a premier project generator - mirasol...
TRANSCRIPT
CHILE / ARGENTINA
GOLD / SILVER / COPPER
A PREMIER PROJECT GENERATORFocused On The Next Discovery
TSX.V: MRZmirasolresources.com
PRECIOUS METALS SUMMIT - Beaver Creek 2018
For Further Information:
Stephen Nano, President & CEOJonathan Rosset, VP Corp Development
Cautionary Statement
This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other thanstatements of historical fact, that address future operations, resource potential, exploration drilling, exploitation activities and events or developmentsthat the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and aregenerally, but not always, identified by the words “expects”, “plans” “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similarexpressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Information inferred from the interpretation of drilling resultsand information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of whatmight 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 differmaterially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-lookingstatements 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 ordevelopments 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 theseforward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change, except as may be required byapplicable law.
This presentation may use the term “indicated resource”. The Company advises investors that although this term is recognized and required by Canadiansecurities regulations (under National Instrument 43-101 “Standards of Disclosure for Mineral Projects”), however the US Securities and ExchangeCommission does not recognize this term. Investors are cautioned not to assume that any part of or all of the mineral deposits in these categories willever be converted into reserves.
All material project information in this presentation has been previously disclosed to the public by Mirasol.
Stephen Nano, President and CEO for the Company and a “Qualified Person” under National Instrument 43-101, has reviewed and approved the scientificand technical information in this presentation.
MIRASOL RESOURCES
Portfolio Overview: Large High Caliber Gold – Silver – Copper Project Portfolio in Chile and Argentina
3
Last Year: FY 2017/2018
Partner-funded exploration work:
→ Aggressive Programs Planned
for FY2018/19
Argentina: Claudia JV – OceanaGold
Argentina: Curva JV – OceanaGold
Chile: Altazor JV – Newcrest MiningCA$ 9 M
2017
2017
2017
Chile: Zeus JV – Newcrest Mining 2018
9 Drill Ready Property PackagesChile and Argentina
25 Early Stage Pipeline Projects
Business Development +
Mirasol Funded Exploration Strategy
500 km
ATACAMA PUNA GENERATIVE REGION
SANTA CRUZ GENERATIVE REGION
JV Project
Deal Ready /Pipeline Project
Chile: Indra JV – Hochschild Mining 2018
Strategy: Accelerating drill testing and the Path to Discovery
4
REW
AR
D (
de
po
sit
siz
e,
reta
ine
d in
tere
st)
RISK ($ to test, time, target type)
Mirasol Expanded Exploration Strategy
Self Funded Exploration on select projects
JV Model on Large Scale
Targets
JV Model on smaller scale
targets
Traditional Exploration
model
Expanded Exploration Strategy in place:
→ Retain the Project Generator Model as a central pillar of the business philosophy
→ Self funding of high grade / infrastructure advantaged / lower risk projects
→ Partner funded drill testing of large-scale, high risk / high reward projects
20 to 30%
3 Moz +
100%
1 to 3 Moz
Partner fundedJV Model
Mirasol funded exploration
Mirasol Retained Project
Funding in place:
→ Completed C$8.6M Placement in June 2018 (70% over-subscribed)
→ C$25M in bank (June 30, 2018)
Exploration Activities FY2018-2019: An Active Year Ahead
5
Altazor Newcrest Targeting / planning
Zeus Newcrest Targeting / planning
La Curva OceanaGold Targeting / planning
Claudia OceanaGold Targeting / planning
Indra Hochschild Initiated surface program
Nico Mirasol Surface + Drilling
Argentina Pipeline Mirasol Surface Exploration
Chilean Pipeline Mirasol Surface Exploration
Projects Funding Programs
Multiple Concurrent Drilling
and Exploration Programs
Drilling + Surface
Exploration Programs
→ Funding and Partners in place to deliver aggressive exploration programs this year→Opportunity for investors to gain exposure to potential discovery and strong news flow
