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MRZ.V ·

Mirasol Announces New Independent Director

Corporate Updates

NEWS RELEASE

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

Mirasol Announces New Independent Director

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

“Mirasol”) is pleased to report that Dr. Diane Nicolson has been appointed as an independent director of the

Company effective March 14, 2019. Dr. Nicolson is an economic geologist who has been active in international

minerals exploration and the mining industry for more than 20 years, working globally in both precious and base

metals and with extensive experience in South America. She currently serves as President, CEO and a director of

Amarc Resources Ltd., a Hunter Dickinson Inc. company.

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

we welcome Diane to Mirasol. We are confident that her expertise and extensive industry experience will be of

significant benefit to Board of the Company.”

The Company also announced the grant of 200,000 stock options to certain directors under its Equity Incentive

Plan. The options are exercisable at $1.09 per share for a period of four years, 100,000 of which are subject to

vesting restrictions.

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

Tel: +1 (604) 602-9989

Email: [email protected]

Website: www.mirasolresources.com

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 releas e.