VANCOUVER, BC, October 5, 2020 — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced that Mr. Norm Pitcher has left the Company and ceased to be a director of Mirasol. The Company’s Chair, Patrick Evans, has been appointed interim CEO pending the appointment of a successor, a process that is well underway.

About Mirasol Resources

Mirasol is a well-funded exploration company focused in Chile and Argentina. Mirasol has five partner-funded partner funded projects, two with Newcrest Mining Ltd (Chile), and one each with First Quantum Minerals (Chile), Mineria Activa (Chile) and Silver Sands Resources (Argentina). Mirasol is currently self-funding exploration at two projects, Inca Gold (Chile) and Sacha Marcelina (Argentina).

For further information, contact:

Patrick Evans, Chairman and Interim-CEO

Tel: (416) 670-5114

Email: contact@mirasolresources.com

Website: www.mirasolresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.