Marifil Mines identifies multiple veins at silver property in Argentina

31 May 2012 (Last Updated May 31st, 2012 18:30)

Marifil Mines has intercepted two additional vein structures at its Toruel Property in Rio Negro Province, Argentina.

Marifil Mines has intercepted two additional vein structures at its Toruel Property in Rio Negro Province, Argentina.

The company worked in collaboration with its joint venture partner, Netco Silver on a prospecting, trenching and sampling programme at the site.

The additional vein structures, the El Cumpa vein and the Capo vein, were identified at the site, where until now only 50% of the property had been explored and mapped.

Marifil Mines said the El Cumpa vein, which was discovered 2,500m east of the Toruel vein, is now expressed by discontinuous, one-meter wide outcrops along a length of 1,100m and comprises multi-phased silica events.

The mineralisation consists of hydrothermal replacement breccias and numerous drusy silica veinlets, while fluorite veinlets are present at the eastern end of the vein.

Lying 250m to the north of the El Cumpa vein, the Capo vein exhibits one meter wide discontinuous outcrops over a strike length of approximately 950m.

Chilean-based ACME Labs have conducted tests on the trenches which have been opened across both mineralised structures and rock samples.

Marifil Mines said prospecting and mapping efforts are underway to tie the complete geological picture, while trying to identify the intrusive source for the Ag and Au mineralised systems.