Well Funded

Five Headline Projects

Management Focused on Shareholder Value

Booth 17

Vancouver Island Room

Speaker: Stephen Nano

President & CEO TSX.V: MRZ

2 | MRZ: TSX-V

Cautionary Statement

This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or

developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not

historical facts and are generally, but not always, identified by the words “expects”, “plans” “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Information

inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward

looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation

and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ

materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and

opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

This presentation may use the term “indicated resource”. The Company advises investors that although this term is recognized and required by Canadian securities regulations (under National Instrument 43-101 “Standards of Disclosure for Mineral Projects”), the US Securities and

Exchange Commission does not recognize this term. Investors are cautioned not to assume that any part of or all of the mineral deposits in

these categories will ever be converted into reserves.

Stephen Nano, President and CEO for the Company and a “Qualified Person” under National Instrument 43-101, has reviewed and

approved the scientific and technical information in this presentation.

MIRASOL RESOURCES

Project Generator Primed for Discovery

→ Project Generator Business Model

→ Review of Mirasol’s Headline Projects &

12 Month Business Plans

4 | MRZ: TSX-V

Project Generator Business Model: Key Elements

• Spread risk across multiple projects Improving potential for

shareholder returns

• Lower burn rate Conserving capital structure

• Focus intellectual capital of project generator on generation

Creating new business opportunities (projects)

• Leveraging diverse skill sets Access expertise & technology of JV

partners

Does this business model deliver?

5 | MRZ: TSX-V

Project Generators – Does this industry sector deliver value? 20 project generator companies spanning 22 years on market

• Today’s combined market cap of $1.645 billion CAD Retained value in difficult market.

• Equity Raised $995.6 million CAD Strong capacity to raise capital (good project & people).

• Current working capital $285 million CAD Well funded companies.

• Returns to share holders (sale proceeds shares + cash) $1.038 billion CAD Sale on success (discovery)

• 5 of 20 companies have sold assets. Total value realized $1.363 billion CAD Demonstrated value creation.

• Market Cap + Returns to Shareholders - Equity Raised = $1.687 billion CAD value creation

Company Altius Minerals Corp. Almaden Minerals Azimut Exploration Inc. Eurasian Minerals Inc. Midland Exploration inc. Millrock Resources Inc. Miranda Gold Corp. Mirasol Resources Ltd. Renaissance Gold Inc. Riverside Resources Inc. Strategic Metals Ltd. Globex Mining Enterprises Inc. Virginia Mines Inc. Kaminak Gold Corp. Evrim Resources Corp. Aurion Resources Ltd. Lara Exploration Ltd. Estrella Gold Corp. Solitario Exploration & Royalty Corp. Reservoir Minerals Inc. Information generously provided by Kyle Mclean & Alex Ruggieri of Haywood Securities

Please see full disclaimer in appendix of this presentation. This chart information is not a solicitation for

the purchase of securities, an offer of securities, or intended as investment research or advice

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6 | MRZ: TSX-V

Mirasol Project Generator: Conserve Capital Structure

• Drilling under JV increased the

share price / decreased dilution

• Discovery reduced the cost of

capital

• Discovery reduced share dilution

• 2011 last raising cost of capital is

approx. 1/10th pre-IPO raisings

Currently exploring for

discovery with minimal

shareholder dilution due to

sale of Joaquin discovery

Reducing dilution

/ 4 projects drilled

under JV ≈ 15,500m

to 2008

Increasing

Capital raised

2004 2005 2006 2007 2009 2010 2011

IPO

2009-10 Joaquin & Virginia

discoveries reported

drill results

Jo

aqu

in S

ale

Since December 2012

Exploring with minimal

share dilution

WEIGHTED AVERAGE SHARE PRICE $CAD (INCLUDING EXERCISED WARRANTS)

7 | MRZ: TSX-V

Mirasol - December 2012

Sale of 49% of Joaquin to Coeur Mining

Cash and shares: $60 M

Total: $60.4 M

Coeur Mining Inc.

Purchase of 49%: $60 M Exploration: $14.4 M

Total costs 100% Joaquin : $74.4 M

Cost per Ag Eq. Oz of ≈ $1

• Joaquin discovery cost per ounce silver: 18.5 cents/Oz Ag Eq USD

• Joaquin pre-tax return to Mirasol (net of MRZ exploration): $59.35 M USD

• Joaquin total approx. cost per Ag Eq. Oz to Coeur Mining for 100% of project: $1 USD / Oz

Joaquin Discovery

72.8 M Ag Eq. Oz

Mirasol

Life of project exploration spend:

$1.0 M

Coeur Mining Inc.

