Speaker: Stephen Nano

President & CEO

Sprott Stansberry

Investment Conference

Booth 13, July 2015 TSX.V: MRZ

Building Resource Partnerships To Unlock The Value

Of Mirasol’s Project Bank

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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

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Mirasol – Why Invest?

• Well funded Approx. $22M CAD

• Conservative capital structure

• 44.2 million shares outstanding

• 47.8 million fully diluted (3.6 million options)

• Large “Mirasol Project Bank” Leverage for additional JV’s

• 10 Drill projects

• 6 Headline projects - large mineral systems, multiple drill targets

defined Big Company Targets

• Gorbea Gold Belt New Joint Venture, Strong Strategic Partner

• Intellectual capital project generation engine delivering new

opportunities to the “project pipeline”

Share ownership July 2015

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Mirasol Project Generator: Conserve Capital Structure

Reducing dilution

4 projects drilled

under JV ≈ 15,500m

to 2008

2009-10 Joaquin & Virginia

discoveries reported

Sa

le o

f Jo

aq

uin

Silv

er

Pro

ject

• Discovery Increased the share price

• Discovery Reduced the cost of capital / decreased share dilution

• Discovery Delivered the opportunity for a liquidity event

Exploring since 2010 for discovery, with no shareholder dilution

Since December 2012

Exploring with zero

share dilution2004 2005 2006 2007 2009 2010 2011

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Mirasol: Innovation / Discovery / Wealth Creation

• Building a pipeline of quality new projects

• Leveraging strong JV’s from existing “Project Bank”

• Developing strategic partnerships with quality metal producers

• Shareholder wealth creation through discovery

Project Bank 1

Project Bank 2

Project Bank 3

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2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

US $ Million

MRZ Incorp.MRZ listed

on TSX

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JV 1st earn in exploration spend JV cash payments to Mirasol

Project Bank Leverage Through JV for Drill Testing & Discovery

Project generation & target definition

Building 2nd Project Bank

Atlas Titan Claudia Curva Rubi etc.

2nd phase

JV Deals

Potential

New Discovery

Phase

Building 3rd Project Bank

Atacama – Puna Gen.

1st phase

JV Deals

Building 1st

Project Bank

Discovery Phase

Potential

for New JV

deals

Start of Drilling

Titan & Atlas

Joaquin & Virginia

Drill Discoveries

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2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

US $ Million

Thousands meters drilled

Thousands of

metres drilled

MRZ Incorp.MRZ listed

on TSX

Joaquin & Virginia

Drill Discovery

Drilling

Potential

for New JV

deals

Start of Drilling

Titan & Atlas

Jo

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Strong JV’s lead to Increased Drilling & Discovery2nd cycle of new JV deals commenced – upturn quantity of drilling

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2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

US $ Million

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Shareprice in CAD $

MRZ Incorp.MRZ listed

on TSX

Share Price

in CAD $

Share

Price

Potential

for New JV

deals

Start of Drilling

Titan & Atlas

Joaquin & Virginia

Drill Discovery

Jo

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Discovery Drives Up Share Price Even in Challenging market

Conditions

| MRZ: TSX-V9

Key Messages for Investors

• Mirasol is conserving its Capital Structure / exploring without share dilution

• Joint Ventures & drilling have driven discovery and share price appreciation

for Mirasol in the past

• The “Project Bank” represents the distillation of many years of work and

many millions of dollars of exploration investment

• Investors buying shares now leverage from Mirasol’s large “Project Bank”

• Mirasol is focusing on delivering new JV deals on drill ready projects in our

“Project Bank”

Objective accelerate drill testing of these projects to deliver discovery

& shareholder wealth creation

| MRZ: TSX-V10

The Mirasol “Project Bank”

Headline projects:

• Atlas – bulk minable gold/silver

• Titan – bulk minable gold/silver

• Rubi – porphyry copper/moly/gold

• Claudia – high grade gold/silver

• La Curva – high grade gold

• Virginia – high grade silver

Additional drill ready projects:

