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MARIFIL MINES LTD. (CVE:MFM) announced that it has staked two additional claims, on its K-3 and K-4 potash projects, both in Mendoza Province, Argentina.
MARIFIL MINES LTD. (TSXV:MFM) announced that it has staked two additional claims, on its K-3 and K-4 potash projects, both in Mendoza Province, Argentina.
The press release is quoted as saying:
Mr. Hite reports, “Marifil is now the largest potash play in Argentina aside from the assets of Vale’s Rio Potasio deposit, and has now covered all of the prospective ground in the northern half of the Neuquen Sedimentary Basin. We are highly encouraged by the discovery of a second biogenic sulphur prospect. Last year sulphur prices hit a low of $30 per ton but now prices are approaching $200 per ton. We expect to begin an aggressive exploration program, including drilling on both the Codihue and S-2 prospects in the coming months.”
Click here to access the entire press release.