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Mirasol Resources Appoints Tim Heenan as Interim-President

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

February 3, 2021

Shares Issued and Outstanding: 54,001,043

TSX-V: MRZ

OTCPK: MRZLF

Mirasol Resources Appoints Tim Heenan as Interim-President

VANCOUVER, BC, February 3, 202 1 — Mirasol Resources Ltd. (TSX -V: MRZ) (OTCPK: MRZLF ) (the

“Company” or “ Mirasol”) is pleased to announce the appointment of Mr. Timothy Heenan to the

position of I nterim-President pending the appointment of a fulltime President and CEO. Mr. Heenan

currently serves as Vice President Exploration and has worked exclusively for Mirasol since its inception

in 2003. In addition, Mr. Patrick Evans will serve as Executive Chair pending the appointment of a

fulltime President and CEO.

Mirasol’s Executive Chair, Patrick Evans, stated: “ The Board of Mirasol appreciates Tim assuming the

role of Interim- President while a diligent search for a fulltime CEO continues. Mr. Heenan has an

intimate knowledge of Mirasol’s operations and is best placed to lead the management of the Company

on an interim basis”.

About Mirasol Resources Ltd

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

funded projects, two with Newcrest Mining Ltd (Chile), and one each with First Q uantum Minerals

(Chile), Mine Discovery Fund (Chile), Mineria Activa (Chile) and Silver Sands Resources (Argentina).

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

(Argentina).

For further information, contact:

Patrick Evans, Executive Chair

Tel: +1 (416) 670-5114

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 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

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

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

www.mirasolresources.com

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, ge ological 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, p erformance 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.