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TSXV: MFM

                              Los Menucos Project
October 2011
OVERVIEW                                                               Los Menucos Project Summary
The Los Menucos Project comprises three large alteration zones
                                                                      Rio Negro Province
aligned in a northeast-southwest direction along a major structur-
                                                                      Excellent year-around access
al corridor. The three areas are named, from northeast to south-
west, Cerro La Mina, Cerro Abanico, and Aguada de Guerra.             Power, Water, Labour nearby
Each of these areas are bordered to the southeast by a major          <5 km to mining town and railroad
highway and railroad, and each lies, respectively 5, 17, and 24
kilometers from the mining town of Los Menucos.                    Geology:


Most of the work to date has concentrated on the Cerro La Mina         Jurassic volcanics cut by epithermal veins
and Cerro Abanico targets. This work includes soil and rock chip       Structural corridor 5-10 km wide and up to 30
                                                                       km long occupied by three large alteration
sampling, geologic mapping, geophysical surveys (Induced               zones (each measuring +5 km wide and up to
Polarization), and drilling.                                           10 km long):
                                                                           Aquada de Guerra
Two targets have been developed at Cerro Abanico: a bulk ton-             Cerro Abanico
nage gold-silver-lead-zinc target with a possible core zone of            Cerro La Mina
molybdenite and the Abanico vein. The Abanico vein is a low sul-
fide epithermal vein. The best values drilled to date are 4.25 m thickness grading 6.8 g/t gold and 287 g/t sil-
ver.

The Catrin vein on the Cerro La Mina target contains 2.4 m grading 27 g/t gold and 6 m grading 11 g/t gold.
                                                                   Bulk tonnage gold targets are also pres-
                                                                   ent in this under-explored claim group.




                                                                        Principal targets in the Abanico Trend
                                                                        shown on a processed ASTER image
Outc rop quality a l ng the section
                   o                                                                                                                                                                                                                                                                                                                                                                                                                                       HISTORIC DRILL RESULTS
 SS W
                                                                                                                                                                                                                                                                      ABRC 22                                                                                                                                                             NNE
                                                                                                                                                                                                                                                                                                                                                                                                                                                      Drill Hole # I n t e r c e p t Gold        Silver
                                                                                                                                                                                                                                                                                                                                                                                                                                                                   (m)
                                                                                                                                                                                                                                                                                                                                                                                                         ABRC 14

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     (grams/t)   (grams/t)
                                                                                                                                                                                                                                                                  terminated 20m o ff
                                                                                                                                                                                                                                                                     section t o eas t                                                                          ABDD 10                          30m of f sec tion t o SE
                                                                                  ABDD 03                                                                                                                                                                         -vei s in sediments
                                                                                                                                                                                                                                                                      n                                                                                     terminated 50m                        m ai nly in sediments
    A                                                                                                                                                                                                                                                                                                                                                                                                                                       A'
                                                                               (10m of f sect ion)                                                                                                                                                                      < 1 g/t Au                                                                          off sec ti on to SE
                                                                                                                                                                                                                                                                                                                                                                   -                                 grades < 1 g /t
                                                                                           -                                                                                                                                                                               -                                                                                                                               -
                                                                                                                                                                                                                                           ABDD 07

                                                                                                                                                                                                                                                                                                                                                                                                                                                      ABDD-01       4.35           6.80          287




                                                                                                                                                                                                                                                                                                           N
                                                                                               ABDD 01                                                                                                                                  S                                                                                                                                                                  ABDD 04
                ABDD 02                                                                                                                                                                                                                     0.55m@5. 67 g/ t Au                                                                                                                                            S 8.6m@ 1. 8 g/t A u
            S   0 .9m@2.95 g/ t A u                                                            S 4. 35m@6. 8 g/t Au                                                                                                                                68.6 g/ t Ag                                            ABDD 12                                               ABDD 10                                           40 g/ t Ag
                      146.8 g/ t A g                                                                    287 g/t A g                                                                                                                                                                                        S 10m @0.77 g/t A u                                   S 0.9m@3.6 g/ t Au
                                                                                                                                                                                                                                                                                                                  4 4.7 g/t Ag                                                                                 ABDD 04
          N




                                                                                                                                                                                                                                                                                                                                                                                                          N
                                                                                                                                                                                                                                                             N
                                                                                                                                                                                                                                                                                                                                                                                                           S   2.4m@3 g/ t Au


                                                                                                                                                                                                                                                                                                                                                                                                                                                      ABDD-04       5.50           2.28          55
                                                                                                                                                                                                                                                                                                                                                                                                                incl. 1m@6 g/ t A g
                                                                                                N




                                                                                                                                                                                                                                                                                                                                                                                                        Inf erred A banic o West Fault
                                                                                           ?
                                                                                                                                      depth > 200m                                                                                                                                                                                                                                                      (ac tual posit ion may vary due
                                                                                                                                                                                                                                                                                                                                                                                                        to hanging wall splays ).                     ABDD-07       0.55           5.67          68.6
                                                                                                                                                                           ?