• Espejo – high grade gold/silver

• Libanesa – high grade silver

• Morito – high grade gold/silver

• Sascha – high grade gold/silver

• Homenaje – high grade gold/silver

Headline Projects

Chile

Drill targets

defined

Headline Projects

Argentina

New Gorbea JV

Prioritized for

new JV’s

Strategic locations

near mines or

advanced resources

These are projects where Mirasol has invested shareholder dollars & is now focused

finding JV partners to drill test with the objective of delivering near term discovery

| MRZ: TSX-V

Eocene-O

ligocene

Igneous B

elt

11

New Gorbea Gold Belt JV - Chile• Located in prospective

Miocene mineral belt

• New Gorbea JV with strong

strategic partner

• JV partner is operating

mines in Chile & Argentina

Gorbea JV terms:

• 9 Mirasol Projects include Atlas &

Titan

• Year 1 commitment of US$2M

with 3,000m of drilling

• 51% spend commitment of $10M

& $2M payments over 4 years

• 65% on completion of PEA on

>1Moz gold @ 0.3g/t gold cut-off

in an additional 2 years

• 75% on completion of feasibility

and decision to mine

• Mirasol conversion royalty option

at PEA or feasibility

• Mirasol retains min. 2.5% NSR &

funded to production equity in

project

*See news release March 26, 2015

Mirasol Headline Projects

Mirasol Pipeline Projects

Gold / Silver

Copper

Legend

Eocene-Oligocene Igneous Belt

Miocene-PlioceneIgneous Belt

| MRZ: TSX-V12

ATLAS PROJECT

New IP Geophysics Area

Completed by JV Partner,

July 2015

Survey 400m line spacing,

150m dipoles

ATLAS GOLD ZONE Rock chip assays &

Trench channel assays

to 50.3 g/t Au

PAMPA ZONERock chip assays

to 2.91 g/t Au & 421 g/t Ag

ATLAS SILVER ZONERock chip assays &

Trench channel assays

to 639 g/t Ag

ESCONDIDA TARGETRock chip assays

to 2470 g/t Ag

Oculto

Resistivity

Target

Falda Zone

Previous Mirasol IP Geophysics Survey

200m line spacing, 50m dipoles

Post Mineral Cover

Syn-Post Mineral

Miocene Domes & Lavas

Host Miocene Volcanics

10 500100

Pole Dipole (PDP) 50m Res. Depth Slice

15440 Ohm-m

Rock Chip Assays > 0.5 g/t Gold Equiv.

2 to 50.4

1 to 2

*Gold equivalence

is calculated by

Au + Ag / 60

Areas of Gold/Silver

Rock Chip Assays > 50ppb Au

0.5 to 1

New Gorbea JV – Mirasol Atlas Gold / Silver Project - Chile

• 25 km2 alteration system

• Multiple gold prospects

identified

• New discovery, no

previous drilling

• Exploration potential for

large oxide gold

mineralization deposit

• Large, new IP

geophysical survey –

completed by JV partner

• Exploration camp

capacity upgraded

ahead of planned drilling

in September to

November 2015

*See news release July 28, 2015

| MRZ: TSX-V13

New Gorbea JV – Mirasol Titan Gold Project - Chile

• Large outcropping oxide gold system

• Strategic location 8 km south of Atlas

project

• Targeting oxide gold deposit

• Conceptual porphyry copper-gold

target at depth

Summary of Mirasol results to date

• Best trench results include;

- 194m @ 0.41 g/t Au

incl. 31m @ 1.36 g/t Au

• RC drill intersections include;

- 18m @ 2.16 g/t Au

incl. 10m @ 3.85 g/t Au

Geophysics & drilling anticipated for

summer season 2015 / 2016

| MRZ: TSX-V14

Mirasol Santa Cruz Argentina “Project Bank”

Base Imagery: ASTER GDEM

Mining Provence:

