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Marifil Mines Ltd.
Summary
| Project: | San Roque | |
|---|---|---|
| Deposit: | San Roque | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 9/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-9-2018: Marifil Mines Ltd. announces an Exploration/Drilling Update report for its San Roque deposit at the San Roque project. Drilling results incl. 19.8m @ 1.86g/t Au, 2.8g/t Ag from 6.2m. Vancouver, British Columbia (September 11, 2018) – Marifil Mi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Walters (Internal) | |
| ABSTRACT: | Vancouver, British Columbia (September 11, 2018) – Marifil Mines Limited (TSXV: MFM) ("Marifil" or the "Company") announces that it has received preliminary assay results for its diamond core drilling program announced in the Company's press release titled "Marifil Mines Successfully Completes San Roque Drilling Program", dated June 28, 2018. The San Roque property (the "Property") is located near the Atlantic coast in the Province of Rio Negro, Argentina. The Property is held by Minas San Roque S.A., which is jointly owned by Marifil’s wholly owned subsidiary Marifil Mines S.A. (51%) and NOVAGOLD RESOURCES Inc.’s (TSX: NG) wholly-owned subsidiary NovaGold Argentina Inc. (49%). Marifil is the project operator. Four HQ-size core holes were drilled for a total of 846 meters. Table 1 shows location and main features of the four drill holes in both local coordinate datum: Gauss Kruger and Campo Inchauspe systems: Drill hole MF-DDH 58 was drilled as a 50 meter step-off from DDHMSR0033, which was also drilled in 2011, and shows two intercepts with a weighted average of 93.9 meters at 0.80 g/t Au, 9.0 g/t Ag, 0.31 % Pb and 0.58% Zn, as also announced in the Company's press release titled "Marifil Reports Positive Drill Results From San Roque Project In Argentina", dated February14, 2012. Lead and zinc mineralization is seen in all 148 meters of the MFDDH 58 drill cores, for which complete lead and zinc assays are pending. The hole shows an impressive intercept of 83 meters of a half gram per tonne gold. The mineralization in the Zone 33 area is open ended in several directions. | |
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