Business Development Focus: Focused on Delivering Flow of New Deals
6
Previous Partners Current Partners
→ Track record for strong deals with quality partners on our projects in Chile and Argentina
5 partner funded Projects8 partner funded Projects→ 1 discovery / 7 returned without retained interest by partner
Arge
ntin
aC
hile
50 km
Gobernador
Gregores
Las Heras
Puerto
Deseado
Fitzroy
Perito
Moreno
San Julian
Bajo
CaracolesVirginia
Sascha
Nico
Homenaje
Espejo
Libanesa
Mirasol Projects: Extensive Gold – Silver - Copper Portfolio in World Class Mining Belts
7
5 Option to JV agreements with producers: Altazor, Zeus, La Curva, Claudia,Indra → Targeting large scale discoveries
Extensive Portfolio of Drill Ready Projects in Chile and Argentina – Odin, Rubi, Gorbea, Nico, Virginia/Sascha, Homenaje/Espejo, Libanesa, Amarillos, IDO Gold
Pipeline Projects includes leading position in the Prospective Mio-Pliocene mineral Belt
Argentina: Santa Cruz Au + Ag 13 Projects / 420,000 ha
La Curva JVOceanaGold
Claudia JVOceanaGold
Taltal
Copiapo
El Penon
El Guanaco
Inca de Oro
Relincho
Argentina
Chile
Antofagasta
100km
Taca Taca12MT Cu
Taltal
Antofagasta
ChuquicamataCluster
Copiapo
Potrerillos
Gaby
El Salvador
EscondidaCluster
100km
Argentina
Chile
Salares Norte3.7 Moz Au
49.5 Moz Ag
Veladero
Chile
Alturas6.8 Moz Au
La Coipa
Argentina
100km
Zeus JVNewcrest Mining
Altazor JVNewcrest Mining
Gorbea
Paleocene Igneous Belt Oligocene Igneous Belt Miocene Igneous Belt
Significant Au Deposit Significant Cu Deposit
Odin
Rubi
CentinelaCluster
MaricungaBelt
El IndioBelt
Chile: Paleocene Au + Ag8 Projects / 32,100 ha
Chile: Oligocene Cu5 Projects / 41,100 ha
Chile: Mio-Pliocene Au + Cu24 Projects / 125,400 ha
Amarillos
IDO Gold
Antofagasta
Iquique
Copiapo
Indra LOI *Hochschild
Mining
Taltal
Jurassic Volcanics
* Subject to DD / executionProjects and hectares values as at Q3 2018 financial statement
Chile
Exploration and Business Development
Chile: Building On A Track Record Of Attracting Partners To District Scale Projects
9* Gold Fields Mineral Resource and Mineral Reserve Supplement to the Integrated Annual Report 2017.
Mantos Blancos
Chimborazo
Escondida
El Peñon
Taca Taca
Gaby
Antofagasta
Argentina
Chile
Taltal
5
475
23
Chañaral
Socaire
La Coipa
Potrerillos
El Salvador
Inca del Oro
50 km
Nueva Esperanza
Altazor JVNewcrest
MiningOdin Cu Project
Rubi Cu Project
Salares Norte*3.7 Moz Au,49.5 Moz Ag
Zeus JVNewcrest
Mining
Indra LOIHochschild
Mining
Under Joint Venture
Business Dev. Focus
Pipeline
Gorbea Belt Au-AgProjects
Mirasol Properties
→ Competitive technical and operational advantage
→ Demonstrated capacity to deliver high quality, district-scale precious metal projects
→ Seeking additional partnership to accelerate exploration of our portfolio
Positioning:• Portfolio of attractive projects in world-class Au/Cu belts• Exploring for bulk mineable Oxide High Sulfidation Epithermal (HSE) in
Mio-Pliocene Belt since 2010 → early mover advantage• Leading edge geoscience driven approach → identify / secure / test new
targets• Generative, exploration and claims management teams in place
Business Development: • Focused BD effort to attract additional partners:
• Copper: Odin, Rubi• Gold/Silver: Gorbea package (Atlas, Titan + regional targets)
Mio Pliocene generative effortPaleocene Gold property package
• Upper levels of a large epithermal precious system
• Two prospects: Agni (large alteration system) and Indra (large vein and breccia zone)
• Prospective geological age, within a favorable structural setting
• Low elevation with year-round access and adjacent to mine infrastructure
• First phase program to include: detailed geological mapping, rock chip sampling, alteration vectoring studies and ground magnetics to develop drill targets
10
Hochschild Mining Chile: Indra Project – New LOI for an Option to JV Agreement With Program Initiated In Fall 2018
US$ 50K signing payment and US$ 800k committed spend over 18 months
Argentina
Chile Bolivia
Chile
SalaresNorte
La Coipa
MarteLobo
Inca de Oro
SpenceSierra Gorda
El Guanaco1.37 Moz Au5.75 Moz Ag1
El Penon6.95 Moz Au 188.1 Moz Ag1
San Cristobal0.99 Moz Au5.4 Moz Ag1
Chuquicamata
Esperanza
Gaby
Escondida
Taca Taca
El Salvador
Potrerillos
El Abra
Toki
Indra Project
Antofagasta
Tocopilla
Taltal
100 km
N
