Slide 1: Focused on Discovery
FOCUSED ON DISCOVERY TSX-V: MRZ PDAC Update Sobek Project, Chile OTC: MRZLF March 2-5, 2025
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 Strategic land position in the high- with a track record of success exploration projects profile Vicuna District $60 million liquidity event in 2012 Focused on highly-prospective Extensive exploration un
Slide 4: Share Structure and Treasury
Share Structure and Treasury Funds on Hand Directors & Management Cash ~C$3.1 Million 26% ~81 Million Estimated cash position (end of quarter Dec 31/24) Shares Conservative Share Structure Institutional Shares Outstanding 81.1M 20% Jupiter Asset Mngt High Net Equinox Partners Shares Fully 88.7M Konw
Slide 5: Sobek - Targeting Metallogenic Gaps
Sobek - Targeting Metallogenic Gaps Sobek North MARICUNGA PERU 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 trending trans- Suture Pacifi
Slide 6: Sobek - Strategically Positioned in the Vicuña District
Sobek - Strategically Positioned in the Vicuña District Barrick Los Helados Surrounded by Titans NGEx Minerals BHP & Lundin Mining: Filo del Sol & Josemaria NGEx: Lunahuasi & Los Helados Mirasol Mirasol Sobek Lunahuasi Barrick North Josemaria MRZ/SQM El Potro Codelco Rosita Lundin Mining Fil
Slide 7: Vicuña District - Giant Copper-Gold District
Vicuña District - Giant Copper-Gold District Sobek & Rosita - located in the globally recognized Vicuña copper-gold district Los Helados Mio-Pliocene age mineral belt, northern Chile Porphyry Copper / HSE Gold Project Sobek Staked based on prospective local geology and North Lunahuasi struct
Slide 8: Sobek & SQM Rosita – Advancing Towards Discovery
Sobek & SQM Rosita – Advancing Towards Discovery Systematic & Thorough Exploration Initial 2,700km regional Heli-Air Mag survey of the district Property wide reconnaissance level prospecting Property wide stream sediment geochemical sampling +500km Airborne Heli-MT survey Detail grid-based
Slide 9: Sobek North - Drilling Potro SE Target
Sobek North - Drilling Potro SE Target First Phase of Drilling Sobek North Block - Potro SE Target RTP Airborne Magnetics El Potro Potro SE 0 1,000 meters 9
Slide 10: Sobek North - Coincident Stream Sediments
Sobek North - Coincident Stream Sediments Copper Gold/Silver Sobek North NGEX Sobek North NGEX LUNAHUASI LUNAHUASI SQM-Rosita SQM-Rosita Potro SE Potro SE FILO CORP FILO CORP FILO DEL SOL FILO DEL SOL Sobek Central Sobek Central Rosita 40 Rosita 40 Sobek 46 Sobek 46 Sobek South Sobek South Vectored
Slide 11: Sobek North - Potro SE - Geology and Surface Samples
Sobek North - Potro SE - Geology and Surface Samples Copper El Potro Dykes Au-Ag Cu-Mo-Pb-Zn Potro SE Moly Au-Ag 0 0.5 1 km Gold 4.3g/t Au 11
Slide 12: Potro SE - Cu-Mo Anomalies and Mag High Correlation
Potro SE - Cu-Mo Anomalies and Mag High Correlation RTP Airborne Magnetic RTP Airborne Magnetic Cu Rockchips Cu Soils El Potro SE El Potro SE Target Target New PDP Line Extension IP-PDP Section Line 53700 New PDP Line Extension IP-PDP Section Line 53700 Cu ppm // Mo ppm 17650 / 87 700 m New PDP Line
Slide 13: Sobek North - Potro SE Target
Sobek North - Potro SE Target RTP Air Magnetics, POTRO SE high 700m wide, cylindrical Magnetic Susceptibility depth slices residing mag response with intersecting below the strong coincident Cu-geochemical anomaly. structures, and strong Cu-Mo geochemical anomalies. 13
