Espejo Project Geophysical Program Completed

VANCOUVER - Mirasol Resources Ltd. reported that it has enhanced its 100% owned Espejo project and defined multiple drill targets adjacent to the Pan American Silver Corp.'s Manantial Espejo silver-gold mine, presently under development in Santa Cruz Province, southern Argentina. Mirasol's Espejo property is located on the projected trend which hosts Coeur's bonanza-grade Martha silver mine and the Pan American project.
The Espejo project's targets are epithermal silver-gold vein mineralization under shallow cover, just seven kilometers along strike from the Manantial Espejo mine project.
Mirasol's in-house geophysical and geological teams recently completed an extensive program of high resolution ground magnetics, gradient array IP/resistivity geophysics, and geological mapping over a prospective section of the Espejo claims where Jurassic volcanic host rocks appear in small windows through gravel cover.
Detailed interpretation of the resultant magnetic images has allowed Mirasol's geologists to confirm that key vein-controlling structures from the mine corridor continue into the gravel covered target area of the Espejo claims. Integrated interpretation of the geophysical and geological data highlighted nine high priority drill targets in promising structural settings, with IP/Resistivity signatures that may indicate covered epithermal vein and/or sulphide mineralization. These targets can be cost effectively tested with fences of shallow reverse circulation drill holes.
The company's address is Suite 1510 - 789 West Pender Street, Vancouver, BC V6C 1H2, (604) 602-9989, fax: (604) 609-9946, [email protected].