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Marifil Mines Announces New Drill Results from Las Aguilas East and West Deposits

Marifil Mines Announces New Drill Results from Las Aguilas East and West Deposits

articleInternational Iconic Gold Exploration CorpJuly 23, 20083/company/international-iconic-gold-exploration-corp/news/marifil-mines-announces-new-drill-results-from-las-aguilas-east-and-west-deposits
Marifil Mines Announces New Drill Results from Las Aguilas East and West Deposits

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[{"type":"text","content":"Marifil Mines Announces New Drill Results from Las Aguilas East and West Deposits\n\n\n\nMarifil Mines Announces New Drill Results from Las Aguilas East and West Deposits\n\nResults include 5.64 meters grading 1.05% nickel, 0.62% copper and 0.8 g/t platinum at Las Aguilas East\n\nSpokane, WA US, July 23, 2008 /FSC/ - Marifil Mines Ltd. (MFM - TSX Venture, MFMLF - OTCBB_Pink_Sheets), (\"Marifil\" or \"the Company\") announces results from 12 drill holes; 11 holes at the Las Aguilas West Deposit and one hole at Las Aguilas East Deposit. The Las Aguilas deposits (nickel-copper-platinum group elements) are located approximately 40 kilometres northeast of San Luis, San Luis Province Argentina. The 2008 results will be included with the 2007 drill hole results in the soon to be completed NI43-101 resource calculation. \n\nThe drill holes reported below have extended the Las Aguilas (LA) West deposit an additional 100 metres south and 50 metres north-northeast of last year's drilling. The LA West deposit and intrusion has now been intersected by drilling over a length of 500 metres and to a depth of 250 meters (Figures 1, 3). The deposit is a tabular body contained within a pyroxenitic dyke that shows mostly subvertical dips to the east but in the southern third the dips change from subvertical to the west to a shallow westerly dip. The mineralized intrusion appears to be cut-off to the south by a noritic intrusion. \n\nHole CTLA08-078 was drilled to test the depth extent of the LA East deposit. The host ultramafic intrusion exhibits a funnel shape at depth and the mineralized zone has sub-vertical dips and a steep plunge to the south. Hole CTLA08-078 intersected sulphides over 19.67 metres confirming the continuity of the deposit down plunge and extending this deposit 70 metres vertically below the deepest intersection drilled in 2007. Hole CTLA08-078 is the deepest intercept of the LA East Deposit to date at an approximately 250 meter vertical depth and shows a marked increase in grade in this part of the deposit. The deposit remains open below this intercept.\n\nSelected intersections from the drill campaign are listed below and a complete list of results is included in Table 1 at the end of the release. As with previous analytical results from the 2007 campaign, significant platinum and palladium values were intersected in several ...

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