Mirasol Resources Ltd · TSXV:MRZ
Mirasol Resources — Precious Metals Summit Beaver Creek 2023
36 slides from Mirasol Resources's conference presentation, September 2023
Slide 1: Focused on Discovery
FOCUSED ON DISCOVERY TSX-V: MRZ Precious Metals Summit Sobek Project, Chile OTC: MRZLF Beaver Creek September 2023
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 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 Drill campaigns at 2 Flagship from the discovery
Slide 4: Share Structure and Treasury
Share Structure and Treasury Well-Funded Cash ~C$8.2 Million Directors & Cash position as at end of quarter June 30, 2023 Management 30% Conservative Share Structure 65.6 Million Shares Shares Outstanding 65.6M Institutional 9% Shares Fully 73.0M Diluted Market ~C$44.6M Capitalization 4
Slide 5: Flagship Self-Funded & Active Projects
Flagship Self-Funded & Active Projects Atacama Puna Region Altazor Inca Gold - Vania Atlas Titan Sobek Nord San Juan Porphyry Copper Projects Tefnut Virginia Silver Deposit Self-funded Partner funded Pipeline project 5
Slide 6: Sobek – Targeting & Staking Rational (2016)
Sobek – Targeting & Staking Rational (2016) MARICUNGA Sobek North BELT Maricunga Belt Trans-Andean Suture Trans-Andean Suture Metallogenic Gap (Vicuña Belt) El Indio Belt Chile Argentina 6
Slide 7: Vicuña District - Giant Copper-Gold District
Vicuña District - Giant Copper-Gold District Sobek - located in the globally recognized Vicuña copper-gold district 3 km west of new Lunahuasi (fmr. Potro Cliffs) discovery by NGEx Minerals Sobek North Lunahuasi 7 km west of Filo del Sol with Josemaria to (fmr. Potro Cliffs) the east and Los H
Slide 8: Sobek - 2021/22 Maiden Exploration Campaign
Sobek - 2021/22 Maiden Exploration Campaign Early Airborne Magnetics: • Property wide High resolution 2,690 line-km helicopter-supported aeromagnetic survey completed by New-Sense Geophysics Ltd, Chile. Improved understanding of the local structural architecture Defined multiple highly prospecti
Slide 9: 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. TSX-V: MRZ OTC: MRZLF Recent Sampl
Slide 10: Sobek Central – 2022/23 Exploration Results
Sobek Central – 2022/23 Exploration Results High-grade Cu-mineralization – Green Wall Zone Expanding Soil Grid E Gypsum stockworks-CLP Zone S TSX-V: MRZ OTC: MRZLF 10
Slide 11: Sobek – Mobile MT Survey – Multiple Oval Shaped Targets
Sobek – Mobile MT Survey – Multiple Oval Shaped Targets SB-DDH-001 Maiden Drill Program Launched June 2023 SB-DDH-002 First 2 drill holes – total of ~940m SBC-DDH-C Drill hole 001 targeted beneath Sobek Central Breccia Zone – to a depth of 352m SBC-DDH-D Drill hole 002 targeted rim of Mobile M
Slide 12: Sobek – Mobile MT Survey – Cross Section
Sobek – Mobile MT Survey – Cross Section TSX-V: MRZ OTC: MRZLF 12
Slide 13: Sobek – Mobile MT Survey – Cross Section
Sobek – Mobile MT Survey – Cross Section TSX-V: MRZ OTC: MRZLF 13
Slide 14: Sobek – Mobile MT Survey – Cross Section
Sobek – Mobile MT Survey – Cross Section TSX-V: MRZ OTC: MRZLF 14
Slide 15: Sobek – Access Road to VN-Zone
Sobek – Access Road to VN-Zone 2022 VN-Zone DDH-02 2023 Central Breccia DDH-01 7 km access road for drill mobilization TSX-V: MRZ OTC: MRZLF 15
Slide 16: Sobek Central & North - Stream Sediment Anomalies
Sobek Central & North - Stream Sediment Anomalies (-80#) HSE El Potro Zone El Potro Zone El Potro Zone Area of new high Area of new high Area of new high grade rockchips grade rockchips grade rockchips TSX-V: MRZ OTC: MRZLF 16
Slide 17: Sobek North – El Potro - New Priority Targets
Sobek North – El Potro - New Priority Targets Sobek North (SE Corner) – El Potro - Oval Shaped MT Response Sobek North – El Potro Prospect 3km from NGEx discovery at Potro Cliffs Small 13 km2 Mobile MT Survey flown NGEx Lunahuasi Large oval MT Anomaly potential 3 km mineralized intrusive cente
Slide 18: Sobek - 2023/24 Maiden Drill Campaign Continues
Sobek - 2023/24 Maiden Drill Campaign Continues 2022 Project logistics/exploration continues at a fast pace: Strong relationship with local communities continues Trailer camp operational, low altitude, 2100m ASL, 40 minutes to center of project Complete access road to highest elevation of Sobe
Slide 19: Inca – Vania Prospect - Copper-Gold - Chile
Inca – Vania Prospect - Copper-Gold - Chile Vania South Inca Del Oro Cu-Au-Mo Deposit Cu-Porphyry IOCG Belt 20 km´s from Inca Del Oro to the Vania South prospect. Belt TSX-V: MRZ OTC: MRZLF 19
Slide 20: Inca Del Oro – Vania Topography/Landscape
Inca Inca- -Vania Vania Inca Del Oro – Vania Topography/Landscape Inca Del Oro Cu-Au-Mo Porphyry TSX-V: MRZ OTC: MRZLF 20
