Brief: Mirasol Signs Definitive Option Agreement For Its Virginia Silver Project In Argentina

Mirasol Resources

21/05/2020 11:13

May 21 (Reuters) - Mirasol Resources Ltd  MRZ.V :
    * MIRASOL SIGNS DEFINITIVE OPTION AGREEMENT FOR ITS VIRGINIA
SILVER PROJECT IN ARGENTINA
    * MIRASOL RESOURCES LTD - CO, GOLDEN OPPORTUNITY ARE SETTING
UP
EXPLORATION COMMITTEE TO FINALIZE EXPLORATION, DRILLING PROGRAMS
AT VIRGINIA OVER UPCOMING SEASON
    * MIRASOL RESOURCES LTD - EXPECTED THAT DRILLING WILL START
IN
LATE Q3 OR EARLY Q4
    * MIRASOL RESOURCES LTD - MIRASOL GRANTED GOLDEN OPPORTUNITY
OPTION TO ACQUIRE 100% OF PROJECT OVER 3 YEARS
    * MIRASOL RESOURCES LTD - UPON COMPLETION OF OPTION, GOLDEN
OPPORTUNITY WILL HAVE EARNED A 100% INTEREST IN PROJECT
    * MIRASOL RESOURCES LTD - AND MIRASOL WILL RETAIN A 3% NSR
ROYALTY, OF WHICH 1% CAN BE BOUGHT BACK BY GOLDEN OPPORTUNITY
FOR US$2M

Source text for Eikon:  ID:nCNWkTtvWa 
Further company coverage:  MRZ.V 

 (Reuters.Briefs@thomsonreuters.com)