Mirasol Announces Vania Drill Campaign at Inca Copper-Gold Project in Chile

• Inca Gold is located within a “World-Class” Inca del Oro Mining District
  
• Airborne Mobile MT geophysical survey underway at Vania Prospects
• Drill campaign scheduled to start in July
• Compelling new targets emerging at Vania East and Vania SW
• Inca Gold and Sobek Project Update Webinar July 6 at 10 am PT / 1 pm ET
  

VANCOUVER, British Columbia, June 29, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that the 2022/23 exploration program continues to advance towards drilling at the Vania North and Vania South prospects on the Inca Copper-Gold Project (“Inca Gold”) in Chile. Pursuant to the Exploration Agreement with Venture Option between Mirasol and affiliates of Newmont Corporation (“Newmont”), Mirasol has the option to earn-in 100% of Inca Gold, subject to a 1.5% NSR royalty (news release January 13, 2020).

“Vania South and North are compelling undercover geophysical targets hosted along a major structural corridor within this well-endowed world-class copper district. Supported by geochemical soil survey results and select high-grade rock chip samples, the Vania South and North targets are scheduled for drilling in late July,” Mirasol’s President, Tim Heenan, commented. “In addition, exciting new targets have been discovered with a strong magnetic signature at Vania East, and a compelling soil survey multi-elemental geochemical anomaly at Vania SW. A property-wide airborne mobile MT survey is currently in progress to validate and refine the existing Vania targets for drilling and potentially identify new prospects.”

An Inca Gold and Sobek Project Update Webinar

Webinar with Tim Heenan, the Company’s President and Patrick Evans, the Executive Chair will be held on July 6^th, 2023 at 10:00 am PT / 1:00 pm ET. A brief presentation will be followed by a Q&A session. Registration can be completed using this link.

Inca Gold is a large 16,300-hectare property package located at a relatively low altitude of 2,300m (ASL) in the Paleocene belt of Chile with year-round access and nearby infrastructure. The Vania North and South zones are both controlled along a major north-northeast structural corridor which hosts the Inca del Oro porphyry to the south and the expansive El Salvador mining district to the north. Vania South is located at an important intersection of two faults, the north-south trending regional Quebrada Vasquez fault, intersecting an east-west trending undercover interpreted fault passing through the center of the magnetic anomaly. The Vania North magnetic depletion response is cradled within two intersecting north-northeast and south-southwest lineaments and hosts a strong coincident gold soil survey geochemical anomaly.