precious metal project generator primed for discovery · share price: ca$ 0.84 july 2015 à ca$...

MIRASOL RESOURCES Focusedongold&silverdiscoveryMIRASOL RESOURCES Focusedongold&silverdiscovery

January 2017 Stephen Nano President & CEO

TSX.V: MRZ OTCPK: MRZLF

Precious Metal Project Generator Primed for Discovery

MIRASOL RESOURCES Focusedongold&silverdiscovery

Cau$onaryStatementThis presenta,on contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements ofhistorical fact, that address future produc,on, reserve poten,al, explora,on drilling, exploita,on ac,vi,es and events or developments that the Companyexpects tooccur,are forward looking statements.Forward looking statementsare statements thatarenothistorical factsandaregenerally,butnotalways,iden,fied by thewords “expects”, “plans” “an,cipates”, “believes”, “intends”, “es,mates”, “projects”, “poten,al” and similar expressions, or that events orcondi,ons“will”,“would”,“may”,“could”or“should”occur.Informa,oninferredfromtheinterpreta,onofdrillingresultsandinforma,onconcerningmineralresourcees,matesmayalsobedeemedtobeforward lookingstatements,as itcons,tutesapredic,onofwhatmightbefoundtobepresentwhenand ifaproject is actually developed. Although the Company believes the expecta,ons expressed in such forward-looking statements are based on reasonableassump,ons,suchstatementsarenotguaranteesoffutureperformanceandactualresultsmaydiffermateriallyfromthoseintheforward-lookingstatements.Factors that could cause the actual results to differmaterially from those in forward-looking statements includemarket prices, exploita,on and explora,onsuccesses, and con,nued availability of capital and financing, and general economic, market or business condi,ons. Investors are cau,oned that any suchstatements arenot guaranteesof futureperformance and actual results or developmentsmaydiffermaterially from thoseprojected in the forward-lookingstatements.Forwardlookingstatementsarebasedonthebeliefs,es,matesandopinionsoftheCompany’smanagementonthedatethestatementsaremade.TheCompanyundertakesnoobliga,on toupdate these forward-looking statements in theevent thatmanagement’sbeliefs, es,matesoropinions,orotherfactors,shouldchange.This presenta,onmay use the term “indicated resource”. The Company advises investors that although this term is recognized and required by Canadiansecuri,esregula,ons(underNa,onalInstrument43-101“StandardsofDisclosureforMineralProjects”),theUSSecuri,esandExchangeCommissiondoesnotrecognizethisterm.Investorsarecau,onednottoassumethatanypartoforallofthemineraldepositsinthesecategorieswilleverbeconvertedintoreserves.StephenNano,PresidentandCEOfortheCompanyanda“QualifiedPerson”underNa,onalInstrument43-101,hasreviewedandapprovedthescien,ficandtechnicalinforma,oninthispresenta,on.

MIRASOL RESOURCES

2

MIRASOL RESOURCES Focusedongold&silverdiscovery

MacroPa1erns,DriversfortheProjectGenera$onBusinessModel

Decadelongdeclineindiscoveryratesofminableouncesofgold

àMayequateto60millionouncesperyearshor[allMajordeclineinexplora,onspendoflast3years

àExplora,onandgenera,veteamsdisbandedàFewernewexplora,onprojects

18monthtrendofimprovedgoldandsilverprices

àImprovingprofitmarginsforproducersàMoneystar,ngtoflowintonewgreenfieldsprojects

Demandforqualityexplora$onprojectsàDriverforMirasol’sprojectgenera$onbusinessmodel

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July2015-Dec2016Gold–SilverCommodityPrice(USD/oz)

GoldLowUS$1,068.25à$1,195.3(13Jan2017)SilverLowUS$14.09à$16.72(13Jan2017)

GoldPrice(USD

/oz)

SilverPrice(USD

/oz)

DecadelongdeclineinGolddiscoveryrates

+3Years,SteepDeclineinExplora$onSpend

MirasolResources:inSummary

4

Mirasol’sSharePricemovesaheadofGDXJIndexCorrela3ngtolargeupswinginUSandCanadiansharevolume

