Slide 1: Mirasol Resources: Focused on gold & silver discovery
L..-.-__, MIRASOL RESOURCES Focused on gold & silver discovery
Slide 2: Cautionary Statement
MIRASOL RESOURCES Focused on gold & silver discovery Cautionary Statement This presentation contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address future production, reserve potential, explor
Slide 3: Declining discovery rates create opportunity for project generators
...._______, MIRASOL RESOURCES Focused on gold & silver discovery - Disc 3-yr Avg Potential Prod ' - World Production - Exploration Budget" 90 $7,000 N 0 :§.. 80 $6,000 " · ;:: ~ 70 Global gold production"" 80 Moz/year i5 $5,000 ~ 60 z <::: i <::: 50 $4,000 Explorers finding< SO% of the developable
Slide 4: Mirasol Resources
L..-.-__, MIRASOL RESOURCES Focused on gold & silver discovery
Slide 5: Exploring for discovery without shareholder dilution
• ...._______, MIRASOL RESOURCES I Focused on gold & silver discovery Well funded CA $21.2 M Cash in Bank (February 2016) Aggressive 2016 exploration budget = CA $6.5 M Conservative capital structure • 44.2 million shares outstanding • 46.55 million fully diluted (2.35 million options) • Significant
Slide 6: Quality Management / Exploration Team
L.....--___, MIRASOL RESOURCES Focused on gold & silver discovery Board- strong finance & resource industry backgrounds Dana Stephen Tim John Nick Borden Prince Nano Heenan Tognetti De Mare Putnam Chairman Director Director Director Independent Independent Director Director Quality Management I Expl
Slide 7: Well funded with quality project bank and JV deals
c ...._______, MIRASOL RESOURCES Focused on gold & silver discovery Well funded from sale of previous generative discovery- CA$ 21.2 M in cash Quality Project Bank- 10 JV ready projects Delivering strong JV deals with precious metal producers • Stand alone giant discovery- Company makers • Near mine
Slide 8: Project generation model: building a pipeline of quality projects
• c ...._______, MIRASOL RESOURCES • Focused on gold & silver discovery Project Bank 1 Project Bank 2 ProjectBank3 Building a pipeline of quality new projects EXPLORATION PRODUCTION ROYALTY JOINT ± Leveraging strong JV's from existing VENTURE CARRIED INTEREST {/Project Bank" RESOURCE EXPLORATION DIS
Slide 9: Investing shareholder funds to build a project bank
...._______, MIRASOL RESOURCES Focused on gold & silver discovery oV). c <( u I Investing shareholder funds to build a project bank Leverage Project through JV's ....Q.l for drill testing s::: -e ~ 8 $6 30 > > Discovery from successful drill """'' ..... 25 ... IU a: campaigns 6 $4 ~ IU ... IU r::::
Slide 10: Mirasol Resources
L..-.-__, MIRASOL RESOURCES Focused on gold & silver discovery
Slide 11: Three focus regions within Atacama-Puna Generative Program
- ...._______, MIRASOL RESOURCES Focused on gold & silver discovery 10£/1//A Three focus regions within Atacama- Puna Generative Program • Northern Mio-Piiocene- Giant high sulphidation Gold-Silver & Giant NORTHERN porphyry Gold-Copper EXPLORATION • Southern Mio-Piiocene Belt- Giant porphyry Copper-
Slide 12: Atacama-Puna: Northern Mio-Pliocene Generative Region
Atacama- una : orthern io- liocene Generative egion MIRASOL RESOURCES Focused on gold & silver discovery \ Northern Mio-Piiocene Belt- targeting giant high sulphidation epithermal gold deposits NORTHERN M 10-PLIOCEN E GENERATIVE Seasonal exploration but large prize REGION New large gold-silver disco
Slide 13: Atacama-Puna: Paleocene Generative Region
Atacama- una : aleocene Generative egion MIRASOL RESOURCES Focused on gold & silver discovery Paleocene low altitude, good infrastructure, year round exploration Balances Mio-Piiocene seasonal exploration PALEOCENE GENERATIVE Targeting large epithermal precious metal REGION deposits • Yamana El Peno
Slide 14: Mirasol Resources
L..-.-__, MIRASOL RESOURCES Focused on gold & silver discovery
Slide 15: Mirasol Project Bank: Drill Ready Projects Chile & Argentina
MIRASOL RESOURCES ira sol roject ank- rill eady rojects Chile Argentina Focused on gold & silver discovery MIRASOL CHILE PROJEctrS MIRASOL GORBEA ( •••• • GOLD BELT JV ....__ 't" ( Large Drill Ready Portfolio -7 Focused on new JV deals ATLA~TOA rJI "____IV~~RTH ,. t TITAN f!'1\ \ ~1 ~-- ca.. H ~~ --
Slide 16: New Discoveries = Exploration opportunity
Characteristics of Recent Large High Sulphidation Epithermal Gold Discoveries MIRASOL RESOURCES Focused on gold & silver discovery " Principal " Salares Norte Mineral Resource: Breccia 3.1Moz gold and 33.6Moz silver g/t x meters • >500 Andesltlc Dome • >250 • >150 • >100 stivity 4,250m Level** istiv
Slide 17: Atlas Project: JV partner drilling targeting large oxide gold deposit
- • I • C I • ...._______, MIRASOL RESOURCES Focused on gold & silver discovery ..... Atlas Project: JV partner drilling in progress targeting El Guanaco ,.... ,,'. MIRASOL GORBEA f large oxide gold deposit GOLDBELTJV ~ ~ ATLAS• 1 TITAN W' ... ~ ~ .~· ~ \ 6 holes totalling 2,677 metres drilled to da
Slide 18: Previous Mirasol success in Santa Cruz
z, - • I ...._______, MIRASOL RESOURCES Focused on gold & silver discovery Atacama Puna ~San Jose 'U Hochschild Mining Previous Mirasol success in Santa Cruz ~5 Moz Au & 103 Moz Ag ~ Cerro Negro Go/dcorp • Discovery & sale of Joaquin Deposit 7.1 Moz Au & 62 Moz Ag • Discovery of Virginia Silver Depo
Slide 19: Claudia gold-silver Project and JV option terms
- MIRASOL RESOURCES Focused on gold & silver discovery Claudia gold-silver Project 5 separate drill ready prospects Adjoins Cerro Vanguardia mine (AngloGold- Ashanti I Formicruz) district total 8.6 Moz Au & 135 Moz Ag Cerro Vanguardia Claims Joint Venture option terms: Mirasol Claudia Claims 0 •Year
Slide 20: Mirasol Resources
L..-.-__, MIRASOL RESOURCES Focused on gold & silver discovery
Slide 21: Summary: track record, funding, JVs and project generation engine
...._______, MIRASOL RESOURCES Focused on gold & silver discovery Demonstrated track record -7 Discovery to liquidity event Conservative share structure 44.2 million issued shares -7 Managing our capital structure Well funded CAD $21.2 million -7 Exploring without share dilution New Claudia- Cerro V