Marifil Receives Toruel Update
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/14/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ("Marifil" or "the Company") announces that Netco Silver Inc. ("Netco") has provided an update on exploration work at the Company's Toruel Project, Rio Negro Province, Argentina.
The current program consists of soil sampling, rock sampling, prospecting, trenching and geological mapping. The objective of the program is to identify additional vein systems and establish priority locations for a subsequent drill program, with the immediate goal of outlining a high grade zone amenable to direct shipping of high grade ore.
To date the program has identified three (3) new vein structures:
A total of 169 rock chip samples have been collected at the Toruel Project. Samples have been submitted to Acme Analytical Laboratories in Mendoza for two assay methods; Gold Fire-Assay 50gm fire-assay fusion and an Exploration Elements Package that consists of a 4 acid digestion with ICP-MS detection. Results are expected around mid-January 2012. A program of trenching and further sampling will commence in January 2012.
A detailed map illustrating the above will be available at .
The Toruel Property, covering 5,736 Hectares, is located about 25 kilometers southeast of the village of Los Menucos, Rio Negro Province, Argentina, and is prospective for silver, gold, indium, copper, lead, and zinc. The Company has granted Netco the option to acquire up to 75% of the property.
For additional technical information about the Toruel property, see the Company's existing technical report on the Toruel Property, available on SEDAR at , entitled "Toruel Property, Rio Negro Province - Argentina", dated effective June 15, 2011.
This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.
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Marifil Mines Ltd. "Marifil" has taken all reasonable care in producing and publishing information contained in this news release, and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Marifil assumes no responsibility. Marifil does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Marifil be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.
Forward-Looking Statements
This news release may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com).
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Marifil Mines Ltd.
John Hite
President
(702) 562-4880
Marifil Mines Ltd.
Hugh Oswald
Investor Relations, Vancouver, B.C.
(604) 684-4743 ext. 243
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Datum: 14.12.2011 - 18:41 Uhr
Sprache: Deutsch
News-ID 97135
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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