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Mirasol Announces Appointment of Norman Pitcher as President and CEO

Management Changes

NEWS RELEASE

Mirasol Announces Appointment of Norman Pitcher as President and CEO

VANCOUVER, BC, January 15, 2019 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company ”

or “Mirasol”) is pleased to report that Norman Pitcher, P.Geo., has been appointed President and CEO of

the Company effective February 1, 2019. Mr. Pitcher will succeed Stephen Nano, who has led the

Company as President and CEO since the spring of 2014. Mr. Nano will continue to serve as a director of

Mirasol and as an advisor to the Company.

Mr. Pitcher has over 30 years of experience in the mining industry and recently served as the President of

Eldorado Gold Corporation from July 2012 until December 2015, prior to which he served as Chief Operating

Officer of Eldorado from July 2005 to July 2012. Throughout his career with Eldorado, Pan American Silver, H.A.

Simons, Ivanhoe Gold and Pioneer Metals, he was involved in exploration, evaluation and exploitation of open

pit and underground mineral deposits on a world-wide basis. Mr. Pitcher is a Professional Geologist and holds a

B.Sc. in Geosciences from the University of Arizona. Mr. Pitcher is currently a non-executive director of Roxgold

Inc. and Allegiant Gold.

Dana Prince, the Chairman of the Company, stated: “On behalf of the Board and management of the Company,

we welcome Norman to Mirasol. We are confident that his experience as a seasoned and successful international

mining executive will hasten Mirasol’s further success as it enters its next stage of development.”

Mr. Nano is a founder of Mirasol, serving the Company since its inception in 2003, where he has played an

integral role in its development, initially as Vice President of Exploration and over the last four and a half years

as President, CEO and Director.

Mr. Prince stated: “On behalf of the Board and the entire Company, we thank Stephen for his exceptional

service as President and CEO and for his contributions and leadership which have helped place the Company in

a very strong position for its next stage of development.”

About Mirasol Resources Ltd

Mirasol is a premier project generation company that is focused on the discovery and development of profitable

precious metal and copper deposits, operating via a hybrid joint venture and self-funded drilling business model.

Strategic joint ventures with precious metal producers have enabled Mirasol to maintain a tight share structure

while advancing its priority projects that are focused in high-potential regions in Chile and Argentina. Mirasol

employs an integrated generative and on-ground exploration approach, combining leading-edge technologies

and experienced exploration geoscientists to maximize the potential for discovery. Mirasol is in a strong financial

position and has a significant portfolio of exploration projects located within the Tertiary Age Mineral belts of

Chile and the Jurassic age Au+Ag district of Santa Cruz Province Argentina.

For further information, contact:

Dana Prince

Chairman

or

Jonathan Rosset

VP Corporate Development

Suite 910 - 850 West Hastings Street, Vancouver, B.C. Canada, V6C 1E1

Tel: +1 604 602 9989 Fax: +1 604 609 9946 E-mail: [email protected]

www.mirasolresources.com

Suite 910 - 850 West Hastings Street, Vancouver, B.C. Canada, V6C 1E1

Tel: +1 604 602 9989 Fax: +1 604 609 9946 E-mail: [email protected]

www.mirasolresources.com

Tel: +1 (604) 602-9989

Email: [email protected]

Website: www.mirasolresources.com

Forward Looking Statements: The information in this news release contains forward looking sta tements 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. 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 t he TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this releas e.