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Mirasol Video Update on Sobek Copper-Gold Project – Highlighting the Recent Strategic Addition of Adjacent Rosita Property in Vicuña District, Chile

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Monday, March 4, 2024

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The video presentation highlights the landmark agreement doubling the size of Mirasol’s property in the Vicuña District, combining Sobek with the adjacent Sociedad Química y Minera de Chile SA (“SQM”) Rosita property ( see news release dated February 14, 2024 ).

Key Points:

The video presentation highlights the landmark agreement doubling the size of Mirasol’s property in the Vicuña District, combining Sobek with the adjacent Sociedad Química y Minera de Chile SA (“SQM”) Rosita property ( see news release dated February 14, 2024 ).
The eastern portion of the Rosita property positions Mirasol within 3 kilometers of the giant Filo Del Sol Project and the Potro Prospect within the Sobek North block is 3 kilometers from Lunahuasi discovery, both within the heart of the Vicuña Copper-Gold district.
The recent exploration progress at Sobek is also summarised in the video presentation, including the progress made refining high-priority drill targets at the Sobek Central VN Zone and Sobek North El Potro Progress.
The video presentation is available here on the Mirasol website: mirasolresources.com.

Climate Solutions Prize: More than $1.3 million awarded to Israeli Climate tech startups

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Wednesday, February 28, 2024

TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- $1.3 million dollars were awarded to Israeli climate tech startups today as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivizes climate innovation to address the global climate crisis. The startup track was led by Startup Nation Central together with Climate Solutions Prize Organization.

Key Points:

TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- $1.3 million dollars were awarded to Israeli climate tech startups today as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivizes climate innovation to address the global climate crisis.
It aims to be a catalyst for climate tech innovation in both breakthrough research and the startup ecosystem.
The 2023 Israeli Climate Tech Landscape Map details leading companies with solutions addressing the climate crisis.
The Breakthrough Research Prize track was awarded in January to three Israeli research teams to propel their work on promising solutions to the climate crisis.

Mirasol Doubles the Sobek Copper-Gold Project in Vicuña District, Chile, through Option Agreement with SQM on Adjacent Rosita Property

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Wednesday, February 14, 2024

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The SQM Property (“Rosita”) covers 11,500 hectares extending the Sobek Project to the west and to the east, and unifying the Sobek Central block with the Sobek North block which was an important factor in this consolidation.

Key Points:

The SQM Property (“Rosita”) covers 11,500 hectares extending the Sobek Project to the west and to the east, and unifying the Sobek Central block with the Sobek North block which was an important factor in this consolidation.
The eastern portion of the Rosita property positions Mirasol within 3 kilometers of the giant Filo Del Sol Project and the Sobek North block is 3 kilometers from Lunahuasi discovery both within the heart of the Vicuña Copper-Gold district.
“The strategic expansion of the Sobek Project to include the sought after SQM Rosita property firmly secures Mirasol as a key player amongst industry-leading companies in the globally recognized Vicuña Copper-Gold district,” Mirasol’s President and CEO Tim Heenan stated.
Key Terms of the Agreement:
SQM has granted Mirasol the exclusive option to earn 80% of the Rosita Project over 6 years, subject to a 2.0% NSR royalty, by:

Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump

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Thursday, January 11, 2024

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A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.

Key Points:

A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.
Copper is essential for constructing infrastructure projects such as buildings, bridges, and electrical systems.
Hence, government initiatives and policies promoting infrastructure development can significantly boost the market.
The mining industry, mainly of copper, will likely increase significantly due to increased investment in construction and construction projects.

Mirasol Advances Exploration Program at Sobek Copper-Gold Project in Chile in Preparation for Drilling

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Thursday, December 14, 2023

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VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that exploration has resumed at the Company’s 100%-owned Sobek Copper-Gold Project (“Sobek” or “the Project”) in the Vicuña Copper-Gold-Silver District of Chile.

Key Points:

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that exploration has resumed at the Company’s 100%-owned Sobek Copper-Gold Project (“Sobek” or “the Project”) in the Vicuña Copper-Gold-Silver District of Chile.
Drilling is scheduled to start at Sobek Central early in Q1 2024, following which the drill is expected to be mobilized to Sobek North.
“The Sobek project is located in the middle of the high-profile Vicuña Copper-Gold district in northeast Chile, positioning Mirasol adjacent to the north-south trend which hosts Filo del Sol and NGEx’s Lunahuasi discovery,” Mirasol’s President Tim Heenan stated.
The Project comprises a large block totaling 11,120 ha of exploration claims in three strategic locations, the North, Central and South blocks within the Vicuña Copper-Gold-Silver District.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

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Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security. Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession. A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years. Active mining companies in markets include: Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points:

A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on:

Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security. Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession. A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years. Active mining companies in markets include: Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points:

A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Mirasol Refines Priority Targets Based on Results from Preliminary Drill Program at Sobek Copper Project in Chile

Retrieved on:

Monday, August 21, 2023

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The drill program was initiated late in the season when road construction allowed access for the drill rig (see news release dated June 27, 2023 ).

Key Points:

The drill program was initiated late in the season when road construction allowed access for the drill rig (see news release dated June 27, 2023 ).
The initial targets will require follow-up drilling and several other priority targets will also be drill tested when the campaign resumes in Q4 2023.
However, these early results have provided some important structural data which will help to refine our drill plans,” Mirasol’s President Tim Heenan stated.
“We have only just started to scratch the surface at Sobek and high-priority targets of massive scale remain to be drill tested.

Mirasol Advances Maiden Drill Campaign Testing Initial Targets at Flagship Sobek Copper Project in Chile

Retrieved on:

Tuesday, June 27, 2023

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“The potential for discovery at the high-profile Vicuña Copper-Gold district has motivated us to advance Sobek from initial boots-on-the-ground exploration to the maiden drill campaign at an extraordinary pace.

Key Points:

“The potential for discovery at the high-profile Vicuña Copper-Gold district has motivated us to advance Sobek from initial boots-on-the-ground exploration to the maiden drill campaign at an extraordinary pace.
These Mobile MT targets were the initial focus of this season’s maiden drill campaign at Sobek Central.
Based on the results from the Mobile MT survey, geochemical soil anomalies and select surface rockchip results Mirasol initiated the maiden drill campaign at Sobek Central.
The VN-Zone targets will be the first area of focus for next seasons continuation of the maiden drill campaign at Sobek Central.

Mirasol Commences Maiden Drill Program at Flagship Sobek Copper Project in Vicuña District, Chile

Retrieved on:

Monday, May 15, 2023

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VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that drilling has commenced on the Company’s 100%-owned Sobek Copper Project (“Sobek”) in the Vicuña District, Chile.

Key Points:

VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that drilling has commenced on the Company’s 100%-owned Sobek Copper Project (“Sobek”) in the Vicuña District, Chile.
“We are excited to announce the start of drilling on the Central Breccia Zone, the first of the priority targets at Sobek Central in the high-profile Vicuña Copper-Gold district.
“Our 2022/23 program at Sobek was ambitious and thanks to the perseverance of our exploration team we have successfully advanced Sobek to this significant milestone of the maiden drill campaign.
Results from the maiden drill program at Sobek Central will be reported as they become available.