Slide 14: Sobek North - Potro SE Target
Sobek North - Potro SE Target ASV1 Air Magnetics, POTRO SE high 700m wide, cylindrical Magnetic Susceptibility depth slices residing mag response with intersecting below the strong coincident Cu-geochemical anomaly and a strong IP- structures, and strong Cu-Mo Chargeability residing at depth. ge
Slide 15: Potro SE - Maiden Drillhole: Au-Ag-Pb-Zn Mineralization
Potro SE - Maiden Drillhole: Au-Ag-Pb-Zn Mineralization Chargeability Magnetic Susceptibility Cu ppm Rockchips Chargeability Cross Section SE (mV/V) Depth Slice - 4800m asl >5000 Gold Eq 87 >10 500 - 5000 PSE-DDH-001 6-10 4.5-6 150 - 500 NW El Potro SE 75 - 150 3 -4.5 2–3 Target 25 - 75 <25 1.4 – 2
Slide 16: Potro SE - Follow-up Drilling to Target Magnetic Core
Potro SE - Follow-up Drilling to Target Magnetic Core Cu ppm SE Chargeability Magnetic Susceptibility Rockchips Chargeability Cross Section (mV/V) Depth Slice - 4800m asl >5000 >10 2nd drillhole 6-10 500 - 5000 4.5-6 150 - 500 NW El Potro SE 75 - 150 3 -4.5 2–3 Target 25 - 75 <25 1.4 – 2 <1.4 2nd dr
Slide 17: Potro SE - Mineralized Drillhole Intervals
Potro SE - Mineralized Drillhole Intervals HOLE_ID SAMPLE_ID DEPTH_FROM DEPTH_TO INTERVAL AuEq87 g/t Au g/t Ag g/t Zn_% Pb_% Cu_ppm Structure open with increasing PSE-DDH-001 MRD00030789 784.60 alteration/veining to 785.50 southeast 0.90 0.19 0.13 5 0.39 0.20 10 PSE-DDH-001 MRD00030790 785.50 786.50
Slide 18: Potro SE - Drilling Highlights
Potro SE - Drilling Highlights Confirming a Mineralized Hydrothermal System Structure open with increasing alteration/veining to southeast DDH-PSE-001: Hydrothermal Breccia ZoneZone of strong localized phyllic alteration with qtz/mgt veining, along road-cut. Select scree samples to 5.0g/t Au & 0.22%
Slide 19: Potro SE – Advancing Exploration: Key Highlights
Potro SE – Advancing Exploration: Key Highlights • Hydrothermal brecciaalteration/veining intersected at depth (~4,900m ASL) at the edge of a strong 3D magnetic anomaly, Structure open with increasing to southeast suggesting structural control on mineralization. Zone of strong localized phyllic alte
Slide 20: Potro SE Drill Core - Key Mineralized Intervals
Potro SE Drill Core - Key Mineralized Intervals 790.50m to 791.50m SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % MRD30797 0.586 174 0.106 0.001 0.733 1.75 MRD30797 0.586 174 0.106 0.001 0.733 1.75 MRD30797 - 790.50 to 791.50 m - Hydrothermal Polymictic Breccia wit
Slide 21: Potro SE Drill Core - Key Mineralized Intervals
Potro SE Drill Core - Key Mineralized Intervals 789.50m to 790.50m SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % MRD30795 1.505 88 0.028 0.001 0.979 2.23 MRD30795 1.505 88 0.028 0.001 0.979 2.23 MRD30795 – 789.50 to 790.50m Hydrothermal breccia with manganese – si
Slide 22: Potro SE Drill Core - Key Mineralized Intervals
Potro SE Drill Core - Key Mineralized Intervals 788.50m to 789.50m SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % SAMPLE Au g/t Ag g/t Cu % Mo % Pb % Zn % MRD30794 1.245 71 0.018 0.001 0.76 1.96 MRD30794 1.245 71 0.018 0.001 0.76 1.96 MRD30794 – 788.50 to 789.50 m Hydrothermal Breccia, polymictic with sub
Slide 23: Potro SE Drill Core - Key Mineralized Intervals
Potro SE Drill Core - Key Mineralized Intervals 787.50m to 788.50m SAMPLE Au g/t Ag g/t Cu % Pb % Zn % SAMPLE Au g/t Ag g/t Cu % Pb % Zn % MRD30792 0.333 21 0.007 0.449 1.275 MRD30792 0.333 21 0.007 0.449 1.275 MRD30792 – 787.50 to 788.50m - Hydrothermal Breccia, polymictic with fluidization texture
