Key facts
| Company | Mirasol Resources Ltd. (TSXV: MRZ) |
|---|---|
| Location | Argentina |
| Stage | Resource definition |
Mineral resource estimates
2 reported estimates, newest first. Categories are as disclosed by Mirasol Resources Ltd.; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|
| IndicatedNI 43-101 | 1.2 Mt | 310.0 g/t | 11.93 Moz | Oct 24, 2014 |
| InferredNI 43-101 | 460 kt | 207.0 g/t | 3.06 Moz | Oct 24, 2014 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
News releases8 on file
Mirasol Signs Definitive Agreement for the Sale of the Virginia Silver Project and Landholdings in Argentina for US$8 Million Plus 2% NSR Royalty
A definitive agreement has been signed with Ampere Metals Pty. Ltd. for the sale of the Virginia Silver Project and landholdings in Santa Cruz Province, Argentina, for total cash consideration of US$8.0 million over seven years of scheduled payments, structured as a US$4 million option for 51% over 3.5 years and a further US$4 million option for the remaining 49%. Mirasol retains a 2% NSR royalty,
AcquisitionMirasol Signs MOU for the Sale of the Virginia Silver Project and Landholdings in Argentina for US$8 Million Plus 2% NSR Royalty
A memorandum of understanding grants Ampere Metals Pty. Ltd. an exclusive right to enter a definitive agreement to acquire Mirasol's 100%-owned Virginia Silver Project in Santa Cruz Province, Argentina, for US$8 million: US$5 million for about 68,000 hectares of mineral rights and US$3 million for about 37,000 hectares of landholdings and infrastructure, paid over five years across three milestone
AcquisitionMirasol Increases Virginia Silver Resource in Argentina
An updated mineral resource estimate for the 100%-owned Virginia Silver Deposit in Santa Cruz Province, Argentina raises contained silver 30% to 20 million ounces, comprising an Indicated Resource of 11.7 million ounces at 357 g/t silver and an Inferred Resource of 7.9 million ounces at 184 g/t, using US$25 per ounce silver and a 65 g/t cut-off, effective October 30, 2023. Including the Halo/Undef
Resource updateMirasol Regains 100% Interest in the High-Grade Virginia Silver Deposit, Argentina, following Termination of Option Agreement
Mirasol has regained an unencumbered 100% interest in the Virginia Silver Deposit in Santa Cruz Province, Argentina, after termination of its option to purchase agreement with Silver Sands Resources Corp. Silver Sands funded more than US$3.4 million in exploration across four drill phases, including over 10,250 metres of diamond drilling, 2,300 metres of trenching and 190 kilometres of IP geophysi
AcquisitionMirasol Continues to Report Encouraging Results from Phase IV Drill Program at the Virginia Project, Argentina - High-grade Intercepts Extend Mineralization Beyond the Existing Silver Resource
Results from a 12-hole, 1,362-metre Phase IV diamond drill program at the Virginia Silver Project in Santa Cruz province, Argentina included 4.85 m at 720 g/t silver, with 0.30 m at 1,775 g/t silver, in Margarita hole MR-DDH-004, 11.95 m at 124 g/t silver at Ely Central and 5.65 m at 144 g/t silver at Ely North. The program is funded by Silver Sands Resources under an option agreement leaving Mira
Drill resultsMirasol Announces Receipt of Common Shares of Silver Sands Resources Corp. and Now Holds 12.9%
Mirasol Resources was issued 3,827,462 common shares of Silver Sands Resources Corp. on May 20, 2022, representing 5% of Silver Sands' issued and outstanding share capital, as partial consideration under a May 20, 2020 mineral option agreement covering the Virginia Property in Santa Cruz province, Argentina. Mirasol now holds 10,377,943 shares, or approximately 12.9% undiluted and 10.3% fully dilu
NewsMirasol Announces Start of Phase IV Drill Program at Virginia Silver Project, Argentina
Phase IV diamond drilling has begun at the Virginia Silver Project in Santa Cruz province, Argentina, comprising 14 holes for 1,500m, adding to the 8,867m already completed under the partnership with Silver Sands Resources, which funds the program under an option-to-purchase agreement. Holes will target Ely Central and Ely North, Margarita — where Phase III hole MR-DDH-003 returned 2.65m at 1,456
Drill resultsMirasol Holds 8.6% Interest in Silver Sands Resources Corp.
Mirasol's interest in Silver Sands Resources Corp. has fallen below 10% following Silver Sands' non-brokered unit private placement, in which Mirasol did not participate. Mirasol holds 6,550,481 Silver Sands common shares, representing approximately 8.6% of the increased 76,549,249 shares outstanding, down from about 10.4%. The shares were issued under a May 20, 2020 option agreement granting Silv
News