Marifil Mines Announces Discovery of Two New Mineralized Vein Systems in Argentina


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Marifil Mines Ltd. (MFM.V) announced today that it has received a progress report from its joint venture partner, Netco Silver Inc. (NEI.V) on its prospecting, trenching and sampling program at the Toruel Property, Rio Negro Province, Argentina.

The Toruel Property is located approximately 23 kilometres southeast of the town of Los Menucos and approximately 100 kilometres from Pan American Silver's Navidad project, one of the world's largest undeveloped silver deposits.

Multiple vein structures have been identified on the Toruel Property to date, with only 50% of the property having been explored and mapped. Recent prospecting and sampling has identified two additional vein structures.

Marifil shares were up a cent-and-a-half to $0.135.

Netco shares were unchanged at $0.105.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities

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