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Marifil Mines Reports Drilling Initiated on New High Grade Nickel-Copper Discovery, San Luis Property, Argentina

Marifil Mines Reports Drilling Initiated on New High Grade Nickel-Copper Discovery, San Luis Prop...

articleInternational Iconic Gold Exploration CorpJune 4, 20083/company/international-iconic-gold-exploration-corp/news/marifil-mines-reports-drilling-initiated-on-new-high-grade-nickel-copper-discovery-san-luis-property-argentina
Marifil Mines Reports Drilling Initiated on New High Grade Nickel-Copper Discovery, San Luis Property, Argentina

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[{"type":"text","content":"Marifil Mines Reports Drilling Initiated on New High Grade Nickel-Copper Discovery, San Luis Property, Argentina\n\n\n\nMarifil Mines Reports Drilling Initiated on New High Grade Nickel-Copper Discovery, San Luis Property, Argentina\n\nVancouver, British Columbia CANADA, June 04, 2008 /FSC/ - Marifil Mines Ltd. (MFM - TSX Venture, MFMLF - OTCBB_Pink_Sheets), notes its Joint Venture partner, Castillian Resources Corp., has begun diamond core drilling of the nickel-copper rich gossan on the EF-2 target on its San Luis, Argentina property. EF-2 is a recently discovered prospect of what is potentially a third body of magmatic nickel-copper sulphide mineralization on the property. The new discovery is located approximately 6.5 kilometres along trend of the ultramafic host rocks to the north of the East and West Las Aguilas deposits where Castillian has been engaged in pattern drilling for resource definition.  \n\nDick Walters, Executive VP of Marifil Mines said, \"We appreciate the vigour and competency in which Castillian has tackled exploration of this intriguing property, and the great results it's generating. The favourable zone is 100 kilometres long with many airborne geophysical and geochemical anomalies yet to be examined. I believe continued prospecting will prove it to be a fertile belt for more discoveries of magmatic segregation type nickel-copper deposits laden with PGM.\"\n\nCastillian reports recent assay results from additional outcrop sampling (Figure 1) contained very high grade nickel and copper values including:\n\nSample 191667 with 12.45% Cu and 1.58% Ni in a weathered pyroxenite; and \nSample 191676 with 3.84% Cu and 2.15% Ni in a weathered pyroxenite.\n\nCastillian geologists characterize the samples as a series of chipped grab samples taken from outcrop exposures distributed over an approximate 55 metre by 20 metre area where surface mineralization is observed (see Figures 2 and 3). The actual dimensions of the zone are unknown as the contacts are covered by overburden. A total of 26 grab samples were collected from various sites distributed across the exposure and the analytical results for all samples are listed in Table 1. Of these 26 samples, seven contained greater than one percent nickel and copper values (see Table 1).  \n\nThe mineralization is characterized by secondary copper an...

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