Slide 1: Focused on Discovery – PDAC 2022 Corporate Presentation
FOCUSED ON DISCOVERY PDAC 2022 CORPORATE TSX-V: MRZ PRESENTATION Sobek Project, Chile OTCPK: MRZLF June 2022
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: Company Overview
Company Overview Leading exploration company Quality gold, silver and copper Well-funded exploration and with a track record of success exploration projects JV partnerships $60 million liquidity event in Focused on highly-prospective Pending drill and exploration 2012 from the discovery
Slide 4: Project Portfolio Overview
Project Portfolio Overview Atacama Puna Program Two Mirasol-funded projects Atacama Puna Region Seven partner-funded projects Inca Gold (Vania) Strong pipeline of early and mid-stage projects Sobek Exploration Partners • S Encantada SpA Self-funded Partner funded TSX-V: MRZ OTCPK: MRZLF Pipeline pro
Slide 5: Share Structure and Treasury
Share Structure and Treasury Shares Shares Fully Market Conservative Outstanding Diluted Capitalization Share Structure 54M 58M ~C$38M Cash Shares Well ~C$0.78M Funded ~C$6.6M 10.37M shares of Silver Sands Resources (CSE:SAND) at $0.075 Insiders Holding: 32% Cash position as at March 31, 2022 TSX-
Slide 6: Flagship Self-Funded & Active Projects
Flagship Self-Funded & Active Projects Atacama Puna Region Inca Gold - Vania Altazor San Juan Porphyry Sobek Copper Projects Self-funded Partner funded Pipeline project TSX-V: MRZ OTCPK: MRZLF 6
Slide 7: Flagship Project – Sobek - Copper/Gold/Silver, Chile
Flagship Project – Sobek - Copper/Gold/Silver, Chile Project Mio-Pliocene age mineral belt, northern Chile Overview 11,120 ha (up from 8,571 ha) Porphyry Copper / HSE Gold Project 7 km directly west of Filo del Sol Sobek N Ownership 100% owned Surface access agreements secured Sobek C Ex
Slide 8: Sobek – Exploration Program
Sobek – Exploration Program • High resolution 2,690 line-km helicopter- supported aeromagnetic survey completed by High-Sense Geophysics Limited in Chile Improved understanding of the structural architecture Defined multiple highly prospective geophysical magnetic targets Provided a strong bas
Slide 9: Sobek Central – Exploration Program
Sobek Central – Exploration Program Filo Del Sol The initial reconnaissance campaign confirmed presence of porphyry-type geology and alteration assemblages: • Prospective geological units hosting widespread areas of strong hydrothermal clay alteration. • Volcanic rock complex underlain and flanked b
Slide 10: Flagship Project – Altazor – Gold/Copper, Chile
Flagship Project – Altazor – Gold/Copper, Chile Project Mio-Pliocene age mineral belt, northern Chile Socaire Overview 33,300 ha (20kms north of our Coronacion Project - FQM) High sulfidation epithermal (HSE) gold + Cu-porphyry property 60 km via paved highway south from the village of Socai
Slide 11: Altazor – Exploration Targets
Altazor – Exploration Targets S Au N • 4 initial “test of concept” drill holes defined • Defined by geology-geochemistry-geophysics-ASD • 2 holes targeted for HSE potential • 2 on Cu-Au Porphyry targets. • Total drilling meters totals 2000m for the four targets. S Au N Cu/Au Cu-Au Porphyry S Cu/Au N
Slide 12: Pipeline Projects – San Juan Porphyry Copper Projects
Pipeline Projects – San Juan Porphyry Copper Projects Project San Juan Province, Argentina Overview Three separate properties representing 10,741 ha Atacama Puna All are Porphyry Copper prospects Generative South of Mirasol’s Osiris project (Chile) Region High profile projects nearby: in
Slide 13: TEFNUT – NEW Porphyry Copper Target
TEFNUT – NEW Porphyry Copper Target 1km Mo-25ppm Mo- Intense zone of early 42ppm quartz stockworking with QSP overprint Diorite porphyry, Early diorite porphyry with with quartz-sericite- strong quartz-magnetite pyrite alteration and veining & disseminated Copper rock-chip values D-B veining. chalco
Slide 14: Self-Funded Project – Inca Gold – Gold/Copper, Chile
