Slide 1: Focused on Discovery
FOCUSED ON DISCOVERY TSX-V: MRZ Sobek Project, Chile OTCPK: MRZLF MARCH 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: Project Portfolio Overview
Project Portfolio Overview Atacama Puna Program Mirasol-funded projects Atacama Puna Seven partner-funded projects Strong pipeline of early and mid-stage projects Exploration Partners Encantada SpA TSX-V: MRZ OTCPK: MRZLF 3
Slide 4: Flagship Project – Sobek, Chile
Flagship Project – Sobek, 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 west of Filo del Sol and 10 km west of Josemaria Ownership ▪ 100% owned ▪ Surface access agreements secured Exploration ▪ Aeroma
Slide 5: Sobek – Exploration
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 → Provide a strong base
Slide 6: Sobek Central – Exploration Program
Sobek Central – Exploration Program Maiden reconnaissance campaign confirmed presence of: • Significant and widespread areas of strong argillic alteration Sobek Central – Looking NE • Volcanic complex hosting rhyodacitic and andesite volcanics flanked to the west by igneous intrusive rocks of diorit
Slide 7: Sobek South – Exploration Program
Sobek South – Exploration Program • Large hypabyssal dacitic dome complex identified • Autobrecciation textures and low temperature silicification and argillized alteration halos on the dome margin • Peripheral areas of the dome are considered Sobek South – Rhyolitic flow dome complex highly prospec
Slide 8: Flagship Project – Altazor Gold, Chile
Flagship Project – Altazor Gold, Chile Project ▪ Mio-Pliocene age mineral belt, northern Chile Overview ▪ 33,300 ha ▪ High sulfidation epithermal (HSE) gold property ▪ 60 km via paved highway south from the village of Socaire ▪ US$3M in expenditures has defined drill-ready targets Altazor Project Ac
Slide 9: 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 Partner ▪ First Quantum Minerals Activities ▪ Timing under review for 3,000m dril
Slide 10: Partnered Project - Gorbea Gold, Chile
Partnered Project - Gorbea Gold, 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) Exploration ▪ 2,072m RC drill program completed in Q4 2021 at At
Slide 11: Gorbea: Atlas Prospect – Exploration Results
Gorbea: Atlas Prospect – Exploration Results Last 2 drill holes completed at Atlas restricted potential with: - ATL0012: Limiting upside to the north - ATL0011A: Drilled peripheral to mineralized center • Potential remains to both the east and west to extend the mineralization and explore for higher
Slide 12: Partnered Project – Virginia Silver, Argentina
Partnered Project – Virginia Silver, Argentina Project ▪ Santa Cruz, Argentina Overview ▪ 74,429 ha ▪ Low sulfidation epithermal (LSE) silver vein prospect ▪ 160 km north of Pan American Silver’s Manantial Espejo Mine MRZ –Silver Sands Virginia Project Partner ▪ Silver Sands Resources Corp. Explorat
Slide 13: Virginia Project – Exploration Program
Virginia Project – Exploration Program ~9,000m of drilling completed under Option Agreement ~US$2.7M in Exploration Expenditures Highlights from Virginia Main ▪ Confirmed the potential for new well-mineralized structures to expand outside of the current NI 43-101 resource area ▪ Encountered signific
Slide 14: Virginia Project – Santa Rita Prospect
Virginia Project – Santa Rita Prospect LSE style mineralization with both Au and Ag values ▪ Drilling confirmed the structures mapped and sampled on surface extend to depth, providing vectors for deeper drilling ▪ Follow up drilling is planned to further define the vertical and lateral extent and co
Slide 15: Pipeline Projects – San Juan Porphyry Copper Projects
Pipeline Projects – San Juan Porphyry Copper Projects Projects ▪ San Juan Province, Argentina Overview ▪ Three separate properties representing 10,741 ha ▪ Porphyry Copper prospects ▪ South of Mirasol’s Osiris project (Chile) ▪ High profile projects nearby: ▪ in the north: Altar, Pachon, Pelambres,
Slide 16: Sascha Marcelina, Argentina
Sascha Marcelina, Argentina Project ▪ Santa Cruz, Argentina Overview ▪ Low sulfidation epithermal (LSE) gold-silver property ▪ 30,600 ha - Elevation of 800 ASL ▪ 100 km south to Newmont’s Cerro Negro mine Ownership ▪ 24,900 ha owned by Mirasol, 5,700 ha under an option to purchase agreement ▪ Amende
Slide 17: Sascha Marcelina – Untested Pellegrini Breccia Target
Sascha Marcelina – Untested Pellegrini Breccia Target • Precious metal mineralization decreases in intensity and further to the east, outboard and distal to the remaining untested central target • Untested chargeability/resistivity anomaly defined from the recent deep penetrating IP geophysics TSX-V
Slide 18: Sascha Marcelina – Potential Remaining
Sascha Marcelina – Potential Remaining • Widespread Au/Ag/Zn/Pb mineralization identified in Mirasol’s drilling • Multiple vectors defined to untested targets remaining • District scale property package • Potential for third party exploration partnership TSX-V: MRZ OTCPK: MRZLF 18 18
Slide 19: Self-Funded Project – Inca Gold, Chile
Self-Funded Project – Inca Gold, 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 near infrastructure ▪ 100 km north of Copiapó and 17 km east of Inca del Oro community Ownership ▪ Option agreement with Ne
Slide 20: Inca Gold – Vania Prospect Deep Sensing Geochemistry
Inca Gold – Vania Prospect Deep Sensing Geochemistry → Compelling porphyry Cu-Au prospect delineated by multi-layered (DSG) Score exploration data Multi-Element DSG Anomaly Multi-Element DSG Halo Coincident with Au Au DSG Anomaly Hg-Nb-Cd-Ag-Mo-Ni-As Se-Ca-S-Au-Sr-B-Te-As • Strong, central Au DSG (D
Slide 21: Partnered Project – Libanesa Project, Santa Cruz
Partnered Project – Libanesa Project, Santa Cruz 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. Exploration ▪ Drill targeting program completed ▪ 2,000m dri
Slide 22: Project Portfolio – Activities Summary
Project Portfolio – Activities Summary Sobek Detailed reconnaissance program ongoing Sascha Marcelina Potential for new exploration partnership Inca Gold IP geophysical program on Vania prospect Altazor 2,000m drill program expected (partner or self-funded) Libanesa 2,000m drilling to start shortly
Slide 23: Summary
Summary 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 23
Slide 24: For Further Information
TSX.V: MRZ OTCPK: MRZLF For Further Information: Tim Heenan, President Jonathan Rosset, VP Corp. Development Tel: (604) 602 9989 Email: contact@mirasolresources.com Website: www.mirasolresources.com TSX-V: MRZ OTCPK: MRZLF Sobek Project, Chile 24