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OVERVIEW The Los Menucos Project comprises three large alteration zones aligned in a northeast-southwest direction along a major structur- al corridor. The three areas are named, from northeast to south- west, Cerro La Mina, Cerro Abanico, and Aguada de Guerra. Each of these areas are bordered to the southeast by a major highway and railroad, and each lies, respectively 5, 17, and 24 kilometers from the mining town of Los Menucos. Most of the work to date has concentrated on the Cerro La Mina and Cerro Abanico targets. This work includes soil and rock chip sampling, geologic mapping, geophysical surveys (Induced Polarization), and drilling. Two targets have been developed at Cerro Abanico: a bulk ton- nage gold-silver-lead-zinc target with a possible core zone of molybdenite and the Abanico vein. The Abanico vein is a low sul- fide epithermal vein. The best values drilled to date are 4.25 m thickness grading 6.8 g/t gold and 287 g/t sil- ver. The Catrin vein on the Cerro La Mina target contains 2.4 m grading 27 g/t gold and 6 m grading 11 g/t gold. Bulk tonnage gold targets are also pres- ent in this under-explored claim group. October 2011 TSXV: MFM Los Menucos Project Los Menucos Project Summary Rio Negro Province Excellent year-around access Power, Water, Labour nearby <5 km to mining town and railroad Geology: Jurassic volcanics cut by epithermal veins Structural corridor 5-10 km wide and up to 30 km long occupied by three large alteration zones (each measuring +5 km wide and up to 10 km long): Aquada de Guerra Cerro Abanico Cerro La Mina Principal targets in the Abanico Trend shown on a processed ASTER image

Marifil Mines Los Menucos Project Fact Sheet

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OVERVIEWThe Los Menucos Project comprises three large alteration zones

aligned in a northeast-southwest direction along a major structur-

al corridor. The three areas are named, from northeast to south-

west, Cerro La Mina, Cerro Abanico, and Aguada de Guerra.

Each of these areas are bordered to the southeast by a major

highway and railroad, and each lies, respectively 5, 17, and 24

kilometers from the mining town of Los Menucos.

Most of the work to date has concentrated on the Cerro La Mina

and Cerro Abanico targets. This work includes soil and rock chip

sampling, geologic mapping, geophysical surveys (Induced

Polarization), and drilling.

Two targets have been developed at Cerro Abanico: a bulk ton-

nage gold-silver-lead-zinc target with a possible core zone of

molybdenite and the Abanico vein. The Abanico vein is a low sul-

fide epithermal vein. The best values drilled to date are 4.25 m thickness grading 6.8 g/t gold and 287 g/t sil-

ver.

The Catrin vein on the Cerro La Mina target contains 2.4 m grading 27 g/t gold and 6 m grading 11 g/t gold.

Bulk tonnage gold targets are also pres-

ent in this under-explored claim group.

October 2011

TSXV: MFM

Los Menucos Project

Los Menucos Project Summary

l Rio Negro Province

l Excellent year-around access

l Power, Water, Labour nearby

l <5 km to mining town and railroad

Geology:

l Jurassic volcanics cut by epithermal veins

l Structural corridor 5-10 km wide and up to 30

km long occupied by three large alteration

zones (each measuring +5 km wide and up to

10 km long):

l Aquada de Guerra

l Cerro Abanico

l Cerro La Mina

Principal targets in the Abanico Trend

shown on a processed ASTER image

HISTORIC DRILL RESULTS

Contact Info

Hugh Oswald, IR John Hite, President

T: 604.684.4743 ext. 243 T: 509.466.1505

E: [email protected] F: 509.467.5200

E: [email protected]

www.marifilmines.com

100 0 1 00 2 00 Me t ers

S S

S

SS

S

S

­­­­

N

N

N

N

N

Outcrop quality a long the section

A

SSW

0 [email protected] g/ t Au

146.8 g/ t Ag

[email protected] g/t Au

287 g/t Ag

(10m of f sect ion)

ABDD 02 ABDD 01

ABDD 03

depth > 200m

?

?

Inferred Abani co West fault (depth unkn own)

- will in cre ase to SE

ABDD 07

[email protected] g/ t Au

68.6 g/ t Ag

terminated 20m o ffsection to east

-vein s in sediments

< 1 g/t Au

ABRC 22

10m @0.77 g/t Au

4 4.7 g/t Ag

ABDD 12 ABDD 10

[email protected] g/ t Au

terminated 50m

off secti on to SE

ABDD 10

8.6m@ 1.8 g/t Au

40 g/ t Ag

ABDD 04

ABDD 042.4m@3 g/ t Au

incl. 1m@6 g/ t Ag

Inferred Abanico West Fault

(actual posit ion may vary due

to hanging wall splays).

ABRC 1430m of f section to SE

m ai nly in sediments

grades < 1 g /tA'

NNE

IAMGOLD ARGENTINA S.A.

A BANICO PROJ ECT

AB ANICO LO NG S ECTION

Date:

03-03-2003

Scale:

1:5000

Au tho r:

C. Brodie

Drill Hole # In te rcep t

(m)

Gold

(grams/t)

Silver

(grams/t)

ABDD-01 4.35 6.80 287

ABDD-04 5.50 2.28 55

ABDD-07 0.55 5.67 68.6

ABDD-11 0.50 6.36 436

ABDD-12 1.90 3.26 174

CMDD-03 2.40 27.00

CMRC-09 6.00 11.30

Marifil is seeking a joint venture partner for this project.

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E+56

8500.0

0

E+568

550.00

N+54

7300

0.00

N+5

4730

50.0

0

N+

5473

100.00

N+5

4731

50.0

0

850.00

900.00

950.00

CM DD 0 3

193.85

59 6

500

1 00799

50

100

CM DD 0 5

341.70

500

50

100

CM R C0 9

210.00

741

500

50

6055 0

5434274 0

119 30541 20

2648

100

RH YO LI T E D O M EBR ECC I A P IPE

AN DES IT E

SIL I CI F ICA T IO N

RHY OL ITE BR ECC IA

RH YO LI T E D O M E

RH YO L IT E B RE CC IA

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10 0 10 20 Me ter s

Alt era tio n

Ka olinite

Silicavug gy silicaDickite

AluniteIllite

Kao linite

Dickite

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E+56

8500.0

0

E+568

550.00

N+54

7300

0.00

N+5

4730

50.0

0

N+

5473

100.00

N+5

4731

50.0

0

850.00

900.00

950.00

CM DD 0 3

193.85

59 6

500

1 00799

50

100

CM DD 0 5

341.70

500

50

100

CM R C0 9

210.00

741

500

50

6055 0

5434274 0

119 30541 20

2648

100

RH YO LI T E D O M EBR ECC I A P IPE

AN DES IT E

SIL I CI F ICA T IO N

RHY OL ITE BR ECC IA

RH YO LI T E D O M E

RH YO L IT E B RE CC IA

?

?

?

?

10 0 10 20 Me ter s

Alt era tio n

Ka olinite

Silicavug gy silicaDickite

AluniteIllite

Kao linite

Dickite

6 m @ 11 g / t6 m @ 11 g / t6 m @ 11 g / t6 m @ 11 g / t

2.4 m @ 27 g / t2.4 m @ 27 g / t2.4 m @ 27 g / t2.4 m @ 27 g / t

1 m @ 2.6 g / t1 m @ 2.6 g / t1 m @ 2.6 g / t1 m @ 2.6 g / t