1 S&P Global Market Intelligence
→ LOI in place in August 2018, subject to DD and definitive agreement execution
→ Initiated exploration program in September 2018. Crew in the field
→ Targeting multi-million ounce precious metal deposit
MRZ Funded Interest 30%
MRZ Partner Funded Interest 25% PEA
US$ 6M Exploration Expenditures$725,000 option payments
51% 70%75%
FS
60%
+fund
4.5 years 3 years 3 years
Newcrest Mining Chile: Zeus JV Project Initial Surface Exploration Program Completed
11
→ Targeting multi-million ounce gold deposit
→ Partner-funded CA$820K exploration expenditures to June 2018
→ Second season program and budget planning in progress
Characteristics• 40 km ESE of the multimillion oz Gold Fields Salares Norte discovery • Large-area Au target: 18,480 ha of contiguous claims • Two breccia-hosted gold targets – the Artemisa and Apollo • Gold grades from rock chip sampling of up to 1.28 g/t Au
Program completed the end of May 2018• Detailed mapping and rock chip + Systematic soil sampling geochemistry • CoreScan alteration mapping + CSAMT geophysics
Zeus 1st Floor claims Prospects
ArtemisaBreccia
ApolloBreccia
5 km
Zeus Project
18,480 ha
Esri World Image
Committed: US$ 1.5M spend over 18 months, 100k signing payment
5.5 years 2 years 2 years
MRZ Funded Interest 25%
MRZ Partner Funded Interest 20% PEA
$650k cash
US$ 9.5M Exploration Expenditures$500,000 option payments
51% 75% 80%
FS
65%
+fund
Newcrest Mining Chile: Altazor JV Project Initial Surface Exploration Program Completed June 2018
12
→ Targeting multi-million ounce HSE gold deposit
→ Incurred partner-funded CA$1.8M exploration program to June 2018
→ Second season program and budget planning in progress
Characteristics• 7.8 Ma in key “fertile” age bracket → Pascua, Veladero, Salares Norte giant HSE
Gold Deposits• Extensive (70km2) steam heated cap, advanced argillic alteration, silicification
and local vuggy quartz• Multiple breccia complexes mapped• Anomalous gold, silver, copper, lead, zinc in prospective geological setting
Program completed to the end of May 2018• Detailed mapping and rock chip + Systematic soil sampling geochemistry • CoreScan alteration mapping + Ground Magnetic coverage + 66 line-km CSAMT
geophysics
Altazor Project22,900 ha
Altazor Core
QuebradaAlunita
La Puerta Purichari
Centinela East
Pirofilita
QuebradaSulfuros
Base Image: ALOS DSM
500 m
Legend
Monzodiorite
Polylithic Breccia
Alluvium Colluvium Pre/syn- altered volcanics (dacitic)
Eplicastic Rock
Dacite (A)Dacite Tuff (F)
Dacite (P)Volcanic Breccia/Tuff
Geology
Altazor Property
Committed: US$ 1.5M spend over 12 months, 100k signing payment
MRZ Funded Interest 25%
MRZ Partner Funded Interest 20% PEA
$650k cashUS$ 10M Exploration Expenditures
$600,000 option payments
51% 75%
FS$650k
65%
5 years 2 years 2 years
+fund
80%
“Yellow” hydrothermal breccia (qtz-jar-alu-bar-Au) high grade
Mirasol Project Chile: Gorbea – 23,000 ha in 9 projects, drilling only at Atlas and Titan → New JV Partner Project Evaluations In Progress
→ Previous JV Partner spend of CA$10 M on the properties and drilled 11,640 m
→ 650 x 200 x 125 m body of gold mineralization identified
→ 100% MRZ owned (no retained interest)
→ Confirmed presence of a large, deeply oxidized and strongly mineralized HSE gold system
→ Large-area Au target in the prospective belt → Under-explored opportunity
→ Comprehensive review of data and new partner search initiated
Phreatomagmatic breccia
2017 Drill hole
Porphyritic andesite / Lithic crystal dacitic tuff
L
V
Colluvium
Inferred geological contact
Hydrothermal breccia complex with vuggy silica (qtz-alu±cream silica)
2016 Drill hole
Figure Modified from: 13
Four drill intercepts outlined a 650 x 200 x 125 m body gold mineralization:
• CLATDH0015 – 114.1m @ 1.07g/t Au incl. 36m @ 2.49 g/t Au• CLATRD0007 – 40m @ 1.38g/t Au and 17.9g/t Ag incl. 28m @ 1.82g/t Au and 22.0g/t Ag• CLATRD0010 – 54m @ 0.35g/t Au and 5.5g/t Ag incl. 10m @ 1.02g/t Au and 6.2g/t Ag• CLATDH0016 – 45.8m @ 0.32 g/t Au
ASTER Alteration
Alunite
Chlorite
Epidote
Illite
Kaolinite
Pyrophyllite
MRZ GorbeaGold Belt Claims
MRZ GorbeaGold Belt HighLow
Ground MagneticsReduced-to-Pole (RTP) Grid
ATLAS
TITAN
EL DORADO
SIRIO
VENTURA
ORIONALTAMIRA
ALDEBARAN
10 km
DANAY
VV
V
L
L
L
L
L
V
V
V
V
V
V
V
LL
L
L
LL
3800
4200
71
93
20
0
71
93
00
0
V
L
?
