Mirasol Completes the Sale of the Sascha-Marcelina Projects in Argentina for US$1.5 Million Plus Royalty
Mirasol Completes the Sale of the Sascha-Marcelina Projects in Argentina for
US$1.5 Million Plus Royalty
• Pursuit Minerals acquires the Sascha-Marcelina Projects for a total consideration of ~US$1.5 million
• Mirasol retains a 1.5% NSR royalty. Following the commencement of commercial production, Pursuit Minerals
may buy back the first 0.75% within two years for US$1.5 million, and the remaining 0.75% within three years
for an additional US$4 million
• Repayment of CAD$2M towards outstanding shareholder loan
VANCOUVER, British Columbia, Dec. 09, 2025 -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or
“Mirasol”) is pleased to report it has completed the sale of Mirasol`s 100% owned Sascha Project ( “Sascha”) located in
Santa Cruz province, Argentina to Andara Mining Pty Ltd (“Andara Mining ”), a subsidiary of Pursuit Minerals Ltd. (ASX: PUR)
(“Pursuit Minerals ”). The Company announced the sale on September 30, 2025. In connection to the sale, Mirasol has also
assigned its Option to Purchase Agreement on the Marcelina Project ( “Marcelina” ) to Andara Mining. Under the Option to
Purchase Agreement, Mirasol has the right to acquire an undivided 100% interest in three mineral concessions comprising the
Marcelina Project. Sascha and Marcelina are together referred to as the Sascha-Marcelina Projects ( “Sascha-Marcelina” ).
“The US$1.5 million payment immediately strengthens our financial position as we advance our exploration programs while the
retained royalty ensures we remain positioned to benefit from future success at Sascha-Marcelina,” Mirasol’s President Tim
Heenan stated. “The sale of our Sascha-Marcelina Projects reflects our strategy to monetize our underappreciated non-core
assets in our portfolio of projects in Argentina and Chile.”
Repayment of Shareholder Loan
Today the Company also announced that the proceeds from the sale of Sascha-Marcelina were applied to a repayment of
CAD$2M towards the outstanding shareholder loan previously announced (news release March 14, 2025 and June 16, 2025).
About Mirasol Resources Ltd
Mirasol is a well-funded exploration company with over 20 years of operating, permitting and community relations experience
in the mineral rich regions of Chile and Argentina. Mirasol is currently self-funding exploration at the flagship Sobek Copper-
Gold Project located in the Vicuña Copper-Gold-Silver District of northeast Chile while continuing to advance a strong pipeline
of highly prospective early and mid-stage projects.
For further information, contact:
Tim Heenan, President & CEO
or
Troy Shultz, Vice President Investor Relations
Tel: +1 (604) 602-9989
Email: [email protected]
Website: www.mirasolresources.com
Qualified Person Statement: Mirasol’s disclosure of technical and scientific information in this press release has been
reviewed and approved by Tim Heenan (MAIG), the President for the Company, who serves as a Qualified Person under the
definition of National Instrument 43-101.
Forward Looking Statements: The information in this news release contains forward looking statements that are subject to
a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from
those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world
commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and
changes to regulations affecting the mining industry and to policies linked to pandemics, social and environmental related
matters. Forward-looking statements in this release include statements regarding future exploration programs, operation plans,
geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations
reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of
activity, performance or achievements. Mirasol disclaims any obligations to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise, except as may be required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.