Mirasol Begins Drilling High-Priority 46 South Target at Sobek in Chile’s Vicuña District

The latest update is out from Mirasol Resources ( (TSE:MRZ) ).

Mirasol Resources has commenced drilling at its 100%-owned Sobek copper-gold-silver project in Chile’s Vicuña District, targeting the 46 South zone located about 7 km west of the Filo del Sol deposit along a 3-km north–south corridor of alteration and mineralization. The drilling program is based on results from a recently completed Deep Vectoring IP and MT geophysical survey, which, together with prior IP, soil geochemistry and airborne magnetic data, has outlined a shallow high-sulphidation epithermal target starting around 200 metres below surface and potentially linked to a deeper intrusive or porphyry system; this maiden 1,000-metre drill hole aims to test the coincident resistive–chargeable architecture, key structural intersections and a strong underlying magnetic anomaly, underscoring Sobek’s potential to host a significant new mineralized system in a district already anchored by major discoveries.

The most recent analyst rating on (TSE:MRZ) stock is a Hold with a C$0.56 price target. To see the full list of analyst forecasts on Mirasol Resources stock, see the TSE:MRZ Stock Forecast page.

Spark’s Take on TSE:MRZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:MRZ is a Neutral.

Overall score is held down primarily by very weak financial performance (no current revenue, ongoing losses and cash burn, and negative equity with higher debt). Technicals are moderately supportive with price above major moving averages and positive MACD, while valuation is challenged by a negative P/E and no dividend support. Recent corporate actions (financing, asset monetization, and new exploration activity) provide a constructive offset but do not fully mitigate the financial risk.

To see Spark’s full report on TSE:MRZ stock, click here.

More about Mirasol Resources

Mirasol Resources is a mineral exploration company focused on copper, gold and silver projects, with a key asset cluster in Chile’s Vicuña District, a highly prospective Andean belt that also hosts major deposits such as Filo del Sol and Lunahuasi. The company’s strategy centers on advancing 100%-owned exploration targets using modern geophysical and geochemical techniques to identify large-scale mineralized systems in proximity to established discoveries.

Average Trading Volume: 57,934

Technical Sentiment Signal: Hold

Current Market Cap: C$49.58M

For an in-depth examination of MRZ stock, go to TipRanks’ Overview page.