Marifil Mines starts phase III drilling at Toruel
2006-03-01 09:06 ET - News Release
Mr. John Hite reports
MARIFIL LAUNCHES PHASE III DRILLING AT TORUEL
Marifil Mines Ltd. is initiating a third round of drilling at its wholly owned Toruel epithermal silver-gold-copper project in Rio Negro province, Argentina. Phase III comprises 1,500 to 2,000 metres of reverse circulation (RC) and diamond drilling (DDH).
The purposes of this phase will include testing of the western extension of high-grade silver-copper mineralization in the main Toruel vein; closer spaced drilling of known mineralization to allow calculation of a defined resource; and testing of the Mancha Blanca and White Goat veins.
The White Goat vein is a virgin drill target. Rock chip and soil sampling on this vein have shown it to be geochemically anomalous in gold, silver and other elements, and an induced polarization survey defined strong anomalies. Silicified and brecciated outcrops on White Goat range up to 30 metres wide.
Drilling is expected to commence later this week and be completed by mid-March. The first string of phase III assay results is expected before the end of March.
All assaying is being done by Alex Stewart & Co. in Mendoza, Argentina. Elements other than silver and gold will be analyzed by ICP at the same laboratory.
This press release has been reviewed and approved by John Hite, president of Marifil Mines, 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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