Mirasol Resources Ltd. reported that exploration has resumed at the Company?s 100%-owned Sobek Copper-Gold Project (?Sobek? or ?the Project?) in the Vicuña Copper-Gold-Silver District of Chile. The field program is currently underway in preparation for the continuation of the maiden drill program that was suspended late last season due to the onset of winter weather.

Drilling is scheduled to start at Sobek Central early in First Quarter 2024, following which the drill is expected to be mobilized to Sobek North. Sobek was staked by Mirasol in 2016 based on prospective local geology and attractive structural architecture prior to the 2021 discovery of the high-grade feeder zone at the Filo del Sol gold-copper deposit. The Project is located on the same trend and just 7 km to the east of the Filo del Sol deposit and only 3 km to the southeast of NGEx Mineral?s discovery at Lunahuasi (formerly Potro Cliffs).  Sobek Central ?

Continuing the Maiden Drill Campaign: Exploration at Sobek is currently well underway with all permits and community access agreements in place. The completion of the new access road has substantially improved exploration crews? access into the area to continue field evaluation at a much more detailed scale.

Exploration activities currently underway include detailed geological and structural mapping, sampling, and alteration analysis along the new road cut where the prospective targets concealed by a thin layer of transported scree cover have been exposed. Electrical IP geophysical surveys to help detect alteration and/or mineralization within the rock units in the sub-surface environment are scheduled to start shortly at both the Sobek Central VN-Zone and the El Potro prospect at Sobek North. The 500-line km airborne Mobile MT geophysical survey outlined a striking cluster of large oval-shaped anomalies, which are interpreted to represent deeply seated intrusive centers.

The Airborne Mobile MT has high-definition depth penetration to greater than 800m depth below surface and has been proven effective in defining targets in high-sulfidation epithermal (HSE) and porphyry systems elsewhere in Chile. Both the VN-Zone and VN-Zone North targets at Sobek Central lie on the peripheral rims of these oval-shaped MT responses. The priority target at the Sobek Central VN-Zone is scheduled to be drill tested early in First Quarter 2024, following which the drill is expected to be moved to Sobek North to test the EL Potro Zone target.

A combined 3,000 meters of drilling is planned. Priority Drill Target ? Sobek Central ?

VN-Zone: The VN-Zone was elevated as a high priority target late last season when high gold grades were recovered from prospecting, with results up to 5.0 g/t gold and 2,200 ppm copper sourced from select grab samples (news release dated June 27, 2023). The VN-Zone sits on the northern outer cusp of a very large oval-shaped Mobile MT anomaly, with dimensions of 1.5km x 2.0km which is interpreted to represent a prospective deeply seated intrusive center. With the access road now complete into the VN-Zone, detailed geological and structural mapping and geochemical sampling is underway in preparation for this season?s drill campaign.

A new occurrence of mineralized ?M? veins (VN-Zone North) was exposed along the road cut enroute to the VN-Zone. The VN-Zone North is located approximately 1.4 km north-northeast of the VN-Zone and sits on the eastern edge of the northern-most Mobile MT anomaly. Samples collected from the road-cut exposure returned values of 1.37 g/t gold and 663 ppm copper, and 0.54 g/t gold and 411 ppm copper.

These strong gold results are all sourced from sheeted ?Maricunga Type? quartz-magnetite veinlets with argillized margins. The ?M? veinlets contain anomalous values of associated copper mineralization (2,220 ppm), which is typical in Chilean gold-copper ?Maricunga Type?

porphyry deposits. Priority Drill Target ? Sobek North ?

El Potro Zone: Sobek North surface exploration is also currently underway over priority targets at the El Potro Zone in the SE corner of the Sobek North claim block, which is located approximately 3 km southwest of NGEx?s new Lunahuasi discovery. Exploration includes electrical surface-based IP geophysics over the recently discovered El Potro East zone which has returned very encouraging geochemical results from rock chip samples, including up to 4.3g/t gold and 26 g/t silver from HSE-type veinlets and silicified breccia structures, located at a topographically higher elevation (+400m) above the more copper/molybdenum porphyry style of mineralization which returned 0.65% copper and 105 ppm molybdenum. High-Profile VicuñaCopper-Gold-Silver District: Sobek is located within a prospective geological environment with a compelling north-northeast trending mineralized structural corridor crosscut by a north-northwest trending deep-seated trans-cordilleran lineament.

This is a common structural configuration hosting several southern Andes metal deposits in both Chile and Argentina. The Project comprises a large block totaling 11,120 ha of exploration claims in three strategic locations, the North, Central and South blocks within the Vicuña Copper-Gold-Silver District. The high-profile district includes multiple deposits in close proximity of Sobek, including the Filo del Sol mid-Miocene epithermal porphyry gold-copper deposit 7 km to the east; the recent NGEx discovery at Lunahuasi (formerly Potro Cliffs) 3 kilometers to the east, the Josemaria copper-gold project 10 km to the east-northeast; the Los Helados Porphyry copper-gold breccia system 20 km to the northeast; and the giant Eocene El Morro Porphyry copper-gold deposit 16 km to the west-southwest.