Drill Results
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.

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.
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Apr 23, 2026 · 07:00