect, Claudia gold-silver Project, Argentina
13 Junio 2012 - 4:12PM
PR Newswire (Canada)
VANCOUVER, June 14, 2012 /CNW/ - Mirasol Resources Ltd. is
pleased to announce it has completed a 2,600 metre diamond
drill program at the Rio Seco gold-silver vein prospect, part of
the 100% held Claudia project located adjacent to the world class
Cerro Vanguardia gold mine operated by Anglogold Ashanti and
Fomicruz S.A., in Santa Cruz Province, southern Argentina. Mirasol
recently reported it has initiated an aggressive surface
exploration program focused on three large epithermal gold-silver
prospects at the Claudia Project (Figure 1): the Rio Seco, Curahue
and Laguna Blanca-Ailen prospects. Details of key exploration
targets are described in news releases dated March 5, 2012 and
April 18, 2012. At the Rio Seco prospect, exploration has outlined
five vein zones exposed intermittently over a 3,200 metre by
2,350 metre area, where surface geology and IP (induced
polarization) electrical geophysics has defined a series of
priority drill targets. Better surface assay results for Rio
Seco come from the J Zone (Figure 1), and include up to 20.1 grams
per tonne (g/t) gold and 34 g/t silver from rock chip sampling, and
saw-cut channel and trench intersections of 0.7 metre at 13.9 g/t
gold and 229 g/t silver, and 10.5 metres of 1.9 g/t gold and 22 g/t
silver. A number of other gold silver anomalous vein showings
and targets have been identified through sampling, trenching and
geophysical results at the Loma Alta, Loma Larga, Oculto, Veinte
and Rio Seco Main zones. Many of the Rio Seco vein showings host
geological features such as preserved sinters, silicified lake
sediments and lower temperature vein textures, which indicate the
current outcrop level is near the top of a mineralized epithermal
precious metal system. This suggests that wider veins and
higher grade mineralization than seen at surface could be
encountered at depth by drilling. The current drill program will
focus exclusively on the Rio Seco prospect, where a first pass core
drilling program has been designed to test the veins at a range of
depths from 25 to 130 metres below surface to identify trends of
increasing gold / silver grades and wider zones of veining at
depth. Drill results for the current drill test of Rio Seco
will be reported as they come to hand over the northern hemisphere
summer. In the western part of the property, surface exploration is
ongoing at the Curahue and Laguna Blanca-Ailen prospects, with the
goal of delivering a series of targets for sequential drill testing
during the 2012-2013 field season (see news release April 18,
2012). Stephen C. Nano, Vice President of Exploration for Mirasol,
is the Qualified Person under N.I. 43-101 who has verified and
approved the technical content of this news release. Quality
Assurance/Quality Control: Exploration at the Claudia Project is
supervised by Stephen C. Nano, Vice President of Exploration, who
is the Qualified Person under NI 43-101, and Timothy Heenan,
Exploration Manager. All technical information for the
Company's projects is obtained and reported under a formal quality
assurance and quality control (QA/QC) program. Drill core,
rock chip and stream sediment samples are collected under the
supervision of Company geologists in accordance with standard
industry practice. Samples are dispatched via commercial
transport to an ISO 9001:2000-accredited laboratory in Mendoza,
Argentina for analysis. Results are routinely examined by an
independent geochemist to ensure laboratory performance meets
required standards. Assay results from diamond drill core or RC
drill samples may be higher, lower, or similar to results obtained
from surface samples. 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. Mirasol Resources Ltd.
CONTACT: Mary L. Little President and CEOTel: (604) 602-9989: Fax:
(604) 609-9946Email: contact@mirasolresources.comWebsite:
www.mirasolresources.com
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