NEW YORK, June 21, 2018 (GLOBE NEWSWIRE) -- Marifil Mines Ltd. (TSXV:MFM) (OTCQB:MFMLF), a mineral exploration company based in Vancouver, Canada, announces it has engaged the corporate communications expertise of NetworkNewsWire ("NNW").

The company is engaged in an aggressive campaign for growth within the lithium space in Argentina. Pursuant to its strategy, Marifil recently expanded its lithium exploration program through entering into a definitive exploration agreement with Minera Esperanza S.A., a private Argentinean company. Under the agreement, the company has the option to purchase two lithium properties located in the Province of Catamarca, Argentina.

Upon exercise of the agreement along with Marifil’s recent acquisition of Ratones and Fraile claims, the company’s lithium exploration portfolio will cover a vast 15,267 hectares within the world-renowned “Lithium Triangle.” The two new lithium properties cover southern portions of Catamarca’s Carachi Pampa salar and comprise of two claims with a total of 8,739 hectares. In addition to the Carachi properties, Marifil recently acquired two brine properties in Catamarca, both of which span a total of 6,528 hectares, covering portions of alkali flats (“salars” or “salt lakes”) on the Puna plateau, a high elevation basin-like plain on the eastern slope of the Andes Mountains.

In addition, following a six-year hiatus, Marifil will be leading as the project operator in a diamond core drilling program on the San Roque property, in the Rio Negro province of Argentina. Marifil’s wholly owned subsidiary Marifil Mines S.A. (51 percent) and NOVAGOLD RESOURCES Inc.’s (NG.TO) wholly-owned subsidiary NovaGold Argentina Inc. (49% percent) jointly own the property, which is an advanced exploration stage project involving known mineralization where gold and zinc are of principal economic focus. The property is secured by 42,320 hectares of mine rights, of which all are free of any non-governmental production royalties and 9,449 are patented mining claims covering all known mineralization. Historical drilling on the property totals 15,837 meters (108 holes).

NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with Marifil Mines Ltd., NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the company.

“Marifil’s aggressive expansion strategy within Argentina positions it for opportunity in the Lithium Triangle of South America, an area rich with potential to meet growing demand for a key commodity to power electric vehicles and mobile devices," states Sherri Franklin, Director of Brand Awareness Distribution (BAD) Solutions for NNW. “We look forward to assisting the company with a dynamic corporate communications campaign that will place its strategy and accomplishments in front of shareholders and potential investors.”

About Marifil Mines

Marifil Mines Ltd. is a mineral exploration company based in Vancouver, Canada. The company is engaged in exploring, evaluating and acquiring mineral rich resource properties in Argentina. For further details regarding Marifil Mines Ltd., please refer to the company's filings available on SEDAR (http://www.sedar.com). For more information, visit the company's website at http://www.marifilmines.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

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NetworkNewsWire (NNW)
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