Mirasol Resources Ltd · TSXV:MRZ
Mirasol Resources — Shareholder Meeting (June 2024)
31 slides from Mirasol Resources's shareholder meeting presentation, Jun 11, 2024
Slide 1: Focused on Discovery - Annual General Meeting
FOCUSED ON DISCOVERY TSX-V: MRZ Annual General Meeting Sobek Project, Chile OTC: MRZLF June 11, 2024
Slide 2: Cautionary Statement
MIRASOL RESOURCES Cautionary Statement This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical fact, that address future operations, resource potential, exploration drilling, exploitation
Slide 3: Mirasol - Key Highlights
Mirasol - Key Highlights Leading exploration company Quality copper, gold and silver Well-funded exploration and JV with a track record of success exploration projects partnerships $60 million liquidity event in 2012 Focused on highly-prospective Extensive exploration underway: from the
Slide 4: Share Structure and Treasury
Share Structure and Treasury Well-Funded Directors & Management Cash ~C$4.2 Million 30% ~70 Million Estimated cash position (end of quarter Dec 31, 2023 – Adj. for est. expenses & proceeds of Financing April 23/24) Shares Conservative Share Structure Shares Institutional 69.7M Outstanding 15% Jupite
Slide 5: Flagship - Self-Funded & Active Project - Sobek
Flagship - Self-Funded & Active Project - Sobek Atacama Puna Region Sobek Self-funded Partner funded Pipeline project 5
Slide 6: Sobek - Targeting & Staking Rationale (2016)
Sobek - Targeting & Staking Rational (2016) Sobek North MARICUNGA BELT Caldera Mirasol´s Project Generation Initiatives in Maricunga Marte the Andes along the Chile/Arg Border. Belt Lobos La Peca Las Lajitas Copiapo Trans-Andean Pantanitos Candelaria • Looking for those NNW trans-Andean Suture Pacif
Slide 7: Sobek - Strategically Positioned in the Vicuña District
Sobek – Strategically Positioned in the Vicuña District NGEX Josemaria - Lunahuasi - Los Helados Barrick Los Helados NGEx Minerals Filo Mining - Filo del Sol Barrick Codelco Mirasol Lunahuasi Mirasol Sobek Soquimich (SQM) North Josemaria MRZ/SQM El Potro Mogotes Syndicate Mineral Pty. Ro
Slide 8: Vicuña District - Giant Copper-Gold District
Vicuña District - Giant Copper-Gold District Sobek & Rosita - located in the globally recognized Los Helados Vicuña copper-gold district Mio-Pliocene age mineral belt, northern Chile 3 km west of new Lunahuasi discovery (fmr. Potro Cliffs) by NGEx Minerals Sobek North Lunahuasi MRZ/SQM 3 km
Slide 9: Sobek / SQM Rosita - Regional AirMag Survey
Sobek / SQM Rosita - Regional AirMag Survey X X X X X X X X X X X X X Strong alteration in new SQM Rosita package 9
Slide 10: Sobek - El Nino has been Active in the High Andes
Sobek - “El Nino” has been Active in the High Andes Out of season snowfalls… Access road wash outs… Engorged drainages…… This weather event resulted in the loss of four weeks of prime exploration during mid-season 10
Slide 11: El Nino brings an early winter to the High Andes
Sobek - “El Nino” brings an early winter to the High Andes The exploration season in the Vicuña district abruptly came to a halt after several days of continuous heavy snowfall. Almost 2 months earlier than last season. 11
Slide 12: Sobek Central - Prospects
Sobek Central - Prospects VN-Zone Lunahuasi Filo Del Sol Sobek Central – Looking NE Sobek Central - Looking to SE Original Anomalous Gold in Select Rock Samples from the VN Zone The initial reconnaissance campaigns confirmed the presence of interesting mineralization and alteration, in what appeared
Slide 13: Sobek - New Access Road to VN-Zone
Sobek - New Access Road to VN-Zone Structure open with increasing alteration/veining to southeast Zone of strong localized phyllic alteration with qtz/mgt veining, along road-cut. Select scree samples to 5.0g/t Au & 0.22% Cu Electrical IP Pole-DiPole Geophysical survey to continue at VN-Zone to So
Slide 14: Sobek - Mobile MT Survey - Cluster of Oval MT-Targets
Sobek - Mobile MT Survey – “Cluster” of Oval MT-Targets SB-DDH-001 SB-DDH-002 VN-Zone North 1.37 g/t Au VN-Zone 5.0 & 4.5 g/t Au 0.22 % Cu Rock chip geochemistry Cu (ppm) 30000 to 147000 10000 to 30000 2000 to 10000 350 to 2000 100 to 350 20 to 100 0 to 100 Additional larger and stronger MT target t
Slide 15: Sobek - Priority Drill Target - VN Zone Cross Section
Sobek - Priority Drill Target - VN Zone Cross Section MT-Anomaly #02 Sobek Central – airborn Mobile MT geophysical survey responses with proposed drill target Original proposed drill hole SBC-DDH-A at the VN Zone 15
