Mirasol Resources Ltd · TSXV:MRZ
Mirasol Resources — Sobek Inca Vania Webinar (July 2023)
40 slides from Mirasol Resources's conference presentation, July 2023
Slide 1: Focused on Discovery: Exploration Update
FOCUSED ON DISCOVERY TSX-V: MRZ Exploration Update Sobek Project, Chile OTC: MRZLF July 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 Currently active drill campaigns at from the disc
Slide 4: Share Structure and Treasury
Share Structure and Treasury Well-Funded Cash ~C$10 Million Directors & Cash position as at end of quarter March 31, 2023 & proceeds from financing closed June 6, 2023 Management 30% Conservative Share Structure 65.6 Million Shares Shares Outstanding 65.6M Institutional 9% Shares Fully 73.0M Diluted
Slide 5: Flagship Self-Funded & Pipeline of Projects
Flagship Self-Funded & Pipeline of Projects Atacama Puna Altazor & Region Coronacion Inca Gold - Vania Titan-Atlas Sobek Nord San Juan Porphyry Copper Projects Virginia Silver Deposit Tefnut Self-funded Partner funded Pipeline project 5
Slide 6: Sobek – Targeting & Staking Rational (2016)
Sobek – Targeting & Staking Rational (2016) MARICUNGA Sobek North BELT Trans-Andean Suture Trans-Andean Suture Sobek Sur (2016) 6
Slide 7: Vicuña District - Giant Copper-Gold District
Vicuña District - Giant Copper-Gold District Located in the globally recognized Vicuña copper-gold district 5 km west of new Lunahuasi (X-PotroCliffs) discovery by NGEx Minerals Sobek North Potro Cliffs 7 km west of Filo del Sol with Josemaria to “Lunahuasi” the east and Los Helados to the nor
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 Property – Vicuña District Players
Sobek Property – Vicuña District Players 2022 NGEX Josemaria – Lunahuasi - Los Helados Filo Mining - Filo del Sol Los Helados Barrick Codelco Mirasol Soquimich El Potro Zone Potro Cliffs “Lunahuasi” Josemaria Mogotes Syndicate Mineral Pty. 2023 Pan American Silver – Las Flechas (X-Yama
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. TSX-V: MRZ OTC: MRZLF Recent Sampl
Slide 11: 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 11
Slide 12: Sobek – Mobile MT Survey Complete – Multiple Targets
Sobek – Mobile MT Survey Complete – Multiple Targets 2022 2023 500 km helicopter-supported Aerial Mobile MT Survey completed TSX-V: MRZ OTC: MRZLF
Slide 13: Sobek Central – Mobile-MT Responses
Sobek Central – Mobile-MT Responses Sobek Central – Oval Shaped MT Responses SB-DDH-001 Central Breccia Maiden Drill Program Launched June 2023 First 2 drill holes – total of ~940m SB-DDH-002 VN-Zone Drill hole 001 targeted beneath Sobek Central North Breccia Zone – to a depth of 352m Drill ho
Slide 14: 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 14
Slide 15: 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 NGEx Small 13 km2 Mobile MT Survey flown Potro Cliffs 3 km Large oval MT Anomaly potential mineralized intrusive ce
Slide 16: Sobek – Access Road to VN-Zone Nearly Complete
Sobek – Access Road to VN-Zone Nearly Complete 2022 VN-Zone DDH-02 2023 Central Breccia DDH-01 7 km access road for drill mobilization TSX-V: MRZ OTC: MRZLF
Slide 17: Sobek - 2022/23 Exploration & Maiden Drill Campaign
Sobek - 2022/23 Exploration & Maiden Drill Campaign 2022 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 500km heli-supported Aerial Mobile MT Survey complete Samplin
Slide 18: Inca - Flagship Project - Copper-Gold - Chile
Inca - Flagship Project - Copper-Gold - Chile Atacama Puna Region Inca Gold - Vania • S Self-funded Partner funded TSX-V: MRZ OTC: MRZLF Pipeline project 18
Slide 19: Inca - New Targets Identified
Inca - New Targets Identified Chuquicamata Paleocene belt of northern Chile Inca Gold - Large 16,300 ha property Vania Earn-in option agreement with Newmont Santo Domingo Porphyry Copper/IOCG/HSE Gold potential Lower elevation (2,000-3,000m Vania ASL) Year-round access, mature close- by
Slide 20: Inca - Vania North – Drill Ready