                                                                                                                                          Inf erred Abani co West fault (depth unkn own)
                                                                                                                                                                          - will n cre ase t o SE
                                                                                                                                                                                 i
                                                                                                                                                                                                                                                                                                                                                                                                                                                      ABDD-11       0.50           6.36          436

                                                                                                                                                                                                                                                                                                                                                                                                        IAMGOLD ARGENTINA S.A.
                                                                                                                                                                                                                                                                                                                                                                                                                                                      ABDD-12       1.90           3.26          174
                                                                                                                                                                                                                                                                                                                                                                                                                  A BAN IC O PR OJ EC T

  100                0            1 00                         2 00 Me t er s                                                                                                                                                                                                                                                                                                                                  AB AN IC O LO NG S EC TION
                                                                                                                                                                                                                                                                                                                                                                                                                                                      CMDD-03 2.40                 27.00
                                                                                                                                                                                                                                                                                                                                                                            Dat e:                                 Scale:                 Au tho r:
                                                                                                                                                                                                                                                                                                                                                                            03-03-2003                             1: 5000                C. Brodie
                                                                                                                                                                                                                                                                                                                                                                                                                                                      CMRC-09 6.00                 11.30
                                                                                                                                                      N+ 4 3 5 0 0




                                                                                                                                                                                                                                                                                                                   N+ 4 3 5 0 0
                                                                                                                                                                                                                                                                                                                   N+ 4 3 5 0 0




                                                                                                                                                                                                                                                                                                                                                                                  N+ 4 7 0 0 0
                                                                                                                                                        5 7 1 0.




                                                                                                                                                                                                                                                   N+5 7 1 0 .0




                                                                                                                                                                                                                                                                                                                     5 7 0 0.
                                                                                                                                                                                                                                                                                                                     5 7 0 0.




                                                                                                                                                                                                                                                                                                                                               E5 6 5 0 0
                                                                                                                                                                                                                                                                                                                                               + 8 5 .0




                                                                                                                                                                                                                                                                                                                                                                                    5 3 0 .0
                                                                                                                                                                                                                                    E 6 8 0 .0 0
                                                                                                                                                                                                                                    E 6 8 0 .0 0
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                                       ?
                                                               $
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              2.4 m @ 27 g / /tt                                                                                       $                                                                                             CM DD 0 3
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                                                                                                                                       $                                                                                                                                                                                           SIL I CI F ICA T IO N

                                                           $ $
                                                                               $                                                                                                                                                                                    AN DES IT E
                                                                                                                       $ $
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                                                               $                                                                                                                                              9 30
                                                                                                                                                                                                          541
                                                                                                                                      $                                                                       20

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                                                                       $                                                                                                                   $            6
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                                       ?                                                                                                                                                                                           54
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                                                                                                                                                                                                                                                                  6 m @ 11 g / /tt
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                                                                                                                                                                           $
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                                                   $                       RH3YO LI T E D O M E
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                                                                                           50




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                                                                                                                                                                                       $                                                                                                                                              Alt era tio n
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                                                                                                                                                                                                                                                                                                                                                    Ka olinite
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                                                                                                                                                                           $                                          RH YO L IT E B RE CC IA                                                                                                       Alunite
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                                                                                                                                                                         $


                                                                                                                           3 4 .7 0
                                                                                                                              1
                                                                                                                                                                                           $                  1 m @ 2.6 g / /tt
                                                                                                                                                                                                               1 m @ 2.6 g                                                                                                        Dickite
                                                                                                                                      50

                                                                                                                                              1 00



                                                                                                                                                                       0
                                                                                                                                                                     50




                                                                                                                                                                                                                                                                           10         0      10      20 Me ter s




              Contact Info
              Hugh Oswald, IR                                                                                                                                                                                             John Hite, President
              T: 604.684.4743 ext. 243                                                                                                                                                                                    T: 509.466.1505                                                                                                                                                         Marifil is seeking a joint venture
              E: hugh@ascentacapital.com F: 509.467.5200                                                                                                                                                                                                                                                                                                                                          partner for this project.
                                                                                                                                                                                                                          E: jhite@marifilmines.com
                                                                                                                                 www.marifilmines.com

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Marifil Mines Los Menucos Project Fact Sheet

