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Mirasol Announces Management Changes

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

May 2, 2022

Shares Issued and Outstanding: 54,015,043

TSX-V: MRZ

OTCPK: MRZLF

Mirasol Announces Management Changes

VANCOUVER, BC, May 2, 2022 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company”

or “Mirasol”) is pleased to announce the appointment today of Troy Shultz as V ice President Investor

Relations to support the growth of the Company. Mr. Shultz has more than 15 years of investor relations

experience in the mining industry and last held the position of Dire ctor, Investor Relations and

Corporate Communications at Pretium Resources Inc. which was recently acquired by Newcrest Mining.

Mr. Shultz graduated from the University of Saskatchewan with an MBA.

Mirasol’s President Tim Heenan commented: “ We are excited to welcome Troy to Miras ol. His

knowledge and experience will be instrumental in improving the understanding and appreciation of our

extraordinary portfolio of exploration projects in Chile and Argentina.”

Mirasol also announces the resignation of Jonathan Rosset, Vice President Corporate Development to

pursue other opportunities. Mr. Heenan stated: “ On behalf of the board of directors, I would like to

thank Jonathan for his work commitment and his many valued contributions to Mirasol. We wish him

well in his future endeavours.”

Mr. Shultz has been granted 200,000 stock options exercisable at $0.80 per share for a period of 5 years

subject to vesting over one year.

About Mirasol Resources Ltd.

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

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

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

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

Inca Gold (Chile) and at a number of early-stage prospects.

For further information, contact:

Patrick Evans, Executive Chair

or

Tim Heenan, President

Tel: +1 (604) 602-9989

Email: [email protected]

Website: www.mirasolresources.com

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

Forward Looking Statements: The information in this news release contains forward looking statements that are s ubject 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 changes to regulations affecting the mining industry a nd 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 minera l recovery processes. Although we

believe the expectations reflected in our for ward-looking statements are reasonable, results may vary, and we cannot

guarantee future results, levels of activity, performance or achievements. Mirasol disclaims any obligati ons to update or

revise any forward-looking statements whether as a result of n ew 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 d efined in the policies of the TSX

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