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Second Drill Hole at Potro SE Extends Polymetallic Mineralization at Mirasol’s Flagship Sobek Gold-Silver-Copper Project in the Vicuña District, Chile
Globenewswire·2025-06-16 10:30

Core Viewpoint - Mirasol Resources Ltd. has announced positive results from the second drill hole at the Potro SE target, indicating the extension of a mineralized hydrothermal breccia system containing gold, silver, zinc, lead, and indications of copper at the Sobek Copper-Gold Project in Chile [1][2]. Group 1: Drill Results - The second drill hole (PSE-DDH-002) confirmed the continuity of mineralization, showing a well-mineralized intermediate sulfidation system potentially linked to a deeper porphyry center [2][6]. - The second drill hole reached a depth of 918 meters, approximately 80 meters deeper than the first hole, and exhibited slightly higher grades over narrower widths [4][6]. - Significant intercepts included 0.90 meters at 15.02 g/t gold equivalent and 17.65 meters at 0.22 g/t gold equivalent, with high values of silver, lead, and zinc [5][7][10]. Group 2: Geological Context - The mineralized breccias are interpreted to be controlled by the Ventana Fault System, which is associated with high-grade discoveries at nearby Lunahuasi [2][6]. - The hydrothermal breccia system is hosted along the Ventana Fault, indicating a potentially larger mineralized system [10][12]. - Future drilling will focus on the southern extension of the Potro SE mineralization along the Ventana Fault, targeting areas with stronger mineralization signals [11][12]. Group 3: Project Background - The Sobek Project is strategically located within a mineral-rich geological environment, approximately 3 kilometers from significant discoveries such as the Filo del Sol deposit and NGEx's Lunahuasi [13][14]. - Mirasol has been actively exploring the Sobek Project since 2016, capitalizing on the favorable structural architecture of the region [13][22]. Group 4: Financial and Corporate Updates - Mirasol has terminated its option agreement on the Inca Copper-Gold Project, having fulfilled all exploration obligations [16]. - The company announced an increase in a shareholder loan to $3 million, which will be used for general working capital and to pay creditors [17][18].