- Marifil exploring for gold, lithium and cobalt in metals-rich South American zone
- Argentina aims to capture as much as 45 percent of lithium market; investments in country’s lithium resource have grown tenfold since 2011
- Marifil’s recent drilling at San Roque property yields good results, with a 19-meter intersection of 1.89 grams per tonne gold
As a metal exploration boom elevates the prospects of Argentina’s mining industry, Canada-based Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) continues to examine the prospects of its properties through drilling and sampling techniques. The company is focused on exploring for gold, lithium and cobalt because of their significant commercial potential, and on September 11, it published the results of its most recent round of exploration drilling on its San Roque property within the Province of Rio Negro, near the Atlantic coast, that significantly add to the advancement of the property (http://nnw.fm/RzvM3).
The San Roque property is held by Minas San Roque S.A., which is jointly owned by Marifil Mines (51 percent) and NovaGold Resources Inc. (TSX: NG) subsidiary NovaGold Argentina Inc. (49 percent). Marifil is the project operator. It is an advanced-stage exploration project that encompasses some 42,320 hectares (104,575 acres) of mineral rights wherein…
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