Exploration spend approx. $12 M JV Cash payments: $400 K

Total investment: $12.4 M

Mirasol Analysis of JV Transaction – Value creation Customer client relationship

JV Model can deliver “win-win” outcome to project generator and partner company.

*Ag Eq Calculation based on relative Au/Ag values for 2012; 1g Au = 53g Ag All $ values USD

8 | MRZ: TSX-V

Appendix : Disclaimer

Important Haywood Securities Notice & Disclaimer: This chart information is not a solicitation for the purchase of

securities, an offer of securities, or intended as investment research or advice. The information presented, while

obtained from sources we believe reliable is not guaranteed against errors or omissions. For Canadian residents:

Haywood Securities Inc. is a Canadian registered broker-dealer and a member of the Investment Industry Regulatory

Organization of Canada, the Toronto Stock Exchange, the Toronto Venture Exchange and the Canadian Investor

Protection Fund. For U.S. residents: Haywood Securities (USA) Inc. is a wholly owned subsidiary of Haywood

Securities Inc., registered with the U.S. Securities and Exchange Commission, and is a member of FINRA and the

Securities Investor Protection Corporation (SIPC).

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Company Altius Minerals Corp. Almaden Minerals Azimut Exploration Inc. Eurasian Minerals Inc. Midland Exploration inc. Millrock Resources Inc. Miranda Gold Corp. Mirasol Resources Ltd. Renaissance Gold Inc. Riverside Resources Inc. Strategic Metals Ltd. Globex Mining Enterprises Inc. Virginia Mines Inc. Kaminak Gold Corp. Evrim Resources Corp. Aurion Resources Ltd. Lara Exploration Ltd. Estrella Gold Corp. Solitario Exploration & Royalty Corp. Reservoir Minerals Inc.

Mirasol Resources

Project Generator Primed for Discovery

→ Review of Mirasol’s Headline Projects &

12 Month Business Objectives

10 | MRZ: TSX-V

Mirasol Resources: Profile

• Well funded – Approx. $29.8M CAD working capital (Cash & Shares)

• Conservative capital structure (44.2 M Shares)

• High-calibre project portfolio:

o Rubi JV First Quantum Minerals copper-gold porphyry Chile

o Five Headline Projects – large system / multiple targets / drill ready

• Discovery focused management & exploration team

• Demonstrated discovery success for Mirasol : Joaquin & Virginia deposits

• Delivered on business model with sale of Joaquin

Mirasol is primed for the next discovery

11 | MRZ: TSX-V

Mirasol Market Information – July 2014

Trading symbol: TSX.V: MRZ

Market capitalization: (July 1st 2014) $53.1 million

Shares issued and outstanding: 44,245,661

Warrants: N/A

Brokers compensation: N/A

Stock options: 3,697,800

Fully diluted: 47,943,461

Cash + Shares (CAD): Cash: $19.3 million

Shares: 1.1 million shares Coeur Mining (July 1st 2014)

$29.8 million

12 | MRZ: TSX-V

Stephen C. Nano, President, CEO and Director, BSc. (Hons.), +25 years in exploration

and management roles in Latin America, Asia Pacific and Central Asia for major mining

companies. +15 years in South America.

Timothy W. Heenan, Exploration Manager and Director, BSc., +25 years as exploration

geologist and program manager throughout the Americas, with small and large mining

companies. +15 years in South America

Mary L. Little, Director , MSc., MBA, +25 years as geologist, analyst and country

manager for major mining companies. +15 years in South America.

Nick DeMare, Independent Director, CA, President of Chase Management Inc. and Board

member of several TSX listed companies.

Borden Putnam, Independent Director, CA BSc. & MSc. 17-years as analyst for natural

resources hedge funds, 20-years within the mining industry in senior management

exploration and consulting positions. Working worldwide with Newmont and AMAX mining.

Bernie Zacharias, Chief Financial Officer, Co-founder of Avisar Chartered Accountants

since 2004 and CFO of several TSX Venture listed companies.

MA

NA

GE

ME

NT &

DIR

EC

TO

RS

People are Our Most Important Resource!

