Mirasol Resources Raises $3M for Chile Exploration

Mirasol Resources secures $3M for exploration. The funds will support work at the Sobek project and other promising projects in Chile and Argentina.

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2025 October 8 . 8:00 AM

1 min read

In this picture we can see the yellow building in the front. In the front bottom side there are... — In this picture we can see the yellow building in the front. In the front bottom side there are some shop and naming board on white "Metro" is written.

Mirasol Resources Raises $3M for Chile Exploration

Mirasol Resources Ltd., a seasoned exploration company with over two decades of experience in Chile and Argentina, has announced a non-brokered private placement financing. The company, led by President & CEO Tim Heenan, is offering 6,666,667 Units at $0.45 each, aiming to raise $3.0 million.

Each Unit comprises one common share and half a share purchase warrant, exercisable at $0.60 for a year. The financing will help Mirasol expand its exploration programs and cover general corporate purposes. The company is currently self-funding exploration at its flagship Sobek Copper-Gold project in Chile's Vicuña Copper-Gold-Silver District.

The press release includes forward-looking statements about future exploration, operations, geological interpretations, mineral tenure issues, and recovery processes. Investors can contact Tim Heenan or Troy Shultz, Vice President Investor Relations, for more information. Finders' fees may apply, and issued shares will be subject to a four-month hold period.

Mirasol Resources Ltd., with its extensive experience and strong project pipeline, is positioning itself for growth with this financing. The funds will support exploration at the Sobek project and other initiatives, as the company continues to advance its early and mid-stage projects.