Mirasol Doubles the Sobek Copper-Gold Project in Vicuña District, Chile, through Option Agreement with SQM on Adjacent Rosita Property

• The eastern portion of the Rosita Property is 3km directly west of Filo Mining’s Filo del Sol Project and Sobek North is 3km southwest of NGEx´s Lunahuasi discovery
  
• The Rosita property hosts compelling structural lineaments, abundant geophysical anomalies and a very prospective geological environment
• Rosita exploration program to commence immediately to identify and refine targets for drilling
• Sobek Project doubled in size to 22,640 hectares
• Briefing Webinar to be scheduled
  

VANCOUVER, British Columbia, Feb. 14, 2024 (GLOBE NEWSWIRE) --  Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the signing of a landmark option agreement (the “Agreement”) with Sociedad Química y Minera de Chile SA (“SQM”) doubling the size of the flagship Sobek Copper-Gold Project (“Sobek” or “the Project”) in the Vicuña Copper-Gold-Silver District of northeast Chile. The SQM Property (“Rosita”) covers 11,500 hectares extending the Sobek Project to the west and to the east, and unifying the Sobek Central block with the Sobek North block which was an important factor in this consolidation. The combined property has doubled Mirasol’s land holding in the district for a total of 22,640 hectares. The eastern portion of the Rosita property positions Mirasol within 3 kilometers of the giant Filo Del Sol Project and the Sobek North block is 3 kilometers from Lunahuasi discovery both within the heart of the Vicuña Copper-Gold district.

Figure 1: Vicuña District Claim Map - Expanded Sobek Property including the SQM Rosita Property

“The strategic expansion of the Sobek Project to include the sought after SQM Rosita property firmly secures Mirasol as a key player amongst industry-leading companies in the globally recognized Vicuña Copper-Gold district,” Mirasol’s President and CEO Tim Heenan stated. “The increase to our property size significantly increases the exploration potential and expands Sobek further to the east, just 3 kilometers west of the Filo del Sol Project.

Mr. Heenan added: “The Rosita field program will commence immediately with a dedicated exploration team conducting mapping and geochemical sampling in parallel with a property wide stream sediment program to define areas of elevated interest. Now that the agreement has been signed, Mirasol can access the Rosita property to evaluate both AirMag and MT targets from Mirasol’s district wide proprietary geophysical database."