Mirasol Resources Ltd · TSXV:MRZ

Mirasol Resources — 121 Mining Investment London 2024

32 slides from Mirasol Resources's conference presentation, May 2024

  1. Slide 1: Focused on Discovery

    FOCUSED ON DISCOVERY TSX-V: MRZ 121 Mining Investment London Sobek Project, Chile OTC: MRZLF May 15-16, 2024

  2. 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

  3. 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

  4. Slide 4: Share Structure and Treasury

    Share Structure and Treasury Well-Funded Directors & Cash ~C$4.2 Million Management 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 Institutional Shares Outstanding 69.7M 15% Jupite

  5. 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

  6. 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 Chl/Arg Border. Belt Lobos La Peca Las Lajitas Copiapo Trans-Andean Pantanitos Candelaria • Looking for those NNW trans-Andean Suture Pacific

  7. 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 Lunahuasi Mirasol  Soquimich (SQM) Josemaria SQM/MRZ El Potro  Mogotes Syndicate Mineral Pty. Lundin Mining  Pan Am

  8. 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

  9. Slide 9: Sobek / SQM Rosita - Regional AirMag Survey

    Sobek / SQM Rosita - Regional AirMag Survey X X X X Strong alteration in new SQM Rosita package 9

  10. Slide 10: Sobek Central - Prospects

    Sobek Central - Prospects 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, it what appeared to be a very unde

  11. Slide 11: Sobek - Access Road to VN-Zone

    Sobek - 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 samples to 5.0g/t Au & 0.22% Cu  Road-cut channel TSX-V: MRZ sampling OTC: MRZLF complete with geochemical results p

  12. Slide 12: Sobek - Mobile MT Survey – Cluster of Oval MT-Targets

    Sobek - Mobile MT Survey – “Cluster” of Oval MT-Targets SB-DDH-001 SB-DDH-002 SBC-DDH- C SBC-DDH-D VN-Zone SBC-DDH-F North 1.37 g/t Au SBC-DDH-E SBC-DDH-A VN-Zone 5.0 & 4.5 g/t Au 0.22 % Cu Rock chip geochemistry Cu (ppm) SBC-DDH-B 30000 to 147000 10000 to 30000 2000 to 10000 350 to 2000 100 to 350

  13. Slide 13: Sobek - Priority Drill Target - VN Zone Cross Section

    Sobek - Priority Drill Target - VN Zone Cross Section Sobek Central – airborn Mobile MT geophysical survey responses with new drill target  Proposed drill hole SBC-DDH-A at the VN Zone TSX-V: MRZ OTC: MRZLF 13

  14. Slide 14: 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

  15. Slide 15: Sobek - VN Zone and South Extensions

    Sobek - VN Zone and South Extensions Airborne MT Sections & Local Geology L1610 L1630 L1700 L1610 L1680 L1700 0 km 0.5 TSX-V: MRZ OTC: MRZLF 15

  16. Slide 16: Sobek - VN Zone and South Extensions

    Sobek - VN Zone and South Extensions Airborne MT Sections & Local Geology/Geochemistry TSX-V: MRZ OTC: MRZLF 16

  17. Slide 17: Sobek - VN Zone Extension – Rosita and Sobek South

    Sobek - VN Zone Extension – Rosita and Sobek 46 South Magnetic Susceptibility – Soil/Rockchip Geochemistry TSX-V: MRZ OTC: MRZLF 17

  18. Slide 18: Sobek - VN Zone Extension – Rosita and Sobek 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 VN Zone Cu ppm // Au g/t 2200 // g/t 2200 // 5,03 3D Magnetic Susceptibility Tourmaline 5,03 Breccia Rosita

  19. Slide 19: Sobek - “El Nino” has been Active in the High Andes

    Sobek - “El Nino” has been Active in the High Andes This weather event resulted in the loss of at four weeks of prime exploration mid-season 19

  20. Slide 20: Sobek - “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 month earlier than last season. 20

  21. 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 mineralized sheeted vein zones  Detail geological and structural mapping  Geochemical sampling and alteration analysis  IP ground geophysics to refine targets (2 IP line

  22. Slide 22: Sobek North - Stream Sediment & Rockchip Anomalies

    Sobek North - Stream Sediment & Rockchip Anomalies Au/Ag Cpy Mo HSE NGEx NGEx NGEx Lunahuasi Lunahuasi Lunahuasi El Potro Zone El Potro Zone El Potro Zone Area of new high Area of new high Mining Property Area of new high grade rockchips grade rockchips SobekProperty grade rockchips CC Chile/Argenti

  23. Slide 23: Sobek North - Stream Sediment & Rockchip Anomalies

    Sobek North - Stream Sediment & Rockchip Anomalies CPY Mo Cu-Mo-Pb-Zn Au-Ag Au-Ag TSX-V: MRZ OTC: MRZLF 23

  24. Slide 24: Sobek North – El Potro Prospect - New Priority Targets

    Sobek North – El Potro Prospect - New Priority Targets 500m Section L2030  3km from NGEx discovery at Lunahuasi  13 km2 Mobile MT Survey flown  Select rock chip samples up to 4.3g/t Au and 25.9g/t Ag TSX-V: MRZ OTC: MRZLF 24

  25. Slide 25: Sobek North – El Potro Prospect

    Sobek North – El Potro Prospect Potro SE New Priority Target RTP Airborne Magnetic RTP Airborne Magnetic Cu Rockchips Cu Soil Anomaly Potro SE Potro SE Cu ppm // Mo ppm Requires further 17650 / 87 sampling / mapping TSX-V: MRZ OTC: MRZLF 25

  26. Slide 26: Sobek North – El Potro - New Potro SE Priority Target

    Sobek North – El Potro - New Potro SE Priority Target TSX-V: MRZ OTC: MRZLF 26

  27. Slide 27: Sobek North – El Potro – Exploration Activities

    Sobek North – El Potro – Exploration Activities 2022  Environmental clearance for Sobek North – “El Potro”  Existing road clean-up and new extension to East Zone  New road in “El Potro East” has cut interesting copper mineralized fractures/veinlets in strong clay altered rocks  Detail geological

  28. Slide 28: Extensive Project Portfolio - Pipeline of Opportunities

    Extensive Project Portfolio - Pipeline of Opportunities Altazor Atacama Puna Region Coronacion Atlas Sobek Titan Nord Inca Gold San Juan Porphyry Virginia Silver Copper Projects Deposit Tefnut Self-funded TSX-V: MRZ OTC: MRZLF Partner funded Pipeline project 28

  29. Slide 29: Appendix

    Appendix Sobek Project, Chile TSX-V: MRZ OTC: MRZLF 29

  30. Slide 30: Market Cap Growth – Impact of a Discovery

    Market Cap Growth – Impact of a Discovery Market Cap Increase After Discovery FIL: $2.7B Market Cap NGEx: $1.5B Discovery of Lunahuasi Discovery of high- grade feeder zone MRZ: $40M TSX-V: MRZ OTC: MRZLF 30

  31. Slide 31: Board of Directors Management Team

    Board of Directors Management Team Patrick Evans Tim Heenan Chairman of the Board President, CEO & Director  Appointed to the board in 2016  Over 30 years of exploration &  Over 20 years of senior operating experience in Central management experience in Diane Nicolson and South America various pu

  32. Slide 32: For Further Information

    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 TSX-V: MRZ OTC: MRZLF Sobek Project, Chile 32

Mirasol Resources — 121 Mining Investment London 2024 on 6ix