Su

pp

ort

ed b

y

Team of High Caliber Argentine, Chilean and Australian Geoscientists and Technicians

13 | MRZ: TSX-V

10 / 100% Mirasol owned projects

Rubi FQM JV: copper, gold Gorbea belt: strategic area play 2 headline projects: Atlas: silver, gold Titan: gold

3 headline projects: Claudia: gold, silver Curva: gold, silver Virginia: silver

23 / 100% Mirasol owned projects

Mirasol Resources

Santa Cruz Gold-Silver Projects

0 100

Kilometres

Santa Cruz

Argentina

Atacama Chile

• Excellent Project Portfolio

• 100% Mirasol owned

• Gold silver copper

• Geographic focus

Mirasol Project Generation

Oligocene-Eocene Belt

Miocene Volcanics Belt

Jurassic Igneous Rocks

Tertiary Igneous Rocks

Lithology

Mirasol Mineral Claims

Mirasol Earn-in JV Area

LEGEND

Mirasol Reconaisance Region

Rubi porphyry copper-gold project Chile

First Quantum Minerals JV

15 | MRZ: TSX-V

Rubi JV – El Salvador porphyry district, Chile

1. FQM can extend earning 1 or 3 - 2 years by making $500k payment per extension

2. FQM operates

3. Tenure fees part of FQM spend

4. Signed binding Letter Agreement which allows non-invasive exploration to proceed

Year 1 Minimum Spend

$1.5 M USD (no management fee)

3,000 m drilling

100% magnetic coverage

4 years 55% payment For $6.5 M USD + $1.1 M USD in staggered cash payments

+2 years 65% NI 43-101 compliant Indicated Resources

+2 years 75% Decision to mine

Provide to Mirasol financing 25% interest

Payback from 50% Mirasol cash flow

• Multi-target porphyry copper-gold project adjacent to world class El Salvador -

Potrerillos porphyry district

• Excellent JV deal terms

• Strong JV partner (First Quantum Minerals)

• Aggressive exploration program commenced November 2013

16 | MRZ: TSX-V

Rubi copper-gold JV - First Quantum Minerals

• FQM initiated exploration November

2013 – JV Spend to date ≈

$680,000 USD

• New property-wide, 2460 line km

helimag survey

• Extensive property-wide soil

program

• Detailed mapping & sampling

• Detailed alteration vectoring studies

• Integrated targeting & modelling

Multiple targets identified for

geophysical testing & potential

drilling

Drill permitting process initiated

Adjacent to world class El Salvador - Potrerillos porphyry district

Mine or adv. Project

Primarily Gold

Primarily Copper

Rubi – El Salvador District

Qda (Quebrada)

del Salado veins

gold-silver intermediate

sulphidation epithermal

no prior drilling

Lithocap

7 sq km of advanced argillic

alteration

high sulphidation/porphyry

copper-gold-molybdenum target

Pampa del Inca

gravel covered

porphyry & exotic

copper target

no prior drilling

Corner Zone

covered porphyry

copper target

no prior drilling

Portezuelo Target

outcropping porphyry stockwork

shallow drilling 1980’s

no modern exploration

copper-molybdenum-gold

porphyry target

Rubi

Property

Potrerillos Porphyry

District

22 250 Mlbs Cu &

25 Moz Au

El Salvador Porphyry

District

37 500 Mlbs Cu &

12 Moz Au

Mirasol Gorbea Gold Belt, Chile:

Atlas & Titan Gold-Silver Projects

18 | MRZ: TSX-V

Mirasol Gorbea Gold Belt, Chile New Strategic Area Play: 9 x 100% owned Mirasol Projects - Most Advanced Atlas & Titan

• Mirasol project generation

program

• 9 x 100% owned Mirasol projects

• Atlas & Titan new discoveries,

large outcropping gold-silver

system

• Epithermal oxide gold targets

• Conceptual porphyry copper-gold

target at Titan

• Atlas: Extensive surface

gold/silver rock chips & trenching

• Titan: Scout drill intersections up

to 18m @ 2.16 g/t Au Incl. 10m

@ 3.58 g/t Au

Mirasol/

First Quantum

Minerals-

Rubi JV

Mirasol

Gobea Gold Belt /

Atlas & Titan

Copper-Gold Mine/Advanced Prospect

Gold-Silver Mine/Advanced Prospect

Miocene-age Deposits

LEGEND

Oligocene-Eocene Belt

100% Mirasol Claims

Miocene Volcanics Belt

Mirasol Earn-in JV Area

Maricunga Gold Belt Total 82 Moz Au Total 243.6 Moz Ag Total 10 968 Mlbs Cu

19 | MRZ: TSX-V

Atlas Project – 7020 Ha 100% Mirasol Owned

El Dorado Project-1100 Ha 100% Mirasol Owned

Titan Project- 4120Ha 100% Mirasol Owned

Alunite Illite Kaolinite

ASTER Alteration

LEGEND

Pyropyllite

Magnetic

Depletion Zone

Ground Magnetic

Analytical Signal of the Vertical Integral (ASVI)

100% Mirasol

Claims Sulfidation Trend

Low High

Ground Magnetic Imagery:

