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MRZ.V ·

Mirasol Reports on 2020 Annual General Meeting of Shareholders

Shareholder Meetings

NEWS RELEASE

Suite 1150 – 355 Burrard Street, Vancouver, B.C. Canada, V6C 2G8

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

www.mirasolresources.com

Mirasol Reports on 2020 Annual General Meeting of Shareholders

VANCOUVER, BC, July 15, 2020 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company ” or

“Mirasol”) announced the results of its 20 20 Annual General Meeting of shareholders, which was held at the

Company’s offices on July 8, 2020 (the “Meeting”).

The shareholders of the Company represented at the Meeting elected Norman Pitcher, Dana Prince, Nick

DeMare, John Tognetti, Patrick Evans and Diane Nicolson as directors of the Company for the ensuing year.

Further, shareholders also approved: ( i) the reappointment of Davidson & Company as the Company’s

independent auditor; (ii) the Stock Option Plan; and (iii) the Restricted Share Unit Plan, all as described in the

Information Circular prepared for the Meeting.

During a Board meeting held on July 15, 2020 , the Board of directors reappointed the following officers of the

Company: Norman Pitcher, President and CEO; Dana Prince, Chairman; Mathew Lee, CFO; Timothy Heenan,

Country Manager; Jonathan Rosset, VP Corporate Development and Gregory Smith, Corporate Secretary.

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 th e Tertiary Age Mineral belts of

Chile and the Jurassic age gold and silver district of Santa Cruz Province Argentina.

For further information, contact:

Norman Pitcher, President and CEO

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 release.