Inca - Vania North – Drill Ready Coincident ground Mag, IP, with gold and geochemical pathfinder anomalies Vania North Interpreted Structures Vania North Prospect Compelling conceptual porphyry Au-Cu prospect delineated by multi-layered exploration data collected by Newmont prior to the option agr
Slide 21: Inca - Vania North – Drill Ready
Inca - Vania North – Drill Ready Electrical IP Pole-Dipole survey detected compelling coincident IP anomalies TSX-V: MRZ OTC: MRZLF 21
Slide 22: Inca - Vania South - Drill Ready
Inca - 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: Inca - Vania South - Drill Ready
Inca - Vania South - Drill Ready Grab sample results confirm mineralization Geochemical DSG survey Vania North completed to finalize drill Drill ready targets IP Surveys completed over Vania North and Vania South Areas of interest, east of Mag target Vania East Recently completed Vania East IP
Slide 24: Inca - Vania South - Drill Ready
Inca - Vania South - Drill Ready Electrical IP Pole-Dipole survey detected coincident IP anomalies PDP Line 1100 Resistivity PDP Line 1100 Chargeability Target Zone “A” Target Zone “A” Target Zone “C” Appearance of structural complexity (west) and perhaps resistive leached cap (east), is evident at
Slide 25: Inca - Vania Prospects – Coincident Geochem Anomalies
Inca - Vania Prospects – Coincident Geochem Anomalies Phase I Drill Campaign TSX-V: MRZ OTC: MRZLF 25
Slide 26: Inca - Vania Prospects – Drill Targets
Inca - Vania Prospects – Drill Targets A Vania North Vania North DSG Au-Score Soil Anomaly C Vania East Phase I Drill Campaign Vania East B Vania South Vania South Vania SW Vania SW Vania Prospects – Vania North, South, East and SW, Vania Prospects – Vania North, South, East and SW A: Vania North, i
Slide 27: Vania South and East
Vania South and East “Lithocap Type” IP resistivity response continues + 2 km of strong IP response in both Vania South and East Very strong IP Resistivity responses coming from recent IP lines at Vania East. Apparent continuation of sub-horizontal resistivity layering (lithocap?) at Vania South. L3
Slide 28: Vania North and South – Maiden Drill Holes
Vania North and South – Maiden Drill Holes TSX-V: MRZ OTC: MRZLF 28
Slide 29: Vania and Rubi Mobile – MT Survey Underway
Vania and Rubi Mobile – MT Survey Underway 441 km Rubi 378 km Vania TSX-V: MRZ OTC: MRZLF 29
Slide 30: 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 Surface follow-up of anomalies New IP on Vania East Complete Mobile-MT survey recently completed Plans include: I
Slide 31: Upcoming Catalysts
Upcoming Catalysts Drilling Inca July 2023 Sobek drill results – early Aug 2023 Drilling Resumes Sept/Oct 2023 Incorporating new drill results into the existing 2016 Resource at Virginia Updated Resource for Virginia Deposit TSX-V: MRZ OTC: MRZLF 31
Slide 32: 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 32
Slide 33: 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 34: 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 34
Slide 35: 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 36: 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 37: Martina Vein Trend Long Section with Interpreted Composite Grade Shells
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 38: Margarita Vein Trend Long Section with Interpreted Composite Grade Shells
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 39: Board of Directors
Board of Directors Patrick Evans Executive Chair Appointed to the board in 2016 Over 20 years of senior Diane Nicolson management experience in Director various public mining companies B.Sc. in Geology and a PhD in Economic Geology Nick DeMare Over 20 years of experience in mineral Director
Slide 40: Management Team
Management Team Tim Heenan President Over 30 years of exploration & operating experience in Central and South America Involved in several high-profile projects including the famous Carmen Cazares Cerro Negro Mining District in Chief Financial Officer Argentina Chartered Professional Accountant
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