Self-Funded Project – Inca Gold – Gold/Copper, Chile Project Located on the Paleocene belt of northern Chile Overview 16,300 ha - Elevation of 2,000 to 3,000m ASL Year-round access and lots of nearby infrastructure 100 km north of Copiapó and 17 km east of Inca del Oro community Ownership
Slide 15: Deep Sensing Geochemistry
Inca Gold – Exploration Program Vania Prospect Deep Sensing Geochemistry Compelling conceptual porphyry Au-Cu prospect delineated by multi-layered exploration data collected by Newmont prior to the option agreement with Mirasol (DSG) Score • The Vania prospect hosts a strong, central Au DSG Multi-
Slide 16: Partner-Funded Projects
Partner-Funded Projects Nord Partner: Encantada SpA Coronación Atacama Puna Target: Porphyry Copper + IS Epithermal Region Partner: First Quantum Objective: Discovery Drilling Target: Porphyry Copper Status: 1,200m completed / New quality Objective: Discovery Drilling untested drill targets defined
Slide 17: Partnered Project - Gorbea Belt – Gold/Copper/Silver, Chile
Partnered Project - Gorbea Belt – Gold/Copper/Silver, Chile Project Mio-Pliocene age mineral belt Overview High sulfidation epithermal (HSE) gold property 32,000 ha 70 km north of Salares Norte, Chile Partner Newcrest International Pty Ltd. (NCM) Option NCM exercised initial option in De
Slide 18: Flagship Project – Coronación - Copper/Gold, Chile
Flagship Project – Coronación - Copper/Gold, Chile Project Mio-Pliocene age mineral belt, northern Chile Overview 1,200 ha Porphyry Copper and HSE gold project 80 km E of Escondida and 240 km ESE from Antofagasta and 20kms south of the Altazor project. Partner First Quantum Minerals Option
Slide 19: Highlight Project – Virginia - Silver, Argentina
Highlight Project – Virginia - Silver, Argentina Project Santa Cruz, Argentina Overview 74,429 ha Low to Intermediate sulfidation epithermal (LSE/ISE) silver vein prospect 160 km north of Pan American Silver’s Manantial Espejo Mine MRZ –Silver Sands Virginia Project Partner Option with Sil
Slide 20: Virginia Project – Exploration Program
Virginia Project – Exploration Program A 12 hole, 1,362m Phase IV program recently completed to follow up on key prospective areas and to support an aggressive program next season. “Results pending” Highlights from Virginia Main Confirmed the potential for new well-mineralized structures to expand
Slide 21: Highlight Project – Libanesa – Gold/Silver, Argentina
Highlight Project – Libanesa – Gold/Silver, Argentina Project Santa Cruz, Argentina Overview 14,500 ha Low sulfidation epithermal gold/silver prospect Located at the NE margin of the Deseado Massif Partner Golden Arrow Resources Corp. Option Executed in October 2021 with a six-year term
Slide 22: Libanesa Project – Exploration Program
Libanesa Project – Exploration Program 1,716m maiden drill program focused on Cerro Redondo and Lagunita prospects “Results Pending” Cerro Redondo has a 1km sub-circular geomorphic feature, that hosts multiple gold-silver-lead anomalies inside and at its margins Cerro Plomo is the principal targ
Slide 23: Project Portfolio – Activities Summary
Project Portfolio – Activities Summary Sobek Detailed reconnaissance & sampling program completed Results Pending Inca Gold IP geophysical program on Vania prospect Results Pending Altazor 2,000m drill program expected (partner or self-funded) Libanesa 2,000m drill program completed Results Pending
Slide 24: Focused on Making The Next Discovery in Chile and Argentina
FOCUSED ON MAKING “THE NEXT DISCOVERY” in CHILE and ARGENTINA BY DEFINING AND DRILL TESTING MULTIPLE QUALITY EXPLORATION PROJECTS THROUGH SELF-FUNDED AND PARTNERED EXPLORATION TSX-V: MRZ OTCPK: MRZLF 24
Slide 25: TSX.V: MRZ OTCPK: MRZLF
TSX.V: MRZ OTCPK: MRZLF For Further Information: Tim Heenan, President Troy Shultz, VP Investor Relations Tel: (604) 602 9989 Email: contact@mirasolresources.com Website: www.mirasolresources.com TSX-V: MRZ OTCPK: MRZLF Sobek Project, Chile 25