- Sobek located 7 km directly west of Filo Mining’s
Filo del Sol Project and 3 km from NGEx’s Lunahuasi discovery - Construction of access road to priority drill targets at Sobek Central and
Sobek North complete - Priority drill targets identified by Airborne Mobile MT survey with coincident geochemical anomalies and select high-grade surface samples
- Maiden 3,000-meter drill campaign scheduled to resume in early 2024
Sobek was staked by Mirasol in 2016 based on prospective local geology and attractive structural architecture prior to the 2021 discovery of the high-grade feeder zone at the Filo del Sol gold-copper deposit. The Project is located on the same trend and just 7 km to the east of the Filo del Sol deposit and only 3 km to the southeast of NGEx Mineral’s discovery at Lunahuasi (formerly Potro Cliffs).
Figure 1: High-Profile Vicuña Copper-Gold-Silver District Regional Map
“The Sobek project is located in the middle of the high-profile Vicuña Copper-Gold district in northeast
Sobek Central – Continuing the Maiden Drill Campaign
Exploration at Sobek is currently well underway with all permits and community access agreements in place. The completion of the new access road has substantially improved exploration crews’ access into the area to continue field evaluation at a much more detailed scale. Exploration activities currently underway include detailed geological and structural mapping, sampling, and alteration analysis along the new road cut where the prospective targets concealed by a thin layer of transported scree cover have been exposed. Electrical IP geophysical surveys to help detect alteration and/or mineralization within the rock units in the sub-surface environment are scheduled to start shortly at both the Sobek Central VN-Zone and the El Potro prospect at Sobek North.
The 500-line km airborne Mobile MT geophysical survey outlined a striking cluster of large oval-shaped anomalies, which are interpreted to represent deeply seated intrusive centers. The Airborne Mobile MT has high-definition depth penetration to greater than 800m depth below surface and has been proven effective in defining targets in high-sulfidation epithermal (HSE) and porphyry systems elsewhere in
The priority target at the Sobek Central VN-Zone is scheduled to be drill tested early in Q1 2024, following which the drill is expected to be moved to
Priority Drill Target – Sobek Central – VN-Zone
The VN-Zone was elevated as a high priority target late last season when high gold grades were recovered from prospecting, with results up to 5.0 g/t gold and 2,200 ppm copper sourced from select grab samples (news release dated
Figure 2: Sobek Central - Priority Drill Target at VN-Zone Mobile MT Geophysical Anomaly
A new occurrence of mineralized “M” veins (VN-Zone North) was exposed along the road cut enroute to the VN-Zone. The VN-Zone North is located approximately 1.4 km north-northeast of the VN-Zone and sits on the eastern edge of the northern-most Mobile MT anomaly. Samples collected from the road-cut exposure returned values of 1.37 g/t gold and 663 ppm copper, and 0.54 g/t gold and 411 ppm copper (news release dated
Priority Drill Target –
Figure 3: Sobek North - Compelling Drill Target at El Potro Zone Mobile MT Geophysical Anomaly
High-Profile Vicuña
Sobek is located within a prospective geological environment with a compelling north-northeast trending mineralized structural corridor crosscut by a north-northwest trending deep-seated trans-cordilleran lineament. This is a common structural configuration hosting several southern Andes metal deposits in both
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
About
Mirasol is a well-funded exploration company with 19 years of operating, permitting and community relations experience in the mineral rich regions of
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Email: contact@mirasolresources.com
Website: www.mirasolresources.com
Qualified Person Statement: Mirasol’s disclosure of technical and scientific information in this press release has been reviewed and approved by
Forward Looking Statements: The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry and to policies linked to pandemics, social and environmental related matters. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Mirasol disclaims any obligations to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable law.
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