Slide 1: Focused on Discovery
FOCUSED ON DISCOVERY TSX-V: MRZ PDAC Sobek Project, Chile OTC: MRZLF March 2024
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 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
Slide 4: Share Structure and Treasury
Share Structure and Treasury Well-Funded Directors & Management Cash ~C$3.8 Million 31% Cash position as at end of quarter Dec 31, 2023 ~66 Million Shares Conservative Share Structure Institutional Shares Outstanding 65.8M 12% Shares Fully 74.4M Diluted Market ~C$36M Capitalization 4
Slide 5: Flagship Self-Funded & Active Projects
Flagship Self-Funded & Active Projects Atacama Puna Region Sobek Virginia Silver Deposit Self-funded Partner funded Pipeline project 5
Slide 6: Sobek - Targeting & Staking Rationale (2016)
Sobek - Targeting & Staking Rational (2016) MARICUNGA Sobek North BELT Caldera Las Helados Maricunga Marte Belt Lobos La Peca Las Lajitas Copiapo Trans-Andean Pantanitos Candelaria Suture Pacific Ocean Refugio Caspiche Sobek Lunahuasi Co.Casale North Josemaria Trans-Andean Caserones Lineament Sobek
Slide 7: Sobek - Significant Expansion in the Vicuña District
Sobek - Significant Expansion 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 Ameri
Slide 8: SQM - Rosita Property – MRZ Strategic Expansion
SQM - Rosita Property – MRZ Strategic Expansion 2022 The package was dealt on an “all or nothing” basis. We are prioritizing areas for follow-up exploration activities. Not considered urgent. Highest priority is the unifying block around and to the south of Sobek Central. Sobek North 2023 We
Slide 9: 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 3 km west of new Lunahuasi discovery (fmr. Potro Cliffs) by NGEx Minerals 3 km west of Filo del Sol with Josemaria to the east and Sobek North Lunahuasi Los
Slide 10: Sobek / SQM Rosita - Regional AirMag Survey
Sobek / SQM Rosita - Regional AirMag Survey X X X X X X X X Strong alteration in new SQM Rosita package TSX-V: MRZ OTC: MRZLF 10
Slide 11: Sobek Central / SQM Rosita - Regional AirMag Survey
Sobek Central / SQM Rosita - Regional AirMag Survey Filo Del Sol Deep-seated, structurally controlled intrusive bodies TSX-V: MRZ OTC: MRZLF 11
Slide 12: 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 13: 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
Slide 14: 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 20
Slide 15: Sobek - VN-Zone - Geology & Structural Interpretation
Sobek - VN-Zone - Geology & Structural Interpretation Preliminary mapped geology and structural interpretation, occurrence of veinlets and argillic/phyllic alteration. Possible large circular feature associated with the dacitic hypabyssal intrusive bodies. TSX-V: MRZ OTC: MRZLF 15
Slide 16: 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 16
Slide 17: Sobek - VN Zone Cross Section – Underlying IP Geophysics
Sobek - VN Zone Cross Section– Underlying IP Geophysics L 50,000N Resistivity L 51,000N Resistivity 500m Inhouse IP - Electrical Geophysical lines at Sobek Central, VN Zone TSX-V: MRZ OTC: MRZLF 17
Slide 18: Sobek - VN Zone and South Extensions Airborne MT Sections
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 18
Slide 19: Sobek - “El Nino” has been Active in the High Andes
Sobek - “El Nino” has been Active in the High Andes Has resulted in suspension of activities and delays in our timeline, although we are now re- mobilizing the crews back to site. 19
Slide 20: Sobek Central - Exploration to End of Season
Sobek Central - Exploration to End of Season 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 2023
Slide 21: 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
Slide 22: Sobek North – El Potro Prospect - New Priority Targets
Sobek North – El Potro Prospect - New Priority Targets 500m 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
Slide 23: 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
Slide 24: 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 24
Slide 25: 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 25
Slide 26: 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