Vancouver, British Columbia — December 9, 2025 — Leads & Copy — Mirasol Resources Ltd. has completed the sale of its 100%-owned Sascha Project in Santa Cruz province, Argentina, to Andara Mining Pty Ltd, a subsidiary of Pursuit Minerals Ltd., and has assigned its Option to Purchase Agreement on the Marcelina Project to Andara Mining.
The Sascha and Marcelina projects are now collectively known as the Sascha-Marcelina Projects.
Under the terms, Mirasol retains a 1.5% NSR royalty. Following the start of commercial production, Pursuit Minerals can buy back the first 0.75% within two years for US$1.5 million, and the remaining 0.75% within three years for an additional US$4 million.
The total consideration for the Sascha-Marcelina Projects is approximately US$1.5 million.
Mirasol’s President Tim Heenan said the US$1.5 million payment will strengthen the company’s financial position as it advances its exploration programs.
Heenan added that the retained royalty ensures Mirasol will benefit from future success at Sascha-Marcelina. He said the sale reflects the company’s strategy to monetize its underappreciated non-core assets in its portfolio of projects in Argentina and Chile.
The company also announced that proceeds from the sale were applied to a CAD$2M repayment toward the outstanding shareholder loan previously announced in news releases on March 14, 2025, and June 16, 2025.
Mirasol is a well-funded exploration company with more than 20 years of operating, permitting, and community relations experience in the mineral-rich regions of Chile and Argentina. The company is currently self-funding exploration at the flagship Sobek Copper-Gold Project in the Vicuña Copper-Gold-Silver District of northeast Chile and continuing to advance a strong pipeline of early and mid-stage projects.
Tim Heenan (MAIG), President for Mirasol, serves as a Qualified Person under the definition of National Instrument 43-101 and has reviewed and approved the company’s disclosure of technical and scientific information.
Tim Heenan, President & CEO
Troy Shultz, Vice President Investor Relations
Tel: +1 (604) 602-9989
Email: contact@mirasolresources.com
Source: Mirasol Resources Ltd.