L
V
V
V
71
92
80
0
CLATRD0007CLATRD0010
“Steam Heated Zone” Prospect
CLATDH0016NW
42m @ 0.15 g/t Au
45.8m @ 0.32 g/t Au
L
L
V
V
V
V
V
V
V
4000
?
V
V
CLATDH0015
SE
UntestedTarget
NW block up
114.1m @ 1.07 g/t AuIncluding 36m @ 2.49 g/t Au OPEN System
MIRASOL RESOURCES LTD
Focused on gold & silver discovery
Argentina
Exploration and Business Development
50 km
Gobernador
Gregores
Las Heras
Puerto
Deseado
Fitzroy
Perito
Moreno
San Julian
San JoseHochschild/McEwen Mining
Cerro NegroGoldcorp
MarthaHunt
Mining
Cerro VanguardiaAngloGold/Formicruz
COSEPan American
Claudia JVOceanaGold
Bajo
CaracolesVirginia
Sascha
Nico
La Curva JVOceanaGold
Joaquin Pan American
HomenajeDon NicolasCiminas
Espejo
Cerro MoroYamana Gold
Argentina: Large Portfolio of High Grade Gold - Silver Projects
15
Santa Cruz
Province
Argentina
Chile
Libanesa
TranquiloPatagonia Gold
Road
TownAu/Ag Mine/Resource
Ag Mine/Resource
Jurassic Volcanics
LEGEND
Under Joint VentureJV/Drill Ready Pipeline
MRZ PropertiesProcessing Plant
Trucking radius to operating mines
Mirasol funded exploration
Manantial EspejoPan American Silver
→ Mining Province 6 >> 7 operating mines
→ Mirasol’s leading project portfolio in Santa Cruz
→ 13 Gold - Silver properties totalling + 400,000 ha
• Drilling planned for high grade Nico Project• 2 JVs with strong partner - OceanaGold• 3 additional Drill Ready projects• Large Pipeline of early stage projects
• Mirasol Exploration focused on near mine high grade projects → infrastructure advantage
• Nico: Drill Test planned• Libanesa: Additional surface work
• Business Development focus on:• Virginia• Sascha • Homenaje
OceanaGold Argentina: Targeting High Grade Low SulfidationGold – Silver in Argentina
16
→ 2 strong deals with successful producer → OceanaGold (OGC)
→ Targeting standalone high grade gold and silver deposits
→ Combined JV spend of CA$3.7M to June 2018
• First drilling program completed at Curva: Results released. Phase II drill planned for Q4 2018
• First drilling program at Claudia completed: Results released. Budgets and plans for next field season under review
Cerro Vanguardia8.9 Moz Gold &~137 Moz Silver(approximate reserves and historic production)
10km
Claudia Project
2.5km
*Gold Equivalent = Gold + Silver / 60
LA CASTORA TREND
La Curva Project
CURVA WEST
RIO SECO
CELINE
CURAHUE
La Curva US$ 1.25M spend, 3000m drilling commitment completed
US$ 1.75M spend, 3000m drilling, 100k signing payment
MRZ Funded Interest 30%
MRZ Partner Funded Interest 25% PEA
US$ 7M Exploration Expenditures$1.25M option payments
4 years 4 years
51% 70%75%
FS
60%
Min
e D
ecis
ion
65%
Claudia
+fund
MRZ Funded Interest 30%
MRZ Partner Funded Interest 25% PEA
US$ 10.5M Exploration Expenditures$1M option payments
4 years 4 years
51% 70%75%
FS
60%
Min
e D
ecis
ion
65%
+fund
17
OceanaGold Argentina : Curva West prospect – A New Quality Drill Target For the Upcoming Season
Claims Boundary
Target 3
Target 5
Target 4
Au g/t /Ag g/t20.73/18
15.22/36.414.25/26.6
Au g/t /Ag g/t1.72/15.31.28/6.4
1.93/153.6
Target 2:Au g/t /Ag g/t
1.67/0.9
Au g/t /Ag g/t
12.9/62.4
Target 1Au g/t /Ag g/t
1.44/30.61.39/8.5
Target 6
Pipeline
Prospect
Graben
Prospect
Permo-TriassicGranite
JurassicVolcanics
Gravel Cover
Gravel Cover
