Mirasol Signs Joint Venture Option Agreement with Hochschild Mining

Mirasol Resources (TSXV:MRZ) has signed a binding letter agreement with Hochschild Mining (LSE:HOC) that gives Hochschild the right to acquire up to 70 percent of Mirasol’s Indra epithermal precious metals project in Chile.

Work has begun on the Indra project, with the initial program set to consist of geological mapping and surface rock and trench geochemical sampling. This will accompany a 2,100-line-kilometer ground magnetic survey and additional electric geophysical surveys to define drill targets at the project.

Stephen Nano, CEO of Mirasol, commented:

We are pleased to have completed the due diligence review and executed the agreement in such a short timeframe. The exploration program is already underway at the project and we look forward to reporting results as they become available.

Indra is an attractive, conceptual epithermal gold – silver target located at low altitude, nearby to existing mine infrastructure in the highly prospective Paleocene age mineral belt of northern Chile.

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