Mirasol Resources Ltd. provided an update on the Company's Altazor and Gorbea projects, two high sulfidation epithermal ("HSE") Au projects in Chile. At Altazor, Mirasol has received notice from Newcrest International Pty Ltd., a subsidiary of Newcrest Mining Ltd. ("Newcrest") that it is terminating the Option and Farm-in Agreement (the "Agreement"). However, Newcrest will continue exploring at Gorbea and is preparing for a drill program, with planned commencement in the fourth quarter of 2021. Under the amendment announced on December 29, 2020 for Gorbea, Newcrest has to complete at least 2,000m of drilling before the end of 2021 and an additional 6,000m before the end of 2022. Altazor Project: Altazor is a HSE Au project covering 33,000 ha and located in an underexplored section of the Mio-Pliocene age mineral belt. Altazor has favourable infrastructure situated just 20 km south of 345 kV powerlines that follow International Highway Route 23, a paved road connecting northern Chile and Argentina. The project is located at altitudes of between 4,000 and 5,200m, but has good "drive-up" access through an open valley and a network of easily passable gravel tracks. Mirasol's initial reconnaissance sampling, completed in 2017 and prior to the Agreement with Newcrest, covered approximately 50% of the project area. A total of 216 stream sediment, 395 soil and 933 rock chip samples were collected and returned significantly anomalous Au, Ag, Cu, Pb, Zn and epithermal path finder elements, from sampling in the vicinity of mapped breccia bodies. These results showed geology, alteration patterns and Au ppb-level anomalous assays in soil and rock chip samples comparable to those reported from surface sampling at Gold Fields' Au-Ag HSE Salares Norte development stage project (Reserves: 3.5 Moz Au and 39 Moz Ag), which has a geological setting similar to Altazor in the Mio-Pliocene mineral belt of Chile.