SharePrice:CA$0.84July2015àCA$1.51December2016Sharevolume:0.27MJuly2015à3.15MDecember2016

•  CanadianlistedprojectgeneratorfocusedongoldandsilverdiscoveryinChileandArgen,na

•  WellfundedCA$26.5McashfromrightsofferingandsaleofJoaquinsilverdiscovery(NovFS2016)

•  Conserva,vecapitalstructure•  49Msharesoutstanding•  3MStockop,onsoutstanding•  0.5MBonuswarrants(expiresMarch10,2017)

•  Leadingedgetechnologyanddiscoveryteam

•  Ac,veJVs–strongpartners,strongprojects,strongdeals

•  Addi,onaldrillreadyprojects–focusedonnewJVdeals

•  NewlargepipelineofqualitygoldandsilverprojectsinChile/Argen,nehighlyprospec,vemineralbelts

à  Sharepriceisrespondingtoposi$veJVdrillresultsandimprovingmarketcondi$ons

Management34%

InstitutionalInvestors 28%

Retail 38%

MIRASOL RESOURCES Focusedongold&silverdiscovery

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MirasolResources:IndustryLeadingBoardandManagement

QualityManagement/Explora,onTeam

•  StephenNano–Founder/CEO/President/TechnicalQP

•  TimHeenan–Founder/CountryManagerChile-Argen,na

•  DamienKoerber–ChileandArgen,naBusinessDevelopment

•  DrLeandroEchavarria–PrincipalExplora,onGeologist

•  DarylNunn–PrincipalGenera,veGeologist

•  Qualityteamofin-countryexplora,onists

DanaPrince

Chairman

StephenNanoDirector

TimHeenanDirector

JohnTognecDirector

BordenPutnam

IndependentDirector

NickDeMare

IndependentDirector

Board–strongfinanceandsharemarketandresourceindustrybackgrounds

HighcalibretechnicalteamLeadingedgeexplora$ontechnologiesDiscoverytrackrecordinChileandArgen$na

Commitmenttokeepourshareholdersinformed•  JohnToporowski–ManagerInvestorRela,onsà

PatrickEvans

IndependentDirector

MIRASOL RESOURCES Focusedongold&silverdiscovery

MirasolResources:StrongTrackRecordforWealthCrea$onThroughDiscovery

FY2015/16-Leveragingexis,ngqualityprojectbankthroughJV’sfordrilltes,ng•  2ac,vequalityJVs

•  13,500mofJVdrillingcompletedinlast18months

•  Spendtodate:•  Gorbea-US$3.62M•  Claudia-US$1.82M

•  DeliveringencouragingAu+AgdrillresultsatAtlasandClaudia

•  2017-Newdrillingplanned

•  Seekingpartnersforaddi,onalJVreadyprojects

•  Newpipelineofqualityprojectin

premiermineralbeltsàPrimedtotakeadvantageofimprovingmarkets

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Joaquin&VirginiaDrillDiscovery Drilling

Joaq

uin/Sa

scha

JV

Claud

ia/San

taRitaJV

NicoJV

Espe

joJV Ru

biJV

Gorbe

aJV

MRZIncorp.MRZlistedonTSX Share

Price

JVPartnerSpe

ndto

51%

-US$Million

Shareprice–CA

D$

CVSA

JV

MIRASOL RESOURCES Focusedongold&silverdiscoveryProjectGenera$on:Focus/Pedigree/Capability

àFocusedon2genera,veregionsAtacama–PunaandSantaCruz

•  Worldclasspedigreeunder-exploredpreciousmetalterrains

•  Highlycompa,blewithMirasol’stechnologydrivengenera,veexper,ze

•  HighCalibregenera,veandexplora,onteamswithdecadesofexperienceinthesegeologicalenvironments

