Wednesday 26th October 2016

Resource Clips

Marifil, NovaGold report Argentina Gold Assays as high as 2.27 g/t over 35m

Resource Clips - essential news on junior gold mining and junior silver miningMarifil Mines Limited TSXV:MFM in joint venture with NovaGold Resources Inc TSX:NG announced drill results from the San Roque gold prospect in Rio Negro province, Argentina. Highlights include

1.28 g/t gold and 16.49 g/t silver over 33 metres
51.69 g/t silver over 10 metres
1.45 g/t gold over 16.2 metres
0.93 g/t gold and 19.05 g/t silver over 52.2 metres
1.72 g/t gold and 32.22 g/t silver over 13.5 metres
22.91 g/t silver over 20.4 metres
48.42 g/t silver over 15 metres
50.35 g/t silver over 18.6 metres
0.85 g/t gold over 81 metres
2.27 g/t gold and 42.62 g/t silver over 35 metres
1.12 g/t gold and 15.3 g/t silver over 37.5 metres

Marifil Executive VP Richard Walters commented, “San Roque has evolved through six successive drilling programs into a very valuable asset for Marifil. It is now a substantial mineral deposit discovery that may well prove to be an ore body as work continues.”

NovaGold has earned a 49% interest in San Roque and has the right to increase its ownership to 70%. It is the project operator.

View Company Profile

Marifil Mines Ltd
John Hite

or NovaGold Resources Inc
Neil MacRae
Director, Investor Relations

by Ted Niles

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