VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 19, 2013) – MARIFIL MINES LTD. (TSX VENTURE:MFM) (“Marifil” or “the Company”) announces that its partner, Southern Copper (“SC”), has sent it a progress report on SC’s work on the Cerro Samenta porphyry copper project in Salta Province.
SC reports that its environmental report (necessary prior to drilling) has been approved by the Mining Secretary of Salta Province. Meanwhile SC has been carrying out geologic mapping at a scale of 1:25,000, and has collected and analyzed 338 rock samples.
SC further reports that it will be building access roads and drill pads during the coming months.
About Southern Copper Corp.
Southern Copper Corporation is an integrated copper producer and in 2011 was the 7th largest copper producer in the world with sales of $6.8 billion. SC produces copper, molybdenum, zinc and silver. All of its mining, smelting and refining facilities are located in Peru and Mexico, and SC conducts exploration activities in those countries and in Argentina, Chile and Ecuador. The Company operates in three segments: Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Peruvian operations include the Toquepala and Cuajone mine complexes and the smelting and refining plants, industrial railroad and port facilities. The Peruvian operations produce copper, with production of by-products of molybdenum, silver and other material. Mexican open-pit operations include the La Caridad and Buenavista mine complexes and the smelting and refining plants and support facilities, which service both mines. The Mexican open-pit operations produce copper, with production of by-products of molybdenum, silver and other material.
SC was incorporated in the USA as Southern Peru Copper Corp. a subsidiary of ASARCO Inc. In 1999 Grupo Mexico S.A.B. de C.V. acquired 100% of ASARCO Inc. Grupo Mexico controls SC through a subsidiary Americas Mining Corp.
This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President, under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.
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- Marifil Mines Ltd.
- John Hite
- (702) 562-4880
- Marifil Mines Ltd.
- Hugh Oswald
- Investor Relations
- (604) 838-2855