High Grade Silver-Gold-Lead At Cerro Plomo

VANCOUVER, BC - Mirasol Resources Ltd. reported broad intervals of silver-gold-lead mineralization from channel sampling of the Cerro Plomo prospect at its 100%-owned Libanesa Project, Santa Cruz Province, Argentina.
At Cerro Plomo, a 50 by 50 metre exposure of hydrothermal breccias and fracture veining crops out at the edge of a salt pan. Mirasol completed one hundred and thirty meters of backhoe trenches and outcrop channel sampling which partially tested the southern extent of the mineralized outcrop at the edge of the salt pan.
Trenching extended the area of outcropping breccia and showed that while the breccia is closed off in the trenches, it is surrounded by a zone of jarosite (iron oxide) fracture veining in the wall rock that remains open to the south. The trenches carry anomalous values over their full lengths due to the fracture veining. Length-weighted average results for the full length of the trenches include 27.7 metres of 14.5 g/t silver, 0.45 g/t gold and 0.84% lead; 13.35 metres of 52.0 g/t silver, 0.74 g/t gold and 0.85% lead, and 9.65 metres of 151.6 g/t silver, 0.53 g/t gold and 2.13% lead.
Twenty-three select samples of the breccias' matrix and fracture veins from the Cerro Plomo zone averaged 325 g/t silver, 0.59 g/t gold and 3.54% lead, with individual samples up to 2830 g/t silver, 2.21 g/t gold and 48.45% lead. This suggests the potential for bonanza grade mineralization where the breccias' matrix and veining become volumetrically more significant.
The company's address is Suite 1510, 789 West Pender Street, Vancouver, BC V6C 1H2, (604) 602-9989, fax: (604) 609-9946, email: [email protected].