Mirasol Resources Ltd. reported that the 2022/23 exploration program was successfully advanced at the Company’s 100%-owned Sobek Copper-Gold Project (“Sobek”) in the Vicuña Copper-Gold-Silver District of Chile with the completion of the airborne Mobile MT survey and the start of the maiden drill program. Sobek was originally staked based on prospective local structural architecture prior to the 2021 discovery of the high-grade feeder zone at the Filo del Sol gold-copper deposit located 7 km to the east and NGEx Minerals discovery at Potro Cliffs 3 km to the east. Sobek was staked in 2016 based on the prospective geological environment and the local structural architecture 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. Sobek comprises a large block of property 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 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.