Mirasol Resources Ltd. — Board/Management Information 2020

Oct 2, 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 2, 2020

Item 3 News Release

The news release was disseminated on October 2, 2020.

Item 4 Summary of Material Change The Company announced that Dana Prince has resigned as a director of the Company. The Board thanks Mr. Prince for his contributions to the Company as a director and member of various board committees and wishes him well in his future endeavors. Mr. Prince is available to provide consulting services to the Company on an as needed basis.

Full Description of Material Change

Item 5

Refer to the summary.

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

Item 6 Not Applicable

Omitted Information

Item 7 None

Executive Officer

Item 8

For more information, please contact Patrick Evans, Chairman and Director,

Telephone: (416) 670-5114

DATED: October 2, 2020

“Gregory Smith”

Per: Gregory Smith Corporate Secretary

NEWS RELEASE

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Mirasol Announces Resignation of Dana Prince as Director

VANCOUVER, BC, October 2, 2020 — Mirasol Resources Ltd. (TSX-V: MRZ ) (OTCPK: MRZLF ) (the “ Company ” or “ Mirasol ”) announces that Mr. Dana Prince has resigned as a director of the Company. The Board thanks Mr. Prince for his contributions to the Company as a director and member of various board committees and wishes him well in his future endeavours. Mr. Prince is available to provide consulting services to the Company on an as needed basis.

About Mirasol Resources Ltd

Mirasol is a premier project generation company that is focused on the discovery and development of profitable precious metal and copper deposits, operating via a hybrid joint venture and self-funded drilling business model. Strategic joint ventures with precious metal producers have enabled Mirasol to maintain a tight share structure while advancing its priority projects that are focused in high-potential regions in Chile and Argentina. Mirasol employs an integrated generative and on-ground exploration approach, combining leading-edge technologies and experienced exploration geoscientists to maximize the potential for discovery. Mirasol is in a strong financial position and has a significant portfolio of exploration projects located within the Tertiary Age Mineral belts of Chile and the Jurassic age gold and silver district of Santa Cruz Province Argentina.

For further information, contact:

Patrick Evans, Chairman 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