Vancouver, B.C. — March 5, 2008 — Mirasol Resources Ltd. (TSXV: MRZ; Frankfurt: M8R), (“the Company”) announces that options to acquire 965,000 common shares of the Company have been granted to employees, officers, directors and consultants of the Company. The options have a term of five years, are exercisable at $0.63 per common share, and vest over one year. The options will be subject to a four month hold period.

About Mirasol Resources Ltd.
Mirasol Resources Ltd. is an exploration company focused on the discovery and acquisition of high-potential, precious metals deposits in the Americas, utilizing leading edge technology for strategic advantage. Mirasol currently holds 100% of the rights of eight active exploration projects and ten early-stage prospects in Santa Cruz Province identified through the Company’s proprietary exploration. The Company has joint ventured several of its Patagonian projects with strong, well-funded partners Coeur (TSX: CDM; NYSE: CDE) and the Hochschild Group (LN: HOC). The company operates subsidiary companies in Argentina and Chile and is engaged in generative exploration in high-potential regions elsewhere in the Americas. For further information, visit the Company’s web page at www.mirasolresources.com.

For further information, contact:

Mary L. Little, President & CEO
Email: contact@mirasolresources.com
Website: www.mirasolresources.com
Tel: (604) 602-9989: Fax: (604) 609-9946

Investor Relations:
Trent Dahl, Ascenta Capital Partners Inc.
Phone: (604) 684-4743 ext. 228
Toll free: 1-866-684-4743 ext. 228

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