•  Well-fundedaggressiveprograms

•  Contrarianapproachtogenera,veexplora,on

àNewAtacama–PunaTer,aryagemineralbeltsofNorthernChileandArgen,na

•  WorldClasspedigreewithmanyopera,nggiantgold,silverandcoppermines

•  Recentmul,-millionounceoxidegolddiscoveries–newwave“companymaker”discoveries

•  MirasolGorbeaBeltJVandlargepor[olio(136,600ha)of27newqualitypipelineprojects

à  SantaCruzJurassicagevolcanicterrain•  Worldclasshighgradegoldandsilverepithermalterrain

•  4opera,nglargescaleminesandaddi,onalnewminedevelopment

•  MirasolClaudia-CVSAJVandlargepor[olio(240,000ha)of11projectsinkeymineraldistricts 7Ter,aryVolcanics

JurassicVolcanics

Atacama-Puna

Genera$ve

SantaCruzGenera$ve

MIRASOL RESOURCES Focusedongold&silverdiscovery

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Recogni$onofepithermalAuAginporphyryCudistricts

ProjectGenera$on:Atacama–PunaRegion

•  Investmentinnewgenera,veprogramdeliveringpor[olioofqualitygold–silverpipelineprojects

•  Mirasoladdedapprox.136,600hain27projectareas–dynamicprocess/newclaimspipeline

•  Mio–Pliocenebelttarge,nggiantoxidegolddiscoveries–seasonalbutthisiswherethegiantsare

•  Paleocenebelttarge,ngbonanzagradegolddiscoveries–yearroundaccess/infrastructureadvantage

àMirasolposi,onedtotakeadvantageofupswingindemandforqualityprojects

Largeunexploredaltera$onsystems

Mio-PlioceneBelt-Targe$ngGiantOxideGoldDeposits

PaleoceneBelt-Targe$ngHigh-gradeGold/SilverDeposits

MIRASOL RESOURCES Focusedongold&silverdiscovery

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MirasolProjectBank–DrillReadyProjectsChileandArgen$na

•  AtlasAu-Ag•  TitanAu-Ag•  ClaudiaAu-Ag

•  VirginiaAg

•  LaCurvaAu•  RubiCu-Au•  EspejoAu-Ag•  LibanesaAg

•  MoritoAu-Ag•  SaschaAu-Ag•  HomenajeAu-Ag•  NicoAu-Ag

Gorbea JV

Additional drill ready projects

Headline Projects ready for JV

LargeDrillReadyPor[olioàFocusedonnewJVdeals

*seenewsreleases*Claudia(Dec16,2016)Claudia(July26,2016)Atlas(April25,2016)Virginia(Sept14,2016

Virginia(March29,2016)Titan(Nov25,2013)Rubi(April2,2015)

LaCurva(Jan23,2014)

Claudia-CVSA JV

Appx. US $6.38M - Remaining JV Spend to 51% Earn In (Based on JV Spend to May 16)

Appx. US $ 3.18 M - Remaining JV Spend to 51% Earn In (Based on JV Spend to Sep 16)

MIRASOL RESOURCES Focusedongold&silverdiscovery

Chile:GorbeaJV-AtlasGoldSilverDrillResultsandIPGeophysicstargets

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Atlas Project

Chile

South America

•  GorbeaJVtermsforpor[olioof7projectsincludingtheAtlasandTitanprojects

•  4yearstoearn51%byspendingUS$10MandmakingUS$2millioninstagedcashpayments•  Addi,onal2yearsearn65%bydeliveringaPEAwithminimumresource1MOzgold•  Addi,onal1yearsearn75%bydeliveringafeasibilitystudy,decisiontomineandbyfundingtoproduc,onMirasol’s25%equityposi,onintheproject.

