Mirasol Signs Agreement for the Sale of the Sascha-Marcelina Projects in Argentina for US$1.5 Million Plus Royalty – The Canadian Business Journal

  • Minerals of persecution for the purchase of SASCHA-MARCELINA projects for a total consideration of ~ 1.5 million US dollars.
  • MiSol will retain 1.5% of the royalties of NSR. The criminal can redeem the first 0.75% for two years per 1.5 million dollars. USA, and the remaining 0.75% for three years for an additional 4 million US dollars.

Vancouver, British Colombia, September 30, 2025 (Globe Newswire) -Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: Urrlovf) (“Company” or “MiSol“) I am glad to report on the signing of the obligatory managers of the agreement (“Agreement“) Under which MiSol provides Andar Mining Pty Ltd (“Andara”) The exclusive right to acquire the rights to mineral rights in the framework of the 100% SASCHA project, located in the province of Santa -Krru, Argentina (Argentina (Argentina, located in the province of Santa -Krus.“Sasha”) Mirasol also agreed to appoint Andar to obtain his opportunity to buy an agreement on the project of Marcelina (“Marceline”) Sasha and Marselina are called Sascha-Marcelina projects together (“Sasha-Martzelina”) In accordance with the possibility of a purchase agreement, MiSol has the right to purchase an unrequited 100% share in three mineral concessions, including the Marcelina project.

Pursuit Minerals Ltd (ASX: PUR) (“The chase of minerals») Announced that he concluded an obligatory agreement on the acquisition of 100% issued joint -stock capital Andara Mining PTY LTD (ACN 689 558 932).

“The sale of our projects Sascha-Marcelina demonstrates our constant focus to open the value from our underestimated assets in our portfolio of projects in Argentina and Chile,” said MiSola President Tim Hinan. “Payment in the amount of 1.5 million dollars. The United States will strengthen our balance and contribute to our intelligence plans, while the remaining royal power guarantees that we are participating in the future success in Sascha-Marcelina.

Conditions of the Sascha-Marcelina project agreement

According to the terms of the agreement, MiSol provides Andar to forget the right to purchase SASCHA and assign the opportunity to acquire Marcelina for the overall consideration of $ 1,500,000, subject to November 30, 2025.

After the completion of the payments, andara mining will receive 100% percent in the SASCHA project and accept all the rights and obligations related to the possibility of buying an agreement on Marcelina with Minera Piuquenes SA (Procurer January 25, 2019) Mirasol will retain 1.5% NSR (clean return return), and mining andraa will have the right to the first refusal due to any potential sale and the right to redeem the first 0.75% of 1.5% Royalty within two years after the start of commercial production for $ 1,500,000, and right three years for three years. production.

The completion of the transaction is subject to completion or rejection of a number of conditions, precedent, precedent or until November 30, 2025.

Sascha-Marcelina Projects Review

Mirasol became the SASCHA project in 2003 to provide a 5-kilometer SASCHA VEN zone, which was partially checked for training from 2006 to 2009.

On January 23, 2019, MiSol signed an agreement on an option to purchase with Minera Piuquenes SA for 5700 Ga-Marcelins adjacent to Sascha, consolidating two properties. The agreement was later changed to extend the optional period.

In accordance with the amended agreement, MiSol can acquire 100% of Marceline's claims, making phased optional payments totaling 3.75 million dollars. USA (of which $ 250,000 was paid) and providing 1.5% of the NSR royalties. Cash payments for $ 106,250, 156,250 US dollars and $ 3.45 million. USA – December 1, 2025, 2026 and 2027, respectively.

After the consolidation, Sascha-Marcelina Mirasol completed the integrated interpretation of reconnaissance data on a district-scale mirasol, collected until 2009. AU-AG analyzes of anomalous rock system LSE Gold-Silver (Procurer January 25, 2019) The geological and geomorphic atmosphere of the Sclogrini in Marseilles and the associated silica and veins is similar to the atmosphere of the Cerro Negro mine, which is a high-quality, gold silver mines located about 100 km north of the Sascha-Marquille.

Mirasol completed additional surface exploration measures in the Sascha-Marcelina project, which included geological mapping, as well as a detailed stone chip and geochemical sample. This work determined a large mark located in the immediate vicinity of the claims of Marcelina, placed by an epitermal silica cap and a related veins with multiple mineralized trends.

Mirasol has passed a total of 40 linear KM studies of the IP geophysics studies completed in three main areas. Significant anomalies of specific resistance and specific resistance were determined, which indicates the possible presence of sulfides and silver bodies, which can represent zones of hydrothermal changes and mineralization at small depths (In the press release April 15, 2021)

The drilling program at 2814 m, completed in 2021, was focused on three priority targeted areas, and returned encouraging results. The drilling of the Pellegrini trend determined the wide zone of mineralization of gold and silver, reprinting the younger and zinc-painted basic metal impulse, which is interpreted to represent high-level expression in this large and well-developed epitermal system. Drilling on the Igloo and Estonia trends also returned a number of abnormal interceptions of gold and silver and improved the understanding of local geological conditions, therefore, providing assistance in the vector of higher levels at a depth and more permitted stratigraphic horizon in potential programs for subsequent training (in a more permitted stratigraphic horizon in potential programs for potential programs for subsequent training (depth and within the framework of a more permissible stratigraphic horizon in potential programs of subsequent training (in a more permitted stratigraphic horizon in potential programs of subsequent training (in the depths and within the more acceptable stratigraphic horizon in potential programs for subsequent training (and within the more permissible stratigraphic horizon in potential programs in potential programs subsequent training (Press release August 9, 2021)

About Mirasol Resources Ltd

Mirasol is a well-financial research company with more than 20 years of experience, permission and public relations in the rich mineral regions of Chile and Argentina. Currently, Mirasol is self-financing intelligence in the flagship project Sobek Cobper-Gold, located in the area of ​​the Medino-Zeologer-Serebra in the Vikunya in the north-east of Chile, continuing to promote a strong pipeline of high-performance projects of early and medium-level projects.

To receive additional information, contact:

Tim Hinan, President and General Director
or
Troy Schultz, Vice -President of Relations with Investors

Tel: +1 (604) 602-9989
E-mail: [email protected]
Web site: www.mirasolresources.com

Statements forward: Information in this issue of press releases contains rectilinear statements that are subject to a number of well-known and unknown risks, uncertainty and other factors that may lead to the fact that the actual results differ significantly from expected in our forecast statements. Factors that can cause such differences include: changes in the world markets of commodity markets, stock markets, costs and supply of materials related to mining, changes in the government and changes in the rules affecting the mining industry and politics related to pandemia, social and environmental issues. The advanced statements in this issue include applications regarding future intelligence programs, operation plans, geological interpretations, problems with minerals and mineral restoration processes. Although we believe that the expectations reflected in our forecast statements are reasonable, the results can vary, and we cannot guarantee future results, levels of activity, efficiency or achievement. Mirasol does not bear any obligations to update or revise any forecast statements, whether as a result of new information, future events or others, with the exception of cases, as it may be required by law.

Neither the collection of TSX Exchange, nor its provider of regulation services (how this term is determined in the TSX Venture Exchange policy) is responsible for the adequacy or accuracy of this release.


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