Cerro Vanguardia AngloGold Ashanti

Cerro Negro Goldcorp

Manantial Espejo Pan American Silver

San Jose Hochschild Mining

Cerro Morro Yamana Gold

• Large Mirasol portfolio of gold &

silver projects

• Headline projects – Claudia,

La Curva & Virginia

• Additional drill ready projects,

strategically located

• Claudia & La Curva projects

targeted for JV

Mirasol Headline Projects

Mirasol Drill Targets Defined

Mirasol Pipeline Project

Legend

Operating Mines & Adv. Projects

Jurassic Volcanics

Mirasol

Santa

Cruz

| MRZ: TSX-V

Claudia Gold / Silver Project – Santa Cruz Argentina

• Claudia large project with 5 standalone

prospects; Curahue, Rio Seco, Cilene,

Ailen & Laguna Blanca

• Strategic location adjoining world class

AngloGold Ashanti Cerro Vanguardia gold

silver mining district

• Curahue Trend;

Step change for Claudia Project

15.5 km long, largely gravel covered

• Geophysics / geochemistry / geology

Big system / Strategic location

*See news release July 27, 2015

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Gradient Array Resistivity

Low High

(Ohm m)

Io Trend - trenching

*See news release July 27, 2015

Claudia Project – 15 km Curahue Trend• Large gold - silver vein system evident

• No previous drilling of Mirasol targets

• Strategically located adjacent to Cerro Vanguardia

Rock Chip & Trench AssaysGold Equivalent (Au+Ag/55)

Ro

ck

ch

ips T

ren

ch

ing

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• 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 Project – Santa Cruz ArgentinaNew District / Four Prospects – 3 Drill Ready / No Previous Drilling

Mirasol La Curva – 36 600 Ha

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Key Messages for Investors

• Large portfolio of 10 drill ready projects

• 6 Headline projects – large systems / multiple drill targets / big company

projects

• The “Project Bank” represents the distillation of many years of work &

many millions of dollars of exploration investment

• Mirasol is focusing on accelerating new JV’s on drill ready projects in our

“Project Bank” to deliver discovery

Leveraging Mirasol Project Bank through JV’s to accelerate drill testing

& potential discovery

New Gorbea Joint Venture: drill testing of the large Atlas/Titan

Gold-Silver projects in Summer 2015 / 2016 (southern hemisphere)

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Atacama Puna – Generative Program

• Targeting giant Gold, Silver & Copper deposits of

the Mio-Pliocene & late Eocene-Oligocene age belts

• Initial focus Mio-Pliocene belt:

• Salares Norte – Gold Fields Ltd.

• Alturas – Barrick Gold Corp.

• Atlas/Titan – Mirasol Resources

• New framework database & target generation –

reinitiated November 2014

• “Project Generation Engine” back online

Actively acquiring property portfolios in

prospective settings in Chile & Argentina

Targeting giant Gold, Silver & Copper deposits

Bol iv ia

ATACAMA

PUNA

Generative

Program

Pascua-Lama

Salares Norte

New Gold Fields

Discovery La Coipa

Escondida

Chuquicamata

Collahuasi

El Teniente

Alturas

New Barrick Gold

Discovery

Alumbrera

Mirasol

Gorbea JV

Atlas/Titan

Base Imagery:

ASTER GDEM

Mirasol

Rubi

Mirasol Generative

Atacama Puna Program

Legend

Copper Deposits

Key Exploration

Projects

Gold Deposits

Miocene-Pliocene Igneous Belt

Eocene-Oligocene Igneous Belt

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Mirasol Resources Ltd

• Well funded exploring without dilution

• Conservative capital structure even in a challenging market a

significant discovery will deliver value to shareholders

• Strong “Project Bank” leverage through JV’s to accelerate

drill testing & the potential for near term discovery

• New Gorbea Gold Belt JV will deliver drill testing of Atlas & Titan

• Project generation engine is back online;

Delivering new exploration opportunities

A strategic advantage