Slide 21: Vania – Concealed Targets - Alluvial/Colluvial Cover
Vania – Concealed Targets - Alluvial/Colluvial Cover Paleocene belt of northern Chile Large 16,300 ha property Earn-in option agreement with Newmont Porphyry Copper/IOCG/HSE Gold potential Lower elevation (2,000-3,000m ASL) Year-round access, mature close-by infrastructure Well-endowed
Slide 22: Vania South - Drill Ready
Vania South - Drill Ready Reprocessed Magnetic Data Identifies New Magnetic Prospects Vania North Vania North Vania North Vania East Vania East 3D Vertical Projection Vania South Vania South Vania South Original ground Mag data Reprocessed ground Mag data TSX-V: MRZ OTC: MRZLF 22
Slide 23: Vania South - Ground Mag Outline Copper Porphyry Target
Vania South - Ground Mag Outline Copper Porphyry Target Ground Magnetics Analytical Signal Ground Magnetics – Mag-Susceptibility Vania North Basement Block c) New Airborne MT Mag-RTP VANS-DDH-B showing mag-low in “Hanging Wall” VANS-DDH-A Vania East Vania South Body in 3D VANS-DDH-C Vania South a) G
Slide 24: Vania South - Drilling Geophysical Targets and Structures
Vania South - Drilling Geophysical Targets and Structures Apparent Conductivity D C 219 Hz Background F VANS-DDH-A A B Drilling Multiple Targets: 3D Resistivity Isosurfaces A - Conductive layer, possible A lithocap VANS-DDH-A B - High Magnetic Body C - Pique Seco Fault D - Quebrada Vasquez Fault E -
Slide 25: Vania South - Petrology - Quartz diorite porphyry
Vania South - Petrology - Quartz diorite porphyry (#22318) X • Rock chip samples, 600-800 ppm Cu and Au values of 0.4 and 0.9 g/t from weathered outcrop with jarosite and goethite fractures. Goethite to 5% after cubic pyrite (?) 1-2mm. • High-level porphyry intrusion with hornblende and some K-spar
Slide 26: Inca - 2022/23 Exploration & Drill Campaign
Inca - 2022/23 Exploration & Drill Campaign Exploration completed to date: IP geophysical surveys complete. (S-N) Expanded Soil (DSG) coverage and rock chip sampling complete Positive Petrology from local intrusives New IP on Vania East Complete Mobile-MT survey recently completed Drilli
Slide 27: Upcoming Catalysts
Upcoming Catalysts Mobile MT survey confirms Vania targets at Inca Currently drilling at Inca Sobek maiden drill program cut short Drilling resumes at Sobek Oct 2023 Incorporating new drill results into the existing 2016 Resource at Virginia Updated Resource for Virginia Deposit TSX-V: M
Slide 28: Appendix
Appendix Sobek Project, Chile TSX-V: MRZ OTC: MRZLF 28
Slide 29: 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 Virginia Silver 70 km south (SSE) of Newmont`s Cerro Negro Mine Deposit Exploration ~10,000 m of drilling completed du
Slide 30: Virginia Deposit – Conceptual 2016 Resource Pits
Virginia Deposit – Conceptual 2016 Resource Pits Eli North Martina North Eli Central Martina South 500 m Margarita TSX-V: MRZ OTC: MRZLF 11,927,000 3,062,000 30
Slide 31: Highlight Project - Virginia Deposit – Exploration
Highlight Project - Virginia Deposit – Exploration 10,000 m of new drilling PA-DDH-001: 2.95m @ 96 g/t Ag incl 0.35m @ 163 g/t Ag, & 1.45m @ 120 g/t Ag incl 0.5m @ 198 g/t Ag completed under option agreement Highlights from Virginia Main Confirmed the potential for new well-mineralized structures
Slide 32: Ely North and Ely Central Vein Trends Long Section
Ely North and Ely Central Vein Trends Long Section with Interpreted Composite Grade Shells (Ag cut-off grade 63 g/t) N Ely North Vein Ely Central Vein Ely South Vein Ag ppm EC-DDH-008 EC-DDH-011 EC-DDH-012 EC-DDH- VG-183 EC-DDH-010 100 EN-DDH-006 002 63 30 Ely North Resource Pit “South Body” Rock Ch
Slide 33: Martina Vein Trend Long Section
Martina Vein Trend Long Section with Interpreted Composite Grade Shells (Ag cut-off grade 63 g/t) N VG-122 MSE-DDH-004 VG-124 VG- VG- 089A MC-DDH- VG-121 VG- 094A MSE-DDH-003 VG-125 VG-123 119A 001A MNW-DDH-001 VG-093 VG-092 MNW-DDH- 006 MC-DDH-002 MSE-DDH-001 Ag ppm MNW-DDH-005A MNW-DDH- 100 MSE-DD
Slide 34: Margarita Vein Trend Long Section
Margarita Vein Trend Long Section with Interpreted Composite Grade Shells (Ag cut-off grade 63 g/t) N : 10 x 10 x 10m Blocks Mapped Vein Margarita Vein MR-DDH-002 Rock Chip Sample Ag ppm Northwest Southeast 100 Open Open 63 Target Target 30 MR-DDH- MR-DDH- MR-DDH-001 005 MR-DDH-003 004 MR-DDH- Planv
Slide 35: Board of Directors Management Team
Board of Directors Management Team Patrick Evans Tim Heenan Executive Chair President 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 public mining Director
Slide 36: 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 TSX-V: MRZ OTC: MRZLF Sobek Project, Chile 36
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