MIRASOL RESOURCES


Associated tags: Inca Gold, Sobek, MRZ, News, OTC, Mining

Locations: VIRGINIA, CLAUDIA, MIRASOL, VANCOUVER, BC, CA, MI, ARGENTINA, BRITISH COLUMBIA, CHILE, UNITED STATES

Mirasol Resources Closes First Tranche of Private Placement

Retrieved on: 
Wednesday, April 24, 2024

VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement.

Key Points: 
  • VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement.
  • The Company issued 3,887,552 Units (the “Units”) at a price of $0.60 per Unit for aggregate gross proceeds of $2,332,531.20.
  • Accordingly, these subscriptions each constituted a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Shareholders in Special Transactions (“MI 61-101”).
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any US state securities laws.

Mirasol Resources Announces Private Placement Financing

Retrieved on: 
Friday, March 8, 2024

VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced it is arranging a non-brokered private placement financing (the “Offering”) of up to 5,000,000 Units (the “Units”) at a price of $0.60 per Unit for aggregate gross proceeds of $3.0 million.

Key Points: 
  • VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced it is arranging a non-brokered private placement financing (the “Offering”) of up to 5,000,000 Units (the “Units”) at a price of $0.60 per Unit for aggregate gross proceeds of $3.0 million.
  • The net proceeds of the Offering will be used to expand Mirasol’s successful exploration programs and for general corporate purposes.
  • This press release is not an offer of common shares for sale in the United States.
  • The Shares have not been and will not be registered under the U.S. Securities Act, or any state securities laws.

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

Retrieved on: 
Monday, March 4, 2024

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.

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

Retrieved on: 
Wednesday, February 14, 2024

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:

Mirasol Resources Announces the Promotion of Tim Heenan to CEO and Appointment to the Board of Directors

Retrieved on: 
Tuesday, February 6, 2024

VANCOUVER, British Columbia, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the promotion of the Company’s President, Tim Heenan, to the position of Chief Executive Officer and his appointment to the Board of Directors.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the promotion of the Company’s President, Tim Heenan, to the position of Chief Executive Officer and his appointment to the Board of Directors.
  • Both these appointments are with immediate effect.
  • Patrick Evans, Chair of Mirasol, commented: “Tim Heenan has been an employee of Mirasol since the founding of the Company in 2005 and has served as President since April, 2022.
  • We congratulate Tim on his promotion to CEO and welcome his appointment as a director.”
    With Mr. Heenan’s appointment as CEO, Mr. Evans will continue serving as non-executive Chair of Mirasol.

Mirasol Resources Announces Annual Option Grants

Retrieved on: 
Saturday, December 23, 2023

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) announced today that the Board of Directors has approved the grant of 1,713,750 incentive stock options (“Options”) under the Company’s long-term incentive plan.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) announced today that the Board of Directors has approved the grant of 1,713,750 incentive stock options (“Options”) under the Company’s long-term incentive plan.
  • The grants were made to employees, officers, directors, and consultants of the Company.
  • The options granted to employees will vest as follows: 25% on the date of grant, followed by an additional 25% each six months thereafter.
  • All grants of Options are subject to the Company’s Stock Option Plan which was approved by shareholders at Mirasol’s annual and special meeting of shareholders on June 7, 2023.

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

Retrieved on: 
Thursday, December 14, 2023

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.

Mirasol Advances Exploration at Inca Copper-Gold Project in Chile and Reports Drill Results from Vania Prospect

Retrieved on: 
Friday, December 8, 2023

VANCOUVER, British Columbia, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) reports on progress of the exploration program and drill results from the maiden drill program launched at the Vania prospects on the Inca Copper-Gold Project (“Inca Gold”) in Chile ( news release September 11, 2023 ).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) reports on progress of the exploration program and drill results from the maiden drill program launched at the Vania prospects on the Inca Copper-Gold Project (“Inca Gold”) in Chile ( news release September 11, 2023 ).
  • The maiden drill program at Vania was designed to test for potential concealed porphyry intrusive bodies under transported alluvial/colluvial gravel cover.
  • Two drill holes were completed, with the first drill hole at Vania South (VANS-DDH-001) reaching a depth of 580 meters, and a second drill hole at Vania North (VANN-DDH-001) reaching a maximum depth of 346 meters.
  • “The Inca Project is located in a very well-known and productive copper and gold mining district.

Mirasol Increases Virginia Silver Resource in Argentina

Retrieved on: 
Thursday, November 9, 2023

They are both Independent Qualified Persons’ as defined by National Instrument 43-101 Standard Disclosure for Mineral Projects who reviewed and validated the resource model previously prepared (original Virginia Mineral Resource Report dated January 23, 2015 and the Amended Resource Report dated February 29, 2016).

Key Points: 
  • They are both Independent Qualified Persons’ as defined by National Instrument 43-101 Standard Disclosure for Mineral Projects who reviewed and validated the resource model previously prepared (original Virginia Mineral Resource Report dated January 23, 2015 and the Amended Resource Report dated February 29, 2016).
  • Future drilling at Virginia will focus on increasing the inferred silver resources.
  • The original Mineral Resources referenced in this press release regarding the Virginia Project refers to the technical report: "Virginia Project, Santa Cruz Province, Argentina - Initial Silver Mineral Resource Estimate", with an effective date of January 23, 2015, and authored by Donald F. Earnest P. Geo.
  • The amended Mineral Resources referenced in this press release regarding the Virginia Project refers to the technical report: "Amended Technical Report, Virginia Project, Santa Cruz Province, Argentina - Initial Silver Mineral Resource Estimate", with an effective date of February 29, 2016, and authored by Donald F. Earnest P. Geo.

Mirasol Announces the Launch of Partner-Funded Drill Program at the Claudia Gold-Silver Project in Argentina

Retrieved on: 
Tuesday, October 3, 2023

(7.5%), has initiated a drill program at the Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.

Key Points: 
  • (7.5%), has initiated a drill program at the Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.
  • Under an Option Agreement, CVSA has the right to acquire a 100 percent interest in Claudia by completing 12,500 meters of diamond drilling within four years.
  • If the Option is exercised, Mirasol will retain a 2% Net Smelter Royalty on future production from the Claudia Project ( news release May 23, 2023 ).
  • Mirasol today also announces that the option agreement on the Homenaje Gold-Silver Project in Argentina (“Homenaje”) with Patagonia Gold Corp. (“Patagonia”) has been terminated.