Newcrest partners with Mirasol in Chile

Vancouver-headquartered project generator Mirasol Resources has signed a binding letter agreement with Newcrest International, a wholly owned subsidiary of Newcrest Mining, for an option to farm-in on the Gorbea high-sulphidation epithermal (HSE) gold projects in Chile. “Newcrest is the ideal partner for our Gorbea projects. Subject to drill permitting, Newcrest will this year fund drill testing of two, large Mio-Pliocene belt HSE gold and silver projects at Gorbea and under a separate agreement, at the Altazor project in northern Chile,” Mirasol CEO Stephen Nano commented in a statement on Monday.