Lithium is derived from hot waters of volcanic origin leaching it from volcanic rocks flanking salt lakes where it becomes concentrated by evaporation. The salt lakes have no outlet except for evaporation, and are called brine salars. Hydrothermal solutions emanating from regional faults in the volcanics often enrich the brine with lithium, boron, potassium and magnesium.

Marifil had an active lithium exploration program in 2009 that it is now reviving on the basis of its proprietary information gained in the past.

Marifil has one unexplored mine right (called a cateo), has applied for another and is in advanced negotiations for a purchase option on a third property which covers a portion of a salar currently being drilled by a competitor.

These property locations all have proximal volcanic lithium source formations. Marifil has a favorable geochemical data base supporting the acquisition of the properties and is moving forward to solidify a significant property portfolio for lithium in the Argentine puna within the renowned “Lithium Triangle”.

Marafil’s Lithium Experience

  • In 2009 Marifil had a lithium exploration program in Salta and Catamarca provinces.
  • Staked 12 properties covering 61,500 has.
  • Generated a large proprietary geologic and geochemical data base.
  • This information is being employed in resuming lithium exploration in the region.
  • In 2009 Marifil had a lithium exploration program in Salta and Catamarca provinces.

  • Staked 12 properties covering 61,500 has.

  • Generated a large proprietary geologic and geochemical data base.

  • This information is being employed in resuming lithium exploration in the region.

 

Ratones & Fraile, Catamarca Provinces, Argentina

  • A small population of reconnaissance samples
  • Best value so far 14 ppm Li, 134 ppm K and 141 ppm B
  • Planning more comprehensive and better sampling using augers or hand dug pits

Ratones Property

  • Marifil has the Ratones property and has refiled for recovery two of it Fraile exploration rights (cateo).
  • Ratones & Fraile total 6,528 has. covering portions of brine salars.
  • A few surface reconnaissance samples taken.
  • Best value: 14 ppm Li, 134 ppm K and 141 ppm B.
  • Next step is to do hand dug pit sampling.
  • An option on lithium brine salar property is being negotiated.
  • Marifil already has a 1% NSR on it.
  • The salar is currently being drilled with two drill rigs.
  • This salar has excellent lithium source rocks flanking it.
Project
  • Marifil has the Ratones property and has refiled for recovery two of it Fraile exploration rights (cateo).
  • Ratones & Fraile total 6,528 has. covering portions of brine salars.
Ratones Claim
  • A few surface reconnaissance samples taken.
  • Best value: 14 ppm Li, 134 ppm K and 141 ppm B.
  • Next step is to do hand dug pit sampling.
Work in Progress
  • An option on lithium brine salar property is being negotiated.
  • Marifil already has a 1% NSR on it.
  • The salar is currently being drilled with two drill rigs.
  • This salar has excellent lithium source rocks flanking it.

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