Commencement of Phase Three Drill Program At Joaquin
VANCOUVER, BC - Mirasol Resources Ltd. reported the start of a third phase of drilling at its 100% owned Joaquin silver gold project located in Province of Santa Cruz in southern Argentina. The 3000 metre diamond drilling program will be managed by Mirasol's joint venture partner,
The initial phases of drilling at Joaquin have returned significant silver, and lesser gold, results from the La Morocha and La Negra structures over strike lengths of 500 metres and down dip to depths exceeding 100 metres. This third phase of drilling will test an additional 250 to 300 metres of strike length of both structures, and will drill infill, down dip, and step-out holes from key mineralized drilling intersections encountered to date.
Previous drilling at La Morocha and La Negra has shown potential for near surface bulk tonnage silver mineralization that also hosts a series of narrower high grade silver zones. Better intersections to date from La Negra were returned from hole DDJ-38, include 7.45 metres at 703.8 grams/tonne (g/t) silver plus 15.96 metres of 200 g/t silver and 0.08 g/t gold, within a broader zone of 48.2 metres grading 194.4 g/t silver. At La Morocha, better intersections include 22.5 metres of 179.4 g/t silver and 9.4 metres of 501.1 g/t silver.
Coeur is exploring the Joaquin project for stand-alone resources and / or additional ore for the nearby high-grade Martha silver mine. Mirasol Resources is pleased to be evaluating this project with
The company’s address is