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MRZ.V ·

Mirasol Resources Promotes Carmen Cazares to CFO

Management Changes

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

www.mirasolresources.com

January 4, 2022

Shares Issued and Outstanding: 54,015,043

TSX-V: MRZ

OTCPK: MRZLF

Mirasol Resources Promotes Carmen Cazares to CFO

VANCOUVER, BC, January 4, 202 2 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the

“Company” or “Mirasol”) is pleased to announce the promotion of Carmen Cazares to Chief Financial

Officer (“CFO”). Ms. Cazares joined Mirasol in 2019 and previously served as the Company’s Corporate

Controller.

Ms. Cazares, CPA, CGA, is a member of the Chartered Professional Accountants of British Columbia and

has a broad operational and accounting background with more than 30 years of experien ce. Prior to

joining Mirasol, she served as Corporate Controller at Coro Mining Corp. in Vancouver and at Endeavour

Silver Corp. in Mexico. Ms. Cazares earned a Bachelor of Commerce Degree from the University of

Chihuahua, Mexico.

Patrick Evans, Mirasol’s Executive Chair commented: “ Carmen has performed exceptionally well as

Corporate Controller of Mirasol and we are delighted that she has accepted the position of CFO.

Succession planning is of central importance to the Board of Mirasol and we are keenly focused on

supporting our employees as they advance in their careers. Combined with the promo tion of Tim

Heenan to the position of President last January, Carmen’s promotion further strengthens Mirasol’s

senior management team”.

Ms. Cazares is replacing Mr. Mathew Lee who has provided part-time CFO services to the Company

since May 2018.

About Mirasol Resources Ltd.

Mirasol is a well -funded exploration company focused in Chile and Argentina. Mirasol has seven

partner-funded projects, with Newcrest Mining Ltd (Chile), First Quantum Minerals (Chile), Mine

Discovery Fund (Chile), Mineria Activa (Chile), Silver Sands Resources (Argentina), Patagonia Gold

(Argentina) and Golden Arrow (Argentina). Mirasol is currently self-funding exploration at Sobek (Chile),

Inca Gold (Chile) and Sacha Marcelina (Argentina).

For further information, contact:

Tim Heenan, President

or

Jonathan Rosset, VP Corporate Development

Tel: +1 (604) 602-9989

Email: [email protected]

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

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

www.mirasolresources.com

www.mirasolresources.com

Website: www.mirasolresources.com

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 fa ctors 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 . Although we believe the expectations reflected in our forward -looking stat ements 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.