Mirasol Completes the Sale of the Sascha-Marcelina Projects in Argentina for US$1.5 Million Plus Royalty

Core Viewpoint - Mirasol Resources Ltd. has successfully completed the sale of its 100% owned Sascha Project to Andara Mining for approximately US$1.5 million, which will enhance its financial position and support ongoing exploration programs [1][2][6] Group 1: Sale Details - The Sascha Project is located in Santa Cruz province, Argentina, and the sale also includes the assignment of the Option to Purchase Agreement for the Marcelina Project to Andara Mining [1] - Mirasol retains a 1.5% Net Smelter Return (NSR) royalty on the Sascha-Marcelina Projects, with options for Pursuit Minerals to buy back portions of this royalty after commercial production begins [6] Group 2: Financial Implications - The US$1.5 million payment from the sale strengthens Mirasol's financial position and allows for the advancement of exploration programs [2] - Proceeds from the sale were used to repay CAD$2 million towards an outstanding shareholder loan [2][6] Group 3: Company Background - Mirasol Resources Ltd. is an exploration company with over 20 years of experience in operating, permitting, and community relations in Chile and Argentina [3] - The company is currently self-funding exploration at its flagship Sobek Copper-Gold Project while advancing a pipeline of early and mid-stage projects [3]