Northwire Canada EditionTuesday, August 25, 2026
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GOLD 4719.10 +0.5% SILVER 68.83 +0.3% COPPER 6.71 +1.6% OIL 80.86 −4.9% PALLADIUM 1339.25 −1.8% OTMC 0.600 +34.8% OPW 0.130 +4.0% HI 0.165 +10.0% VCU 1.33 +1.5% DLTA 0.175 −5.4% EMO 0.400 −1.2% GR 0.070 +0.0% MGG 0.400 +2.6% EVI 0.520 −5.5% AVL 9.43 +17.7% VCG 1.50 +9.5% TTS 2.26 −13.1% SCMI 1.90 +2.7% RIO 3.63 +6.5% PUMA 0.115 −11.5% TRR 0.350 −2.8% GOLD 4719.10 +0.5% SILVER 68.83 +0.3% COPPER 6.71 +1.6% OIL 80.86 −4.9% PALLADIUM 1339.25 −1.8% OTMC 0.600 +34.8% OPW 0.130 +4.0% HI 0.165 +10.0% VCU 1.33 +1.5% DLTA 0.175 −5.4% EMO 0.400 −1.2% GR 0.070 +0.0% MGG 0.400 +2.6% EVI 0.520 −5.5% AVL 9.43 +17.7% VCG 1.50 +9.5% TTS 2.26 −13.1% SCMI 1.90 +2.7% RIO 3.63 +6.5% PUMA 0.115 −11.5% TRR 0.350 −2.8%
Drill Results Neutral

Mirasol Provides Exploration Update on Sobek Copper-Gold Project in the Vicuna District, Chile

Mirasol monetizes non-core assets to fund modest Sobek exploration as drill results remain incremental.

By The Northwire Desk — AI Analysis Jun 22, 2026 · 07:00 MRZ · 0.35 Mirasol Resources Ltd.
Executive Summary
  • Mirasol Resources released an exploration update on June 22, 2026, covering the second drill hole at the 46 South target of its flagship Sobek Copper-Gold project in Chile's Vicuña District.
  • Hole S46-DDH-002 intersected low-grade but structurally controlled mineralization: 4.50 m @ 0.07 g/t Au, 223 ppm Cu; 3.00 m @ 0.14 g/t Au, 188 ppm Cu; and 3.72 m @ 0.16 g/t Au.
  • Management elevated the VN-Zone as a high-priority drill target following IP-PDP geophysics showing a strong resistivity contrast.
  • The Green Wall domain is being re-evaluated as a potential copper-rich system, with prior rock chips showing up to 14.7% Cu.
  • Future work will focus on follow-up drilling at VN-Zone and Green Wall to define structural and geochemical controls.
Material Impact
  • This is an exploration update, not an earnings release. It contains no new financial results, guidance changes, or financing announcements.
  • The intercepts are consistent with early-stage, structurally controlled mineralization in a district known for high-grade porphyry/epithermal systems. However, the grades remain sub-economic for near-term development.
  • The market has already priced in the lack of a major discovery, as evidenced by the stock's decline from the January high of $0.88 to the current $0.35 range. The news is Routine - Neutral.
MRZ · Price
Company Overview
  • Mirasol Resources Ltd. (TSX-V: MRZ) is a project generator focused on copper-gold-silver exploration in Chile and Argentina.
  • Flagship asset: Sobek Copper-Gold-Silver Project (11,140 ha, 100% owned) in the Vicuña District, Chile.
  • Other assets: Rosita (Chile, 80% earn-in with SQM), Sobek North, Rubi (optioned to San Lorenzo Gold), Virginia (optioned to Ampere Metals), Sascha-Marcelina (sold to Pursuit Minerals), Mendoza (sold to Argentina Metals), Nord (optioned to Eco Earth Elements).
  • Management: Led by President/CEO Tim Heenan (MAIG), with a board heavy on exploration and finance veterans.
Read the original news release →

More from Mirasol Resources Ltd.

Apr 23, 2026 · 07:00

Sobek Exploration Update Confirms System But Delivers Modest Grades; Asset Monetization Strategy Sustains Liquidity

Drill Results Mar 19, 2026 · 12:13

Mirasol nudges liquidity via Rubi asset sale LOI while keeping upside through NSR and carried interest

M&A / Property Mar 19, 2026 · 07:00

Mirasol Signs LOI for the Sale of the Rubi Copper Project for US$4 Million Plus 2% NSR Royalty

M&A / Property Jan 26, 2026 · 16:48

Mirasol enters deal to sell Cu projects in Argentina

M&A / Property Jan 26, 2026 · 07:00

Mirasol Sells Non-Core Mendoza Copper Projects for Modest Cash and Equity as It Awaits Sobek Drill Results

M&A / Property Jan 22, 2026 · 14:43

Mirasol Resources Finally Drills Marquee Sobek Target After Liquidity Overhaul

Drill Results