Mirasol Resources Ltd. — Board/Management Information 2020

Oct 6, 2020

Form 51-102F3 Material Change Report

Item 1 Name and Address of Company

Mirasol Resources Ltd. 1150 – 355 Burrard Street Vancouver, BC V6C 2G8 (the “Company”)

Item 2 Date of Material Change

October 3, 2020

• Item 3 News Release

The news release was disseminated on October 5, 2020.

Item 4 Summary of Material Change

The Company 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.

Item 5 Full Description of Material Change

Refer to the summary.

• Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102

Not Applicable

• Item 7 Omitted Information

None

Item 8 Executive Officer

For more information, please contact Patrick Evans, Chairman, Interim CEO and Director, Telephone: (416) 670-5114

DATED:

October 6, 2020

“Gregory Smith”

Per: Gregory Smith Corporate Secretary

NEWS RELEASE

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October 5, 2020 Shares Issued and Outstanding: 54,175,543 TSX-V: MRZ OTCPK: MRZLF

Mirasol Resources Appoints Patrick Evans as Interim CEO

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.

Suite 1150 – 355 Burrard Street, Vancouver, B.C. Canada, V6C 2G8 Tel: +1 604 602 9989 E-mail: contact@mirasolresources.com www.mirasolresources.com