News Releases

Mirasol increases land holding in strategic silver – gold belt at Espejo Project

June 26, 2008

VANCOUVER, BC – June 26, 2008 – Mirasol Resources Ltd. (TSX-V: MRZ; Frankfurt: M8R) reports that it has acquired by staking interest in 199 square kilometres of claims adjoining its wholly owned Espejo project in mineral-rich Santa Cruz Province of Argentina.

Mirasol has recently announced the definition of nine drill targets at the Espejo project, seven kilometres along strike from Pan American Silver’s Manantial Espejo mine development (news release June 12, 2008). These new claims secure gravel-covered targets identified on regional magnetics images, along trend from the Espejo Project, and also include areas of outcropping altered volcanic units, highlighted by Aster remote sensing alteration mapping to the northeast of the original Espejo claims.

These properties add to Mirasol’s strategic presence in one of the principal silver — gold belts in Santa Cruz Province, which hosts Coeur d’Alene’s bonanza-grade Martha silver mine and Pan American Silver’s Manantial Espejo development project (published resources of 50 million ounces of silver and 0.66 million ounces of gold*).

Stephen C. Nano, Vice President of Exploration for Mirasol, is the Qualified Person under NI 43-101 who has prepared and approved the technical content of this news release.

*Manantial Espejo contained silver and gold reserves and resources as per Pan American Silver Corp. Statement of Mineral Reserves and Resources dated December 31, 2007.

For further information, contact:

Mary L Little
President and CEO

Tel:(604) 602-9989
Fax:(604 )609-9946

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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