Core Viewpoint - Mirasol Resources Ltd. has signed an Option to Purchase Agreement with Eco Earth Elements SpA, granting Eco Earth exclusive rights to acquire the mineral rights of Mirasol's Nord East and Nord West Projects in Chile, which are strategically located near an advancing production project [1][2]. Agreement Terms - The total consideration for the acquisition of the Nord Projects is US$2,556,536, with US$2,044,986 allocated for Nord East and US$511,550 for Nord West, to be paid over four years [2][7]. - The payment schedule includes an initial payment of US$59,043 upon signing, followed by various payments totaling US$2,556,536 over four years [8]. Royalty Structure - Upon completion of payments, Eco Earth will earn a 100% interest in the Nord Projects, while Mirasol will retain a 2% Net Smelter Return (NSR) royalty on Nord East and a 1% NSR royalty on Nord West [4][7]. - Eco Earth has the option to purchase the first 1% of the 2% NSR royalty on Nord East for US$3 million and the remaining 1% for an additional US$6 million [4][7]. Project Overview - The Nord Projects cover 1,900 hectares and are located in Region II of Chile, adjacent to the Ciclón-Exploradora polymetallic-epithermal project, which is progressing towards production [5]. - Initial exploration indicates that the Nord East project may host significant mineralization, including polymetallic deposits of copper, zinc, lead, silver, and gold [6][9]. 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, currently self-funding exploration at its flagship Sobek Copper-Gold Project [10].