àStrongdealtermstarge$nglargestandalonegolddiscovery

•  EncouragingdrillresultsatAtlasconfirmlarge,deeplyoxidisedhighsulphida,onepithermalsystemofthestylethathasproducedbulkminablegold–silverdepositsinthismineralbelt•  Bestresultstodateinclude40mat1.38g/tAuand17.9g/tAgincluding28mat1.82g/tAuand22.0g/tAg•  Intersec,onsaredeepbutupdippoten,alfornearsurfacemineraliza,onisuntested•  Arangeofaddi,onaldrilltargetswarranttes,ngatAtlasforlargescalebulkminablegoldmineraliza,on•  Year2explora,onunderway;addi,onalUS$6.38MtospendbyYear4toearn51%(Spend$US10M,cashpayment$US2M)•  DrillingplannedtocommenceJanuary2017

MIRASOL RESOURCES Focusedongold&silverdiscovery

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Argen$na:Claudia–CVSAJVCurahueProspectDrilling

Claudiagold-silverproject5separatedrillreadyprospects

AdjoinsCerroVanguardiamine(AngloGold–Ashan,/Formicruz)districttotal8.6MozAuand135MozAg

JointVentureop$onterms:

• Year1commitment6,000mdrilling,US$200Kgeophysics,US$2Mspend

• 2yearstoearn51%-12,000mdrilling,US$400Kgeophysics,US$5Mexplora,onspend+US$1McashpaymentstoMirasol

• 2addi,onalyearstoearn65%withdeliveryofPEAwith+350,000oz.inferredresource

• 2addi,onalyearstoearn75%withdeliveryofpre-feasibilitywithminimum350,000oz.resource,decisiontomineandprovidefundingforMirasol’s25%equityposi,on

à  Dealstructuredtofacilitaterapidexplora$onanddevelopmentassatellitedeposittoCerroVanguardiaMine

•  Feb-Sept2016spendUS$1.82Manddrilled64holesfor7,500m

•  MoredrillingplannedinMarch2017

MIRASOL RESOURCES Focusedongold&silverdiscovery

Argentina: Claudia – CVSA JV Curahue, Io Trend Drill Results

Drillingtodatefocusedat>15kmlongCurahueprospect,39RCand25DDHholes

•  Iotrendhas26RCand21DDHholeswithencouragingintersec,onsofAuandAgmineraliza,on

•  Narrowhigh-gradeintervalsinc:•  0.5mat7.35g/tAu&448.9g/tAg

•  1.0mat5.15g/tAu&580.6g/tAg

•  1.0mat5.59g/tAu&199g/tAg

•  Broaderlow-gradeintervalsinc:•  66.5mat0.42g/tAu&64.74g/tAg

•  39.5mat0.70g/tAu&74.89g/tAg

•  27.5mat0.56g/tAu&48.33g/tAg

•  16.3mat0.75g/tAu&75.9g/tAg

à  Possibleopen-pitbulkmineable

extrac$on

à  EpithermalAu+Agmineraliza$on

à  1of5prospectsatClaudiaà  NewdrillingplannedforMarch2017

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MIRASOL RESOURCES Focusedongold&silverdiscoveryMirasolResourcesLookingAhead

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•  NewdrillingatClaudia–CVSAJVàwithdrillingplannedforMarch2017

•  Newexplora,onatGorbea,withdrillingstar,nginJanuary2017•  Newphaseofexplora,onatVirginiahighgradesilverprojectcurrentlyinprogress

•  Ac,velypursuingnewJVdealsonourdrillreadyprojects

•  Ini,a,ngexplora,ononMirasol’snewpipelineprojectsintheAtacama–Punaregion

•  Con,nuingdistrictconsolida,oninSantaCruzProvince,Argen,na•  Increasingexplora,onac,vi,esonkeypipelineproper,estoadvancetodrillreadystatus

MIRASOL RESOURCES Focusedongold&silverdiscovery

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MirasolResourcesSummary

Demonstratedtrackrecord→Discoverytoliquidityevent

ConservaOvesharestructure49millionsharesissued→Managingourcapitalstructure

WellfundedCAD$26.5million

StrongJointVenturesdeliveringencouraginggold–silverdrillresults

FocusedondeliveringnewdealsonexisOngprojectbank

AggressivecountercyclicprojectgeneraOonprogramhasdelivered(andisdelivering)newqualityprojects

à  PosiOontodelivershareholdervaluecreaOonviadiscoveryinanimprovingpreciousmetalsmarket

PleasevisitourwebsiteandregistertofollowtheMirasolstorywww.MirasolResources.com