VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/04/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has signed an Amendment to the Letter of Intent that Marifil and Marifil's subsidiary, Oxbow Holdings Corp., signed with Saccharum Energy Corp. (TSX VENTURE: SHM) of Calgary, AB, for the K-2 Potash property in Neuquen Province, Argentina. This amendment expands the original Agreement to include the terms of a proposed joint venture between the Company and Saccharum whereby Saccharum can earn up to a 70% interest in Marifil's K-3 and K-4 properties.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/22/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that drilling has commenced at its San Roque project in Rio Negro Province, Argentina.
Company President John Hite and Daniel Buffone, President of Marifil SA, made a brief stop at San Roque following an extensive tour of Company properties in the Mendoza, Neuquen, and Rio Negro
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/04/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has entered into an agreement with Netco Energy Inc. ('NEI') whereby NEI can earn up to a 75% interest in Marifil's Toruel property (the 'Property').
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/23/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has granted Saccharum Energy Corp. (TSX VENTURE: SHM) of Calgary, AB, an extension until March 31, 2011 to complete the financing and closing for Marifil's K-2 Potash property in Neuquen Province, Argentina (see News Release dated December 21, 2010).
Company Discovers New Sulfur TargetVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/22/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has staked two additional cateos (claims), totalling 17,456 hectares, on its K-3 potash project and four additional cateos, totalling 30,000 hectares, on its K-4 potash project, both in Mendoza Province, Argentina.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/22/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') is pleased to announce that it has recently received $633,704 from the exercise of warrants issued in past private placements and the exercise of options held by officers and directors of the Company.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/02/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that NovaGold Resources Inc. ('NovaGold') will begin drilling on the San Roque property in March 2011. NovaGold has received all necessary drilling permits and the drill contract is in place.
Geologic Studies Suggest Good Probability of Potash, Uranium, Lead, Zinc and Asphaltite
LAS VEGAS, NEVADA -- (Marketwire) -- 01/23/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that an ongoing exploration program for potash in the Neuquen Basin in Argentina resulted in the identification and acquisition of a second large area highly favourable for potash in the northern portion of the basin in Mendoza Province (see news release dated December 13, 2010).
LAS VEGAS, NEVADA -- (Marketwire) -- 12/21/10 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has signed a Letter of Intent of behalf of itself and Marifil's subsidiary Oxbow Holdings Corp. with Saccharum Energy Corp. (TSX VENTURE: SHM) of Calgary, AB, for the K-2 Potash property in Neuquen Province, Argentina.
Geologic Studies Suggest Good Probability of Potash, Uranium, Lead, Zinc and AsphaltiteLAS VEGAS, NEVADA -- (Marketwire) -- 12/14/10 -- A Correction From Source is issued for the press release disseminated today at 9:30 ET. The original press release stated an acquisition of 11 claims by staking (totalling 86,656 hectares). Only 6 claims were staked for a total of 47,150 ha. The corrected press release follows:
LAS VEGAS, NEVADA -- (Marketwire) -- 12/14/10 -- Marifil Mines Ltd. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that an ongoing exploration program for potash in the Neuquen Basin in Argentina resulted in identification of a large area ...
LAS VEGAS, NEVADA -- (Marketwire) -- 11/15/10 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') announces that it has sold its El Carmen oil and gas property to Ilakon Ltd. ('Ilakon') a private company.
Ilakon has agreed to purchase the El Carmen property for $250,000 of which $125,000 is payable on signing and $125,000 is due in 12 months. Marifil has the option of taking the second payment in stock if Ilakon has gone public or is in the process of going public. In addition, Marifil retains an 8% production royalty from gross proceeds of sales of oil and gas. Ilakon will begin paying Marifil an annual advance royalty of $75,000 beginning at the earlier of commencement of production or 24 months from the date of the Agreement.
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