  • 1. TSXV: MFM Los Menucos Project October 2011 OVERVIEW Los Menucos Project Summary The Los Menucos Project comprises three large alteration zones Rio Negro Province aligned in a northeast-southwest direction along a major structur- Excellent year-around access al corridor. The three areas are named, from northeast to south- west, Cerro La Mina, Cerro Abanico, and Aguada de Guerra. Power, Water, Labour nearby Each of these areas are bordered to the southeast by a major <5 km to mining town and railroad highway and railroad, and each lies, respectively 5, 17, and 24 kilometers from the mining town of Los Menucos. Geology: Most of the work to date has concentrated on the Cerro La Mina Jurassic volcanics cut by epithermal veins and Cerro Abanico targets. This work includes soil and rock chip Structural corridor 5-10 km wide and up to 30 km long occupied by three large alteration sampling, geologic mapping, geophysical surveys (Induced zones (each measuring +5 km wide and up to Polarization), and drilling. 10 km long): Aquada de Guerra Two targets have been developed at Cerro Abanico: a bulk ton- Cerro Abanico nage gold-silver-lead-zinc target with a possible core zone of Cerro La Mina molybdenite and the Abanico vein. The Abanico vein is a low sul- fide epithermal vein. The best values drilled to date are 4.25 m thickness grading 6.8 g/t gold and 287 g/t sil- ver. The Catrin vein on the Cerro La Mina target contains 2.4 m grading 27 g/t gold and 6 m grading 11 g/t gold. Bulk tonnage gold targets are also pres- ent in this under-explored claim group. Principal targets in the Abanico Trend shown on a processed ASTER image
  • 2. Outc rop quality a l ng the section o HISTORIC DRILL RESULTS SS W ABRC 22 NNE Drill Hole # I n t e r c e p t Gold Silver (m) ABRC 14 (grams/t) (grams/t) terminated 20m o ff section t o eas t ABDD 10 30m of f sec tion t o SE ABDD 03 -vei s in sediments n terminated 50m m ai nly in sediments A A' (10m of f sect ion) < 1 g/t Au off sec ti on to SE - grades < 1 g /t - - - ABDD 07 ABDD-01 4.35 6.80 287 N ABDD 01 S ABDD 04 ABDD 02 0.55m@5. 67 g/ t Au S 8.6m@ 1. 8 g/t A u S 0 .9m@2.95 g/ t A u S 4. 35m@6. 8 g/t Au 68.6 g/ t Ag ABDD 12 ABDD 10 40 g/ t Ag 146.8 g/ t A g 287 g/t A g S 10m @0.77 g/t A u S 0.9m@3.6 g/ t Au 4 4.7 g/t Ag ABDD 04 N N N S 2.4m@3 g/ t Au ABDD-04 5.50 2.28 55 incl. 1m@6 g/ t A g N Inf erred A banic o West Fault ? depth > 200m (ac tual posit ion may vary due to hanging wall splays ). ABDD-07 0.55 5.67 68.6 ? Inf erred Abani co West fault (depth unkn own) - will n cre ase t o SE i ABDD-11 0.50 6.36 436 IAMGOLD ARGENTINA S.A. ABDD-12 1.90 3.26 174 A BAN IC O PR OJ EC T 100 0 1 00 2 00 Me t er s AB AN IC O LO NG S EC TION CMDD-03 2.40 27.00 Dat e: Scale: Au tho r: 03-03-2003 1: 5000 C. Brodie CMRC-09 6.00 11.30 N+ 4 3 5 0 0 N+ 4 3 5 0 0 N+ 4 3 5 0 0 N+ 4 7 0 0 0 5 7 1 0. N+5 7 1 0 .0 5 7 0 0. 5 7 0 0. E5 6 5 0 0 + 8 5 .0 5 3 0 .0 E 6 8 0 .0 0 E 6 8 0 .0 0 +5 5 0 +5 5 0 4 3 0 0 ? $ $ 2.4 m @ 27 g / /tt $ CM DD 0 3 CM R C0 9 2.4 m @ 27 g $ 9 0 .0 5 0 $ $ CM DD 0 5 $ $ $ $ SIL I CI F ICA T IO N $ $ $ AN DES IT E $ $ $ $ $ 9 0 .0 0 0 $ $ $ RHY OL IT E BR ECC IA $ $ 11 $ 9 30 541 $ 20 59 $ $ 6 $ ? 54 3 $ 274 4 $ 0 741 $ 605 $ $ 50 1 00 799 $ $ 8 0 .0 5 0 $ $ $ $ $ $ $ 6 m @ 11 g / /tt 6 m @ 11 g $ $ $ $ $ RH3YO LI T E D O M E 1 .8 9 5 BR ECC I A P IPE 50 $ $ 0 10 $ 0 $ 50 $ $ 2 0 .0 1 0 $ 50 $ RH YO LI T E D O M E 100 $ $ 0 50 $ $ $ $ $ $ $ $ $ $ $ $ Alt era tio n $ $ $ Ka olinite $ Silica ? $ vug gy silica $ $ $ Dickite $ RH YO L IT E B RE CC IA Alunite $ $ $ Illite $ $ $ $ 26 48 $ $ $ $ $ $ $ ? $ $ $ Kao lnite i $ 3 4 .7 0 1 $ 1 m @ 2.6 g / /tt 1 m @ 2.6 g Dickite 50 1 00 0 50 10 0 10 20 Me ter s Contact Info Hugh Oswald, IR John Hite, President T: 604.684.4743 ext. 243 T: 509.466.1505 Marifil is seeking a joint venture E: hugh@ascentacapital.com F: 509.467.5200 partner for this project. E: jhite@marifilmines.com www.marifilmines.com