Mr. Tim Heenan reports

MIRASOL RESOURCES ANNOUNCES PRIVATE PLACEMENT FINANCING

Mirasol Resources Ltd. is arranging a non-brokered private placement financing of up to 6,666,667 units at a price of 45 cents per unit for aggregate gross proceeds of $3.0-million. Each unit will be composed of one common share and one-half of one non-transferable common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of 60 cents for a period of 12 months from closing of the offering.

The net proceeds of the offering will be used to expand Mirasol's successful exploration programs and for general corporate purposes. Finders' fees may be payable on a portion of the offering. The shares issued under the offering will be subject to a four-month hold period.

About Mirasol Resources Ltd.

Mirasol is a well-financed 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 northeastern Chile and continues to advance a strong pipeline of highly prospective early- and mid-stage projects.

We seek Safe Harbor.