Gravel Cover
RhyoliteDome
1,000m
Curva West Prospect
+ ++ ++ +
+ ++ +++
+ ++ ++
++ ++ +
+ ++ ++ +
+
+
+ +++
+
+
+ ++ +
+++ ++ +
Target 3Au-Ag vein clasts in
altered epiclastic
Kaolinite-Dickite
alteration of epiclastic
matrix
Argillic alteration halo
Jurassic Chon Aike volcanic
graben
Permo-Triassic granite horst
block
Exploration target epithermal
mineralization hosted by block bounding
faults
Exploration target mineralization
pooled beneath volcanic flow
dome
Target 1 / Target 2Eroded Au-Ag vein clasts in altered epiclastic sedimentA
B
500 m
Pipeline Prospect Graben ProspectCross-Section
→ Curva West: an attractive new target for drilling this year
→ Similar geological settings to other significant Jurassic Aged deposits
• Rock chip returned high grade results. Up to: • 20.73 g/t Au and 18.0 g/t Ag
• Highly prospective geological setting analogous to other significant gold systems:• Cerro Negro in Argentina• Fruta del Norte in Ecuador
• Drill program planning and permitting well advance for Q4 2018 drill test
Gold Equivalent = Gold + (Silver / 60)
→ High grade intermediate sulfidationepithermal silver-gold district
→ Within trucking distance to nearby mines
→ 4 prospects identified to date
→ Field program starting now with initial drill test planed for Q4 2018
• Large, under explored land package
• 12 targets zones identified by high grade silver – gold vein-breccia rock chip assays
• Peak grades from rock chip sampling: up to 35 g/t Au; Up to 6,000 g/t Ag
Mirasol Project Argentina: Nico Project - Drilling a New Bonanza Grade Silver – Gold District
1 2002-2012 Martha production figures derived from Coeur D’Alene Annual Reports, 2002-2012.
Martha resource located 45 km to south, displayed at same scale for reference 1
→ 700 m strike 20.8 million oz Ag & and 26,729 oz Au 2
→ Avg. Ag grade = 1087.6 g/t Ag→ Avg. Au grade = 1.39 g/t Au 1500m
Aurora Vittoria
Endeavour
Resolution
1,500m
4
5 k
m
5.0 to 103
2.5 to 5
2.0 to 2.5
Rock Chip Assays Gold Equivalent Au+(Ag/60)
1.0 to 2.0
0.5 to 1.0
0 to 0.5
Target area fordetailed exploration
ResT1
Nico ProjectResolution Prospect
Aurora and Vittoria
Prospects
Endeavour Prospect
Mirasol Drill Test: Nico Project, Resolution Prospect – Bonanza Grade Gold - Silver
19
58o
60o
78o
61o
250 m
N
Nico Project73,200 ha Resolution
Prospect
Aurora and Vittoria
Prospects
Endeavour Prospect
Geology
Au/Ag Vein Trend
Interpreted Structure
Salt Pan/Alluvial
Soil Cover
Porphyritic Sub-volcanic Dacite
Basalt Capping Flows
Hydrothermal Alteration
Strike and DipMeasurement
↑ Post Mineral
5.0 to 103.1
2.5 to 5
2.0 to 2.5
1.0 to 2.0
0.5 to 1.0
BDL to 0.5
Resolution Main Structure Zoom
500 m
15 km
7.9 g/t AuEq60
471.6 g/t Ag,0.13 g/t Au
8.1 g/t AuEq60
485.9 g/t Ag,0.05 g/t Au
6.62 g/t AuEq60
397.9 g/t Ag,BDL Au
26.2 g/t AuEq60
1,275.5 g/t Ag,4.92 g/t Au
27.6 g/t AuEq60
1,319.5 g/t Ag,5.59 g/t Au
103.1 g/t AuEq60
6,181.4 g/t Ag,0.1 g/t Au
48.5 g/t AuEq60
2,332.3 g/t Ag,9.62 g/t Au
Rock Chip AssaysGold Equivalent 60Au+(Ag/60)
2.9
30.2
Ch
arge
abili
ty m
V.V
49.3 g/t AuEq60
2,954.5 g/t Ag,0.08 g/t Au
Base Image – PDP-IP Chargeability 50m Depth Slice on Quickbird Imagery
→ 2.1 km x 230 m vein zone: Priority drill target high grade silver- gold mineralization