Analytical Signal to Vertical Integral (ASVI)

Base Imagery:

Landsat-8 (USGS 2014)

• Atlas new prospects

identified

• Extensive at surface

gold & silver

geochemistry

• New trench gold/silver

channel samples

• New 5.4 sq. km IP

electrical geophysics

Gorbea Gold Belt: Atlas & Titan Projects, Chile 2 adjacent head line Projects / excellent result / good Access / workable Altitude

20 | MRZ: TSX-V

Atlas Project – Gorbea gold belt, Chile

Atlas All Surface Rock Chips

AGZ

ASZ

1 to 50.4

0.25 to 1

0.10 to 0.25

0.05 to 0.10

0.01 to 0.05

0 to 0.01

BDL to 0 Ro

ck

Ch

ip A

ss

ays

by G

old

Eq

uiv

ale

nt

Au

+A

g/5

5

50. 3 / 5.2

30.7 / 42.3

16.8 / 43.9

5 0 . 3 / 5 . 2

Labelled Rock Chip

Results

Silver (g/t) Gold (g/t)

Best 3 Rock Chip Samples

From beginning of project to June 2014

Gold / Silver (g/t)

By Gold By Silver

0.01 / 2470

0.08 / 639

0.06 / 592

0.01/247

0 0.02/592

0.15/415

Areas of Gold/Silver

Anomalous Rock

Chips

50.3/5.2

16.8/43.9 30.7/42.3

0.08/639

Atlas

Silver Zone

Atlas

Gold Zone

0.01/377

0.3/0.1

0/70.7

0/56.5

0/43.6

0.01/14

0.06/492

Pampa Zone

By

Go

ld

2.91/1.9

1.14/2.1

1.32/5.7

By

Silv

er

0.06/421 0.05/386

0.08/248 Pleiades Base Imagery

IP Resistivity

50m Depth Slice

Pleiades Base Imagery

10 500 100

IP 50m Depth Slice:

Resistivity (Ohm-m)

1000

NEW PAMPA ZONE

Anomalous Rock Chip up to

2.91 g/t Au & 421 g/t Ag

ATLAS GOLD ZONE

Anomalous Rock Chips

up to 50.3 g/t Au

ATLAS SILVER ZONE

Anomalous Rock Chips

up to 639 g/t Ag

Soil covered high-resistive

zone. Local outcrops of

strong quartz-alunite

alteration & elevated

Ba-As-Sb-Hg

Large gold-silver system / high grade rock chip assays with geophysical anomalies – defining drill target

MRZ Atlas

Project 7020 Ha

21 | MRZ: TSX-V

1 to 50.3

0.25 to 1

0.10 to 0.25

0.05 to 0.10

0.01 to 0.05

0 to 0.01

BDL to 0

Rock Chip Assays

by Gold (g/t)

Trench Collar & Trace

50m IP Resistivity

Contour Line

500

10

100

1000

50

m IP

(o

hm

me

ters

)

Re

sis

tiv

ity D

ep

th S

lic

e

50.3/5.24

30.7/42.3

16.75/43.9

7.72/28.5

5.05/23.4

7.03/0.37

8.96/44.7 7.46/56.9

Magnetic Structure

50m IP Resistivity

Depth Slice

Labelled Rock Chip

Results,

greater than 5.0 g/t

Au

Silver (g/t) Gold (g/t)

5 0 . 3 / 5 . 2 4

Funnel Shaped Resistive Bodies

Feeder Zone/Buried Dome?

Mirasol Atlas

Project-7020 Ha

AGZ Santiago

Antofagasta

Mirasol

Atlas Project

Location Overview: Tenure Overview:

Atlas Gold Zone (AGZ) Prospect – Priority Drill Targets

• AGZ prospect surface rock chip

samples define an 800 by 500 m area

with anomalous gold/silver

• 55 samples in the range 1-50.3 g/t Au.

outline multiple NW trending vuggy

silica structures.

• AGZ gold structures traverse 1.1 km

long trend with highly resistivity bodies

– hydrothermal feed zones (breccia’s?)

or buried domes.

