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FOR: MARIFIL MINES LTD.
TSX VENTURE SYMBOL: MFM
APRIL 26, 2005 - 07:00 ET
Marifil Mines Finds Bonanza Silver at Toruel Property
SPOKANE, WASHINGTON--(CCNMatthews - April 26, 2005) - Marifil Mines Ltd. (TSX VENTURE:MFM) reports it has discovered a large silver-rich epithermal vein system on its Toruel property in northern Patagonia, Argentina. Systematic surface channel sampling across the main vein returns silver values grading up to 5,871 g/t Ag (170 oz.), along with 7.08 g/t Au. Of 187 samples assayed to date, 39% contain more than 100 g/t Ag and 23% contain more than 200 g/t Ag.
The Company's wholly-owned Toruel property is located in Rio Negro Province, Argentina. Access to the property is via a well maintained gravel road.
The Toruel vein system strikes N70 degrees E and has a nearly vertical dip. It has been traced for more than 1,700 meters along strike and is open-ended. This complex vein system comprises a series of quartz fissure fillings, sub-parallel veins, anastamosing vein splits, silicified wall rock, wall rock breccias, and sigmoidal veins linking sub-parallel veins. Epithermal textures including comb structures, drusy cavities, and crustiform textures are present.
The central portion of the main vein is well exposed for 1,050 meters and ranges from one to over ten meters wide. Sampling of this part of the vein shows a weighted average grade of 180 g/t Ag over an average width of 2.5 meters. Within this 1,050 meter length the better mineralized outcrops range up to 7.2 m wide. The highest grade sample contains 5,871 g/t Ag (170 oz.) along with 7.08 g/t Au over a 2.2m width. Other significant silver values include 1.7m at 854 g/t (24.8 oz/t); 1.45m at 1025 g/t (29.7 oz/t); 2.1m at 1137 g/t (32.9 oz/t); 1.4m at 1756 g/t (50.92 oz/t); and 6.8 m at 536 g/t (15.5 oz/t).
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