Mirasol Resources Ltd. is pleased to announce that it has obtained a loan of $2,000,000 from Mr. John Tognetti, a director and control person of Mirasol. The Loan bears interest at the rate of 10% per annum, is payable at the end of one year, may be repaid at any time without penalty and is secured by a General Security Agreement. Mirasol expects to use the Loan proceeds primarily to pay its arm's length creditors and for [...]
Initial drilling of the Potro SE target on Sobek North intersected a new polymetallic mineralized system: 17.4m at 0.72g/t gold Eq. including 3.0m at 2.39 g/t gold Eq and high silver, lead, zinc with indications of copper The drill hole ended in strongly altered porphyritic rock and the system remains open laterally and at depth The mineralized intercept is directly associated with a large IP-PDP geophysical chargeability [...]
Mirasol Resources Ltd. announced today that the Board of Directors has approved the grant of 1,586,250 incentive stock options to employees, officers, directors and consultants of the Company under the Company's long-term incentive plan. The Options entitle the holders to purchase the equivalent number of common shares of the Company at a price of $0.55 per common share for a period of five years from the date of grant [...]
Drilling is underway at the High-Priority Potro SE target located 3 km from NGEx's Lunahuasi Ground based electrical geophysics were recently completed to refine the geometry of the porphyry target The Potro SE target was defined and supported by coincident geological, geophysical, geochemical and alteration attributes At Sobek Central, road construction to reach the Sobek 46 South target is in progress to facilitate [...]
Preparation for drilling is underway at two priority porphyry target areas that have been defined and supported by coincident geological, geophysical, geochemical and alteration attributes At Sobek North, to refine final drill collar positioning ground based electrical geophysics is being conducted at the Potro SE target located 3 km from NGEx´s Lunahuasi discovery At Sobek Central, road construction to facilitate [...]
Mirasol Resources Ltd. is pleased to announce the closing of the previously announced and upsized non-brokered private placement financing. The Company issued 11,335,132 Units at a price of $0.45 per Unit for aggregate gross proceeds of $5,100,809.40. . Each Unit is comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase [...]
Mirasol Resources Ltd. today announced that due to strong demand, it has increased its previously announced non-brokered private placement from 6,666,666 units to 11,111,111 units at a price of $0.45 per unit . The aggregate gross proceeds of the offering are expected to be up to $5 million instead of the originally announced $3 million. Mirasol's President and CEO, Tim Heenan, noted: "We are very encouraged by the strong [...]
In a release issued under the same headline today by Mirasol Resources Ltd. , please note that the number of units to be issued is 6,666,667, not 666,667 as previously stated. The clarification follows: Mirasol Resources Ltd. announces that further to the Company's news release of today's date, the Company wishes to correct the number of units to be issued in its non-brokered private placement financing. The number of [...]
Mirasol Resources Ltd. today announced it is arranging a non-brokered private placement financing of up to 666,667 Units at a price of $0.45 per Unit for aggregate gross proceeds of $3.0 million. Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase one additional common share at a price of $0.60 for a [...]
Two new porphyry target areas, have been defined and supported by coincident alteration, geophysics and geochemistry The size of the alteration and mineralization footprint suggests that the VN-Zone may represent a much larger porphyry system which extends for at least another 3km to the south A new copper porphyry target at El Potro prospect quickly advancing to drill ready stage The VN-Zone is located 7 km directly west [...]
Mirasol Resources Ltd. 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 at a price of $0.60 per Unit for aggregate gross proceeds of $2,332,531.20. . Each Unit is comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase one [...]
Mirasol Resources Ltd. today announced it is arranging a non-brokered private placement financing of up to 5,000,000 Units at a price of $0.60 per Unit for aggregate gross proceeds of $3.0 million. Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase one additional common share at a price of $0.80 for a [...]