• New trench channel of vuggy silica

structures & breccias, assay:

8.4 m @ 1.85 g/t Au,

11.3 m @ 1.32 g/t Au and

14.9 m @ 1.67 g/t Au

• Priority drill targets developing

22 | MRZ: TSX-V

Titan Gold Project – Gorbea Belt Chile encouraging oxide gold results from 1st round of drilling

• 700 by 660 m zone of

anomalous gold outlined in

trenches

• Best trench intersections:

194 m @ 0.41 g/t Au

inc. 31 m @ 1.36 g/t Au

10 metres @t 2.13 g/t Au

• Scout drill program with

encouraging oxide-gold

intersections:

18 m @ 2.16 g/t Au

inc. 10 m @ 3.85 g/t Au

10 m @ 1.87 g/t Au

inc. 8 m @ 2.24 g/t Au

• New surface & trench

mapping analysis

underway

• Evidence for conceptual

porphyry target suggested

at depth

LEGEND

Base Imagery:

Worldview-2 (ESRI 2012)

ASTER Alteration

Alunite

Illite

Kaolinite

Pyropyllite

Ground Magnetics (ASVI)

High Low

100% Mirasol

Titan Project

Joint Venture Earn-

in Claim

Mirasol JV earn-in

Vaquillas Project

Mirasol Titan

Project Area

23 | MRZ: TSX-V

10 / 100% Mirasol owned projects

Rubi FQM JV: copper, gold Gorbea belt: strategic area play 2 headline projects: Atlas: silver, gold Titan: gold

3 headline projects: Claudia: gold, silver Curva: gold, silver Virginia: silver

23 / 100% Mirasol owned projects

Mirasol Resources

Santa Cruz Gold-Silver Projects

0 100

Kilometres

Santa Cruz

Argentina

Atacama Chile

• Excellent Project Portfolio

• 100% Mirasol owned

• Gold silver copper

• Geographic focus

Mirasol Project Generation

Oligocene-Eocene Belt

Miocene Volcanics Belt

Jurassic Igneous Rocks

Tertiary Igneous Rocks

Lithology

Mirasol Mineral Claims

Mirasol Earn-in JV Area

LEGEND

Mirasol Reconaisance Region

24 | MRZ: TSX-V

Rio Seco

New drill targets

defined

R T P G r o u n d M a gn e t ic s

Ciline

New

prospect

AngloGold Ashanti

Vanguardia Vein Field

Laguna

Blanca

Ailen

Curahue South

Mirasol Claudia

Cateo – 129 333 Ha

Cerro Vanguardia

8.1 MOz Au & 117 Moz Ag

Claudia Gold & Silver – Santa Cruz Argentina Extension of AngloGold - Ashanti Cerro Vanguardia Vein System - Mine

• 5 epithermal prospects with extensive surface & trench gold-silver results

• New drill targets defined by geophysics/rock chip assays at 14 km long Curahue trend & Rio Seco vein zone

High Low

Magnetic Grid

Gold Equilivent

Au + Ag / 55 (g/t)

LEGEND

25 | MRZ: TSX-V

• Strategic project in new gold district

• Four large gold-silver prospects identified / no previous drilling

• Potential for high-grade & bulk mineable gold mineralization

• 6 km long La Castora trend with 3 separate drill targets defined by gold-silver assays / geology & geophysics

• Drill-ready targets at Chato, Arthur & Southwest prospects

Curva Gold & Silver – Santa Cruz Argentina New District / Four prospects / No Drilling

Mirasol La Curva – 36 600 Ha

Mirasol: Objectives & investment rational

27 | MRZ: TSX-V

Mirasol – Forward focus & objectives

Focus on our core business model – Project Generator JV company

o Chile focus of our spend / project generation / project exploration

o Argentina represents a counter cyclic investment opportunity

Build our generative pipeline – our R&D investment & life blood of this company

o Chile: Concept driven generation & early stage project acquisition

o Argentine: strategic consolidation in key districts / low holding cost

JV deals on headline properties in Chile & Argentina - release value to

our shareholders via discovery – Gorbea Belt & Argentine headline projects

Slow the burn rate – targeting corporate + exploration spend Fy2015

USD $6.1 to 5.5M

Evaluate accretive business opportunities

Improve information flow to our shareholders & the Market so they can make

informed investment choices

28 | MRZ: TSX-V

Mirasol: Why Invest ?

• Well funded – Approx. $29.8M CAD working capital (Cash & Shares)

• Conservative capital structure -

• High-calibre project portfolio:

• Rubi JV First Quantum Minerals copper-gold porphyry Chile

• Five Headline Projects – large mineral system / multiple targets / drill ready

• Discovery focused management & exploration team

• Demonstrated discovery success for Mirasol : Joaquin & Virginia Silver deposits

• Delivered on business model with sale of Joaquin

Mirasol is primed for the next discovery

29 | MRZ: TSX-V

• Well Funded

• Strong Rubi JV

• Five Headline Projects

• Management Focused On Shareholder Value

Booth 17

Vancouver Island Room

Speaker: Stephen Nano

President & CEO TSX.V: MRZ