Slide 16: Sobek - VN Zone Cross Section - Underlying IP Geophysics
Sobek - VN Zone Cross Section– Underlying IP Geophysics VN Zone L 50,000N Resistivity Maricunga Veins 100m NE (Qtz-Mgt + Au) SW 350m Au g/t //Cu g/t 5.03/2200 4.5/468 2.82/1300 +30k Ohm-m ? 3D Magnetic Susceptibility L 50,000N Chargeability NE SW 300m Mirasol Inhouse IP - Electrical Geophysical line
Slide 17: Sobek - VN Zone and South Extensions
Sobek - VN Zone and South Extensions Airborne MT Sections & Local Geology Sobek Central L1610 L1680 L1700 Rosita L1610 L1680 L1700 0 km 0.5 17
Slide 18: Sobek - VN Zone and South Extensions
Sobek - VN Zone and South Extensions Airborne MT Sections & Local Geology/Geochemistry 700m 3 km Soil Grid In Process 18
Slide 19: Sobek - VN Zone Extension - Rosita and Sobek 46-S
Sobek - VN Zone Extension – Rosita and Sobek 46-S Magnetic Susceptibility – Soil/Rockchip Geochemistry 3D Magnetic Susceptibility 3D Magnetic Susceptibility Laguna 3D Brava Magnetic Susceptibility Sobek 46 Sobek 46 Sobek 46 South South South 19
Slide 20: Sobek - VN Zone Extension - Rosita and Sobek 46 South
Sobek - VN Zone Extension – Rosita and Sobek 46 South Magnetic Susceptibility – MT Conductivity Sobek Sobek Central Plan View Sobek 46 South & Rosita Section View Central VN Zone Cu ppm // Au g/t VN Zone Cu ppm // Au g/t 2200 // 5,03 2200 // 5,03 3D Magnetic Susceptibility Tourmaline Breccia Rosita
Slide 21: Sobek Central - Progress of Exploration
Sobek Central – Progress of Exploration 2022 Completed access road to the VN-Zone Road-cut has served as a trench to expose alteration & mineralized sheeted vein zones Detail geological and structural mapping Environmental clearance obtained to continue road through Rosita and onto the new S
Slide 22: Sobek North - Stream Sediments & El Potro Targets
Sobek North - Stream Sediments & El Potro Targets Cu Mo Au/Ag NGEX NGEX NGEX Sobek North LUNAHUASI Sobek North LUNAHUASI Sobek North LUNAHUASI SQM-Rosita SQM-Rosita SQM-Rosita Potro SE Potro SE Potro SE FILO CORP FILO CORP FILO CORP FILO DEL SOL FILO DEL SOL FILO DEL SOL Sobek Central Sobek Central
Slide 23: Sobek North - El Potro - Geology and Air Mag Anomalies
Sobek North – El Potro – Geology and Air Mag Anomalies CPY Mo Cu-Mo-Pb-Zn Au-Ag Au-Ag 23
Slide 24: Sobek North - El Potro Prospect - New Priority Target
Sobek North – El Potro Prospect - New Priority Target 500m Section L2030 New Potro SE porphyry target 3km from NGEx discovery at Lunahuasi Coincident mag & soil/rock geochem Small area of 13 km2 Mobile MT Survey flown anomaly with a good structural Select rock chip samples up to 4.3g/t Au and
Slide 25: Sobek North - El Potro - New Potro SE Target
Sobek North – El Potro - New Potro SE Target 250m 500m Sobek Mag3D – 4800 asl Image 25
Slide 26: Sobek North - New Potro SE Priority Target
Sobek North – New Potro SE Priority Target Airborne Magnetic and Rockchip / Soil Anomalies RTP Airborne Magnetic RTP Airborne Magnetic Cu Rockchips Cu Soil Anomaly Potro SE Potro SE Cu ppm // Mo ppm Requires further Completed IP line 17650 / 87 sampling / mapping Completion of the remaining IP lines
Slide 27: Sobek North - El Potro - Exploration Activities
Sobek North – El Potro – Exploration Activities 2022 Environmental clearance for Sobek North – “El Potro & SE” Existing road clean-up and new access to El Potro New access road in up into “El Potro” has cut interesting copper mineralized fractures/veinlets in strong clay altered granitic intrusiv
Slide 28: Pipeline of Opportunities - Extracting Value from Portfolio
Pipeline of Opportunities - Extracting Value from Portfolio Altazor Atacama Puna Region Coronacion Atlas Sobek Titan Nord Inca Gold San Juan Porphyry Virginia Silver Copper Projects Deposit Tefnut Self-funded Partner funded Pipeline project 28
Slide 29: Questions
Questions Sobek Project, Chile 29
Slide 30: Board of Directors Management Team
Board of Directors Management Team Tim Heenan President, CEO & Director Over 30 years of exploration & operating experience in Central Nick DeMare Diane Nicolson and South America Director Director Involved in several high-profile Chartered Professional Accountant B.Sc. in Geology and a PhD
Slide 31: TSX.V: MRZ OTC: MRZLF
TSX.V: MRZ OTC: MRZLF For Further Information: Tim Heenan, President Troy Shultz, VP Investor Relations Tel: (604) 602 9989 Email: troy.shultz@mirasolresources.com Website: mirasolresources.com Sobek Project, Chile 31