Mr. Tim Heenan reports

MIRASOL SIGNS AGREEMENT FOR THE SALE OF A PORTFOLIO OF COPPER PROJECTS IN MENDOZA, ARGENTINA

Mirasol Resources Ltd. has signed an asset purchase agreement, under which Mirasol grants Mises Metals SAS, a wholly owned subsidiary of Argentina Metals Corp., 100-per-cent interest in the a portfolio of 14 grassroots copper porphyry exploration projects, comprising 89,070 hectares, located in Mendoza, Argentina.

"The sale of our prospective Mendoza portfolio of copper projects is another step in our ongoing business development initiatives to advance our non-core assets in our portfolio of projects in Argentina and Chile," Mirasol's president, Tim Heenan, stated. "Argentina Metals has the capacity and the determination to advance these projects, and our significant shareholdings ensure we participate in their success."

Terms of the Mendoza portfolio purchase agreement

Under the terms of the agreement, Mirasol shall grant Argentina Metals 100-per-cent interest in the Mendoza portfolio of grassroots projects for total consideration of (i) a cash payment of $50,000 (U.S.) (ii) 433,333 common shares without par value in the capital of Argentina Metals on closing, (iii) 433,333 shares on the registration of the transfer of the properties with the Direccion de Mineria de la provincia de Mendoza, and (iv) 433,334 shares at the earlier of one year from closing or on Argentina Metals' common shares being listed on a recognized Canadian stock exchange. Should the public listing not occur within one year of closing, the Mendoza portfolio of properties shall be returned to Mirasol in exchange for the return of the shares and one-half of the cash payment.

About Mirasol Resources Ltd.

Mirasol is a strategically positioned exploration company with over 20 years of operating, permitting and community relations experience in the mineral-rich regions of Chile and Argentina. Mirasol is currently self-financing exploration at the flagship Sobek copper-gold project located in the Vicuna copper-gold-silver district of northeast Chile while continuing to advance a strong pipeline of highly prospective early and mid-stage projects.

Qualified person statement: Mirasol's disclosure of technical and scientific information in this press release has been reviewed and approved by Tim Heenan (MAIG), the president for the company, who serves as a qualified person under the definition of National Instrument 43-101.

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