Mirasol announces exploration results for Gorbea

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Newcrest’s drilling program completed 4,523m of exploration on the property, located in the Third Region, requiring an investment of US$ 8.6 million. The final hole in the program provided the best results: 129m @ 0.54g/t Au and 2.65g/t Ag, including 17m @ 1.4g/t Au and 2.08g/t Ag including 10m @ 2.09g/t Au and 3g/t Ag, and 3m @ 1.84g/t Au and 3.57g/t Ag. Mr. Norm Pitcher, Chairman and CEO of Mirasol, was disappointed that the exploration program terminated early, but at the same time he is optimistic about the agreement with Newcrest to extend the option to explore until January 2021, which will allow work to continue at Gorbea.

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