→ Bonanza grade silver – gold assays from systematic rock chip sampling of coliform banded veins over 1.2km long sections of main vein breccia
• Better assays from oxidised veins includes:
• 6,181.4 g/t Ag and 0.1 g/t Au (103.1 g/t AuEq60)
• 9.62 g/t Au and 2,332.3 g/t Ag (48.5 g/t AuEq60)
• Prospective down dip electrical IP electrical geophysical anomaly
• Potential for significant sulfide mineralization down dip of high grade vein-breccias
32.9 g/t AuEq60
1,484.7 g/t Ag,8.15 g/t Au
25.3 g/t AuEq60
1,435.9 g/t Ag,1.37 g/t Au
Mirasol Drill Test: Nico Project, Aurora Gold - Silver Prospect Reconnaissance Rock chip Sampling
20
• Rock chip samples assays up to 35.09 g/t Au and 2,095.9 g/t Ag
• Exploration to start late September 2018 with systematic mapping and sampling.
• Drill testing planned this field season
500 m
New Vein Trends Discovered
Aurora Prospect
Tertiary Basalt
Jurassic Ignimbrites
JurassicFlow Dome
5.0 to 37.6
2.5 to 5.0
1.0 to 2.50.5 to 1.00.25 to 0.5
Rock chip assays (g/t) AuEq60 = Au+(Ag/60)
Alteration/ Mineralization Trend
0 to 0.25BDL
Jurassic Flow Dome
Jurassic Volcanics
→ Aurora Prospect: 9 priority targets for high grade gold - silver mineralization
→ 4 x 2.1 km area with multiple vein trends defined by high grade rock chip assays
250 m
15.1 g/t AuEq60
256.7 g/t Ag,10.8 g/t Au
Rhyolitic Flow Dome
28.9 g/t AuEq60
454.1 g/t Ag,21.4 g/t Au
37.6 g/t AuEq60
856.9 g/t Ag,23.3 g/t Au
8.7 g/t AuEq60
449.8 g/t Ag,1.2 g/t Au
15.3 g/t AuEq60
7.8 g/t Ag,15.2 g/t Au
22.5 g/t AuEq60
262.4 g/t Ag,18.1 g/t Au
35.6 g/t AuEq60
30.3 g/t Ag,35.1 g/t Au
Jurassic Ignimbrite
s
Jurassic Ignimbrite
s
35.1 g/t AuEq60
2,095.9 g/t Ag,0.14 g/t Au
In Summary
Mirasol Resources Looking Ahead: News Flow
22
• Pending: Exploration results from the Newcrest Zeus CA$820K surface exploration program
• Pending: Exploration results from the Newcrest Altazor CA$1.8M surface exploration program
• Pending: Results from Atlas – Titan data reprocessing and analysis
• News flow from business development strategy for deals on JV ready projects
• News flow from aggressive JV and Mirasol funded exploration and drilling
Strong News flow – both pending results and from planned FY 2019 programs
→ Multiple partner-funded drilling and exploration programs
→ Mirasol funded exploration - Drill testing at Nico and surface work in Chile and Argentina
→ Continued Business Development initiatives to deliver new property deals
Mirasol Resources: Corporate Summary
23
Cap
ital
Str
uct
ure
Port
folio
Skill
s• Well-funded
• C$ 25M cash (June 30, 2018)
• Conservative capital structure • 53.7 M shares outstanding• 3.2 M Stock options outstanding• 2.2 M warrants outstanding (C$ 3.00, expiring June, 2020)
• Aligned interest with ~30% insider position
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www.mirasolresources.com
• Multiple Active JVs – strong partners, strong projects, strong deals
• Large portfolio of drill-ready projects
• Pipeline of early stage projects in Chilean / Argentine world-class mineral belts
• Leading-edge technology and discovery team
30%
25%
45%
InsidersInstitutional InvestorsHNW and Retail Investors
Share Distribution
Notes
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