Mirasol Resources : Corporate Presentation January 2023 (Roundup & VRIC)

FOCUSED

ON

DISCOVERY

Sobek Project, Chile

TSX-V: MRZ	Exploration Update
January 2023
OTC: MRZLF

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 activities and events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans" "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward- looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as may be required by applicable law.

This presentation may use the terms pit constrained mineral resources estimate and indicated resource. The Company advises that these terms are recognized and defined in Canadian securities regulations (under National Instrument 43-101 "Standards of Disclosure for Mineral Projects"). Investors are cautioned not to assume that any part of or all, of the mineral occurrences in these categories will ever be converted into reserves.

All material project information in this presentation has been previously disclosed to the public by Mirasol.

Tim Heenan (MAIG), President for Mirasol has reviewed and approved the technical content of this presentation and is a Qualified Person under NI 43 -101.

2

Company Overview

• Leading exploration company with a track record of success
• $60 million liquidity event in 2012 from the discovery and sale of the Joaquin Project
• Conservative share structure with significant insider ownership

• Quality copper, gold and silver exploration projects
• Focused on highly-prospective and mine-friendly jurisdictions of Chile and Argentina
• Established in-country permitting and operating experience

• Well-fundedexploration and JV partnerships
• Currently prepping for drilling at 2 Flagship Projects in Q1/Q2 this year
• Planning extensive exploration programs for 22/23 field season

3

Share Structure and Treasury

Conservative

Share

Structure

Shares

Outstanding

59M

Shares Fully

Diluted

64M

Market

Capitalization

~C$45M

Well Funded

Cash

~C$8.0M

Shares

~C$0.41M

10.4M shares of Silver Sands Resources

(CSE:SAND) at $0.04

• Insiders Holding: 32%

Cash position as at end of quarter September 30, 2022 & the proceeds of the private placement (see news release dated Dec 20'22)

4

Exciting 2022/23 Exploration Season

Sobek - Copper-Gold

• Coincident geochemical and airborne magnetic anomalies
• Multi-percentcopper in grab samples
• Exploration is actively underway
• Focus - Advance to drill stage Q2 2023

Inca - Copper-Gold

• Compelling IP geophysical targets
• Geochemical sampling completed
• Refining drill plans
• Drilling planned for Q1 2023

Atacama Puna

Region

Inca - Vania

Sobek

• S

Self-funded

Partner funded

Pipeline project

5