Coverage Initiated for Marifil Mines Ltd. (TSXV: MFM) (OTCQB: MFMLF) via NetworkNewsWire
21 Juni 2018 - 2:30PM
Marifil Mines Ltd. (TSXV:MFM) (OTCQB:MFMLF), a mineral exploration
company based in Vancouver, Canada, announces it has engaged
the corporate communications expertise of NetworkNewsWire ("NNW").
The company is engaged in an aggressive campaign for growth
within the lithium space in Argentina. Pursuant to its strategy,
Marifil recently expanded its lithium exploration program through
entering into a definitive exploration agreement with Minera
Esperanza S.A., a private Argentinean company. Under the agreement,
the company has the option to purchase two lithium properties
located in the Province of Catamarca, Argentina.
Upon exercise of the agreement along with Marifil’s recent
acquisition of Ratones and Fraile claims, the company’s lithium
exploration portfolio will cover a vast 15,267 hectares within the
world-renowned “Lithium Triangle.” The two new lithium properties
cover southern portions of Catamarca’s Carachi Pampa salar and
comprise of two claims with a total of 8,739 hectares. In addition
to the Carachi properties, Marifil recently acquired two brine
properties in Catamarca, both of which span a total of 6,528
hectares, covering portions of alkali flats (“salars” or “salt
lakes”) on the Puna plateau, a high elevation basin-like plain on
the eastern slope of the Andes Mountains.
In addition, following a six-year hiatus, Marifil will be
leading as the project operator in a diamond core drilling program
on the San Roque property, in the Rio Negro province of Argentina.
Marifil’s wholly owned subsidiary Marifil Mines S.A. (51 percent)
and NOVAGOLD RESOURCES Inc.’s (NG.TO) wholly-owned subsidiary
NovaGold Argentina Inc. (49% percent) jointly own the property,
which is an advanced exploration stage project involving known
mineralization where gold and zinc are of principal economic focus.
The property is secured by 42,320 hectares of mine rights, of which
all are free of any non-governmental production royalties and 9,449
are patented mining claims covering all known mineralization.
Historical drilling on the property totals 15,837 meters (108
holes).
NNW is a multifaceted financial news and publishing company that
delivers a new generation of social communication solutions, news
aggregation and syndication, and enhanced news release services.
NNW’s strategies help public and private organizations find their
voice and build market visibility. As part of the Client-Partner
relationship with Marifil Mines Ltd., NNW will leverage its
investor-based distribution network of over 5,000 key syndication
outlets, various newsletters, social media channels, blogs, and
other outreach tools to generate greater brand awareness for the
company.
“Marifil’s aggressive expansion strategy within Argentina
positions it for opportunity in the Lithium Triangle of South
America, an area rich with potential to meet growing demand for a
key commodity to power electric vehicles and mobile devices,"
states Sherri Franklin, Director of Brand Awareness Distribution
(BAD) Solutions for NNW. “We look forward to assisting the company
with a dynamic corporate communications campaign that will place
its strategy and accomplishments in front of shareholders and
potential investors.”
About Marifil Mines
Marifil Mines Ltd. is a mineral exploration company based in
Vancouver, Canada. The company is engaged in exploring, evaluating
and acquiring mineral rich resource properties in Argentina. For
further details regarding Marifil Mines Ltd., please refer to the
company's filings available on SEDAR (http://www.sedar.com). For
more information, visit the company's website at
http://www.marifilmines.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content
distribution company that provides (1) access to a network of wire
services via NetworkWire to reach all target markets,
industries and demographics in the most effective manner possible,
(2) article and editorial syndication to 5,000+ news outlets, (3)
enhanced press release services to ensure maximum impact, (4)
social media distribution via the Investor Brand Network (IBN) to
nearly 2 million followers, (5) a full array of corporate
communications solutions, and (6) a total news coverage solution
with NNW Prime. As a multifaceted organization with an extensive
team of contributing journalists and writers, NNW is uniquely
positioned to best serve private and public companies that desire
to reach a wide audience of investors, consumers, journalists and
the general public. By cutting through the overload of information
in today’s market, NNW brings its clients unparalleled visibility,
recognition and brand awareness. NNW is where news, content and
information converge.
For more information, please visit:
https://www.NetworkNewsWire.com.
Please see full terms of use and disclaimers on the
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wherever published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Corporate Communications Contact:
NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com
212.418.1217 Office Editor@NetworkNewsWire.com
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