Slide 24: Sobek North - El Potro SE – Drilling In-Progress
Sobek North - El Potro SE – Drilling In-Progress Environmental clearance for Sobek North – “El Potro & Potro SE” Existing road clean-up and new access to Potro SE Detail geological mapping and sampling of the Cu- porphyry target at Potro East Geophysical IP survey at the Potro SE cylindrical mag
Slide 25: Sobek & SQM Rosita – Large Scale Porphyry Targets
Sobek & SQM Rosita – Large Scale Porphyry Targets 2nd Phase of Drilling Sobek Central – South VN Zone VN Zone 3D Magnetic Susceptibility Rosita 40 3 km Trend VN Zone Mapping Coverage East South VN Zone Extension Tronquitos Tourmaline Breccias Sobek 46 South 25
Slide 26: Sobek - Mobile MT Survey – Several High-Potential Targets
Sobek - Mobile MT Survey – Several High-Potential Targets MT 3D Block Model Au Rockchips High Vein Zone High Resistivity MT North Resistivity MT Response Response Vein Zone Au g/t //Cu g/t 5.03/2200 4.5/468 Rosita 40 East 2.82/1300 Cu g/t / Au g/t High 54000 /3.93 Resistivity Vein Zone South Conduct
Slide 27: Sobek - Access Road to the VN-Zone
Sobek - Access Road to the 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 Cu/Au mineralized “M” Veins along road-cut Anomalous Gold in Select Rock Sa
Slide 28: Sobek – VN-Zone South Extension
Sobek – VN-Zone South Extension Airborne MT Sections & Local Geology/Geochemistry VN Zone VN Zone Rosita 40 Alteration-Mineralization 700m South East halo around porphyry target 3 km Conductive MT-Anomaly Soil Grid In Process 28
Slide 29: Sobek - VN Zone Extension – Rosita and Sobek 46 South
Sobek - VN Zone Extension – Rosita and Sobek 46 South Coincident Magnetic Susceptibility – Soil/Rockchip Geochemistry Copper Gold Moly VN Zone VN Zone VN Zone VN Zone VN Zone VN Zone South South South Rosita 40 East Rosita 40 East Rosita 40 East 3D Magnetic Susceptibility 3D Magnetic Susceptibility
Slide 30: Sobek - VN Zone Extension – Rosita and Sobek South
Sobek - VN Zone Extension – Rosita and Sobek 46 South Magnetic Susceptibility - MT Conductivity - Phase 2 Drill Target 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 Sobek 46 2200 // 5,03 2200 // 5,03 3D Magnetic Susceptib
Slide 31: Sobek Central - Sobek 46 Target - Advancing to Drilling
Sobek Central - Sobek 46 Target - Advancing to Drilling 2022 Environmental clearance obtained for VN-Zone south extension into the Rosita and new Sobek 46 South claims Stream sediment sampling program & prospecting including Rosita and new Sobek 46 South claim blocks Detail geological and stru
Slide 32: Pipeline of Opportunities - Unlocking Value from Portfolio
Pipeline of Opportunities - Unlocking Value from Portfolio Atacama Puna Region Altazor Sobek Coronacion Nord San Juan Porphyry Virginia Silver Copper Projects Deposit Tefnut Claudia Project with AngloGold/Ashanti Copper Currently Drilling Gold Silver 32
Slide 33: Upcoming Catalysts - Potential Value Adding News Flow
Upcoming Catalysts - Potential Value Adding News Flow Exploration Season Oct’24 – Jun’25 Launched 24/25 Exploration Program Drill Sobek North - Potro SE target Drill Results from Potro SE Drill 2nd Hole at Potro SE Drill Results from Potro SE (~May) Drill Sobek Central - Sobek 46 target
Slide 34: 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 35: 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 35