PRESENTATION BUILDING VALUE IN ARGENTINA San Roque - Gold Property Overview
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1 PRESENTATION 2018 BUILDING VALUE IN ARGENTINA San Roque - Gold Property Overview
2 02 PROJECT STATUS Advanced exploration stage epithermal polymetallic deposit (Au, Ag, In, Pb, Zn) 108 drill holes for 15,837 m US$7.5 M spent on property Patented mineral rights Royalty free
3 03 MINAS SAN ROQUE S.A Mineral rights 100% owned by Minas San Roque S.A Shareholders Agreement with NovaGold Resources Inc. NovaGold owns 49% of shares Marifil owns 51% of shares MARIFIL S INTENT Fund the next phase of exploration (~ US$1 mil.) Diamond core drilling of four holes for 800 m Produce an initial compliant resource
4 04 SAN ROQUE- LOCATION IN ARGENTINA In mining friendly of Rio Negro Province San Roque San Antonio Port Las Grutas City of Viedma Gulf of San Matías Mendoza Las Grutas Buenos Aires Puerto Madryn
5 05 SUSTAINABILITY 1 Rio Negro is a mining supportive province 2 Local political support has been expressed 3 No known health, safety or environmental incidents associated with the project 4 No indigenous population 5 No known protected or endangered fauna or flora
6 06 EXCELLENT INFRASTRUCTURE FOR MINE DEVELOPMENT Paved highway across property Railroad siding on property 65 km to Atlantic ocean port (San Antonio) High tension power lines cross property Highway access to property Industrial R.R.siding on property Trains transit the property San Antonio deep draft sea port nearby 132 KVA line across property
7 07 LAND STATUS Mineral rights = 37,055 hectares 92 patented mining claims = 9,449 hectares Private ranch land Impoverished desert terrain Surface use agreement
8 08 LAS AGUILAS MASSIVE SULFIDES
9 09 LAS AGUILAS EXPLORATION DRILLING Las Aguilas Resource Estimate Summary Las Aguilas Resource Summary by Wardrop Engineering Company Campaigns #RC Holes RC Meters #RC Holes Co% Au (ppm) Ag (ppm) MIM , , ,728 MFM , ,292 NG , , , , ,837 MIM = Mount Isa Mines MFM = Marifil Mines Ltd. NG = Nova Gold Resources Inc. Drill these silicified volcanics
10 10 ALL CAMPAIGNS DRILL HOLES LOCATIONS
11 11 REGIONAL GEOLOGY On major NW trans-continental lineament Paleozoic metasediment basement (schist) Jurassic volcano-sedimentary basin Extensive Quaternary alluvial deposits (cover)
12 12 REGIONAL GEOLOGY MAP
13 13 PROPERTY GEOLOGY Quartz-sericite-chlorite schist overlain by felsic volcanics and clastic sediments Diatreme-related caldera complex ~4 km-diameter AND/OR alternatively Half-graben, hinged along a NW-trending fault Ignimbrites, rhyolite tuff, polymictic breccias, mudstones, oxidized conglomerates
14 14 14 FORWORD-LOOKING STATEMENTS... This presentation includes forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of All statement, other than statements of historical fact, included herein including, without limitation, statement regarding anticipated completion of engineering studies, potential results of drilling and assays, timing of permitting, construction and production and other milestones, and Marifil's future operating or financial performance are forward-looking statements. Estimates of reserves and resources area also forward-looking statements in that they involve estimates of the mineralization that would be encountered, based on interpretation of drilling results and certain assumptions, if a deposit were developed and mined. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Marifil's expectations include financing in the debt and capital markets; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; the need for cooperation of government agencies and Native groups in the development of Marifil's properties; the need to obtain permits and governmental approvals; risks of operations such as accidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation in geological structures, ore grades or recovery rates; unexpected cost increases, fluctuations in metal prices and currency exchange rates, and other risks and uncertainties disclosed in Marifil's Annual Information Form for the current year, filed with the Canadian securities and regulatory authorities, and in other Marifil reports and documents filed with applicable securities and regulatory authorities from time to time. Marifil's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Marifil assumes no obligation to update forward-looking statements of management beliefs, opinions, or other factors should they changes.
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