MRZ.V · 2021-09-15 12:00:00

Mirasol Resources Announces the Addition of Tim Moody to the Board of Directors

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

September 15, 2021

Shares Issued and Outstanding: 53,872,043

TSX-V: MRZ

OTCPK: MRZLF

Mirasol Resources Announces the Addition

of Tim Moody to the Board of Directors

VANCOUVER, B.C., September 15, 2021 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the

“Company” or “Mirasol”) is pleased to announce that Mr. Timothy C. Moody, B.Sc. (Hon), has agreed

to join the Board of Directors of the Company. Mr. Moody is the President and Chief Executive Officer

of Pan Global Resources Inc. (TSX-V:PGZ) and a director of several TSX Venture Exchange listed mineral

exploration companies.

Mr. Moody has over 30 years of experience in the mining industry, with expertise in mineral

exploration, resource assessment, business development and corporate strategy. He spent 24 years

with Rio Tinto, including as Exploration Director from 2005 – 2010, and as Vice President and Director

for Business Development from 2010 to 2015.

Mr. Moody has an impressive track record of discovery of mineral resources as well as commercial

transactions globally. This includes leading the teams in identification and e xploration of several

projects now in feasibility and/or production, such as Mina Justa, Constancia, La Granja, Corani and

Ollachea in Peru and Castillejito in Spain. As Director of Business Development at Rio Tinto, his

responsibilities included corporate strategy, M&A and public market transactions.

Mirasol’s Chairman, Patrick Evans, commented: “We are very fortunate to add a director of the calibre

of Tim Moody. Tim’s record of success in identifying projects of merit speaks for itself. His experience

and technical ability in identifying and advancing early stage mineral exploration projects will be of

great benefit to Mirasol and its shareholders.”

The Company also announced the grant of a total of 3. 35 million incentive stock options to directors,

management, consultants and contractors. The options are for a five -year term at an exercise price of

$0.34 per option share, and will vest over a period of three years.

About Mirasol Resources Ltd.

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

funded projects with Newcrest Mining Ltd (Chile), First Quantum Minerals (Chile), Mine Discovery Fund

(Chile), Mineria Activa (Chile), Silv er Sands Resources (Argentina), and Patagonia Gold (Argentina).

Mirasol is currently self -funding exploration at two projects, Inca Gold (Chile) and Sacha Marcelina

(Argentina).

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

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

www.mirasolresources.com

For further information, contact:

Tim Heenan, President

Jonathan Rosset, VP Corporate Development

Tel: +1 (604) 602-9989

Email: [email protected]

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 factors that may cause actual results to differ materially

from those anti cipated 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 Serv ices Provider (as that term is defined in the policies of the TSX

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

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