It probably has a belt, not a chain, but chains are in the same location.
The timing belt is located under the timing cover. The timing cover is the plastic or metal cover at the front of the engine (the side where the fan belts are).
This vehicle has an interference engine, which means that the valves can be damaged if the timing belt breaks or gets out of sync. This job should be done by a professional only.
Timing Belt
Timing Chain
The water pump is located in the shroud that houses the timing belt. This is why the pump is changed when you get a new timing chain.
For a 2009 Mitsubishi Lancer ( 2.0 and 2.4 liter four cylinder engines ) ( timing CHAIN )
timing belt
Timing belt
A Mitsubishi Mirage has a timing belt
It has a timing belt.
timing chain
A timing chain is designed to last the lifetime of the engine.
The Mitsubishi Canter 4M51 engine does not have a timing belt or chain.
It has a timing belt.