Marifil Mines Reports New Gold System Discovery at the San Roque Gold Project

Original announcement by tmx on

Company
Marifil Mines Ltd.
Ticker
MFM
Exchange
TSX
Region
Rio Negro, Argentina
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-08-21 12:59:58 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Marifil Mines has announced the discovery of the NW Vein System, a new gold-bearing epithermal quartz vein system at the San Roque project in Argentina. Surface trenching revealed high-grade gold and silver intercepts, including 9.06 g/t Au over 1.7m, providing a new target for upcoming drilling.

Reasoning: The announcement reports a significant new discovery of an epithermal vein system with high-grade surface showings (up to 24.66 g/t Au) in an area previously undrilled.

Positive factors

  • New gold system discovery (NW Vein System)
  • High-grade channel samples (9.06 g/t Au)
  • Epithermal quartz vein signatures
  • QA/QC protocols disclosed

Negative factors

  • Undrilled zone (requires verification)
  • True width not stated for surface samples

Facts used in scoring: 6

Atlas analysis — Marifil Mines Ltd.: Marifil Mines Reports New Gold System Discovery at the San Roque Gold Project. 9.06 g/t over 1.7 m; 2.18 g/t over 3 m; 24.66 g/t over 0.2 m

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Discovery of the NW Vein System in an undrilled area of the property.

Evidence · text

“a new system of gold-bearing epithermal quartz veins (the " NW Vein System ") has been discovered at the San Roque property in a zone that has yet to be drill tested.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Detailed QA/QC protocols, including use of blanks, standards, and duplicates, and mention of ASI laboratory certification are provided.

Evidence · text

“The Company carried out a very careful and systematic Quality Assurance/Quality Control program”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 9.06 g/t Au over 1.7m is exceptionally high grade for an epithermal system.

Evidence · text

“1.7 meters of 9.06 g/t Au”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Channel samples and historical drill results are reported without true width or orientation.

Evidence · text

“true width unknown”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

T-3San Roque · goldGrade: 9.06Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
T-3
Project
San Roque
Commodity
gold
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
9.06
Grade Unit
g/t
Intercept
1.7 m

Classification

Sample Type
channel
Group ID
T-3:0-1.7
Mining Method
unknown

QA/QC

Laboratory
Alex Stewart (International) Argentina S.A. (ASI)
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: 9.06 g/t Au over 1.7m is a strong high-grade intercept for an epithermal system.

Positive factors

  • Bonanza Intercept

Evidence · text

“1.7 meters of 9.06 g/t Au with 82 g/t Ag”
T-3San Roque · silverGrade: 82Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
T-3
Project
San Roque
Commodity
silver
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
82
Grade Unit
g/t
Intercept
1.7 m

Classification

Sample Type
channel
Group ID
T-3:0-1.7
Mining Method
unknown

QA/QC

Laboratory
Alex Stewart (International) Argentina S.A. (ASI)
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: Significant silver credit accompanying high-grade gold.

Evidence · text

“9.06 g/t Au with 82 g/t Ag”
T-8San Roque · goldGrade: 2.18Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
T-8
Project
San Roque
Commodity
gold
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
2.18
Grade Unit
g/t
Intercept
3 m

Classification

Sample Type
channel
Group ID
T-8:0-3.0
Mining Method
unknown

QA/QC

Laboratory
Alex Stewart (International) Argentina S.A. (ASI)
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: Moderate grade intercept in an open-ended trench.

Evidence · text

“3 meters at 2.18 g/t Au”
T-9San Roque · goldGrade: 24.66Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
T-9
Project
San Roque
Commodity
gold
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
24.66
Grade Unit
g/t
Intercept
0.2 m

Classification

Sample Type
channel
Group ID
T-9:0-0.2
Mining Method
unknown

QA/QC

Laboratory
Alex Stewart (International) Argentina S.A. (ASI)
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: Very high grade (24.66 g/t) but extremely narrow (0.2m) channel sample.

Positive factors

  • Bonanza Intercept

Negative factors

  • Apparent Width Only

Evidence · text

“0.2 meter channel sample in Trench 9 of 24.66 g/t Au”
T-9San Roque · silverGrade: 77.7Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
T-9
Project
San Roque
Commodity
silver
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
77.7
Grade Unit
g/t
Intercept
0.2 m

Classification

Sample Type
channel
Group ID
T-9:0-0.2
Mining Method
unknown

QA/QC

Laboratory
Alex Stewart (International) Argentina S.A. (ASI)
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: Significant silver grade in high-grade gold interval.

Evidence · text

“24.66 g/t Au with 78 g/t Ag”
MIM RC 11San Roque · goldGrade: 4.26Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MIM RC 11
Project
San Roque
Commodity
gold
Region
argentina
Reported Region
Rio Negro, Argentina
Ticker
MFM

Geometry

Grade
4.26
Grade Unit
g/t
Intercept
2 m

Classification

Sample Type
drill
Mining Method
unknown

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2000-01-01T00:00:00.000Z

Dates

Event date
2018-11-05T00:00:00.000Z

Reasoning: Historical drill result from 2000; true width unknown.

Negative factors

  • Apparent Width Only

Evidence · text

“2 meters of quartz veining carrying 4.26 g/t Au (true width unknown)”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.