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Marifil Acquires 86,656 Ha of Potash Lands

Written by Investing News Network
|
Dec. 13, 2010 11:34PM PST

Marifil Mines Ltd. (CVE:MFM) announces that an ongoing exploration program for potash in the Neuquen Basin in Argentina resulted in identification of a large area highly favorable for potash in the northern portion of the basin in Mendoza Province.

Marifil Mines Ltd. (TSXV:MFM) announces that an ongoing exploration program for potash in the Neuquen Basin in Argentina resulted in identification of a large area highly favorable for potash in the northern portion of the basin in Mendoza Province.

The press release is quoted as saying:

The Company has acquired by staking 11 cateos (claims) totalling 86,656 hectares (866.6 square kilometres) that it believes are highly prospective for potash. The claims, the K3 Project, are also prospective for uranium, biogenic sulfur (similar to the Company’s Codihue sulfur project), Mississippi Valley type lead and zinc (similar to the Company’s Picun Lefu lead zinc project), and for asphaltites (hard bitumens which can, through heating, be a source of petroleum).

Click here to access the entire press release

argentina tsxv:mfm
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