Mirasol’s focus in Chile is to secure a portfolio of high quality gold, silver and copper projects in the Northern Andes of Chile, one of the world’s most prolific copper-gold provinces.
This part of the Andean porphyry/epithermal belt hosts many of the world’s largest Au-Cu porphyry deposits (Marte-Lobo, Refugio and Cerro Casale). High sulphidation epithermal Au-Ag (El Indio, Pascua-Lama, Veladero and La Coipa) and giant porphyry copper deposits such as El Salvador, Chuquicamata, La Escondida and Collahuasi.
Age dating indicates that three major north-south orientated belts focus this mineralization during different stages of the Tertiary geological time period.
Mirasol’s strategy is to target along crustal scale fault systems that transverse the north south orientated Tertiary aged mineral belts. This targeting leverages off Mirasol’s proprietary database and over 40 years of combined exploration experience in the Andean region.
An early outcome and success of this strategy was the staking of the 100%-owned Rubi Cu-Au porphyry target , which hosts outcropping mineralization in lithocap, located 25 km southwest of Codelco Chile’s El Salvador Cu-Au porphyry mine and 20 km west of Codelco’s Potrerillos smelter.
Mirasol intends to expand its Chilean project holdings during 2010 through further follow-up of its targets and through joint ventures.