Marifil Mines Corporate Presentation

Feb. 2013

BUILDING VALUE IN ARGENTINA

We Seek Safe Harbor

TSX: MFM www.marifilmines.com

100% ARGENTINA

We are good at finding mines and we have an expert team and process for doing this.

2


COMPANY OVERVIEW

Diversification Precious Metals Base Metals Fertilizers Non-Metals

Leverage JV Model: provides cash flow and exploration

dollars using Other People’s Money

3


VALUE INVESTMENT

More than $50 million spent on our properties to date. Nearly $1 million income in 2011. 163,000 oz. of gold (historic) at Arroyo Verde. 108 holes all carrying values at San Roque Some drill intercepts contain bonanza grades

exceeding 1,000 g/t silver and 5% copper at Tourel 5 million ton Cu, Ni, Pt, Pd, Au resource at Las Aguilas. Our projects are close to Infrastructure.

4


WHY WE ARE DIFFERENT

We are project generators not operators. We acquire good properties, add value, and then

farm them out. By keeping a royalty and a stake in the property Marifil’s value grows and so does it’s share price.

We generate cash flow from property payments. We maintain a pipeline of properties to replace those

sold or joint ventured.

5


OUR 2013 GOALS & TARGET PROPERTY

1. Drill the Arroyo Verde and/or Dos Lagunas 2. Arroyo Verde is an epithermal gold target with a

separate porphyry copper-molybdenum target 3. Project is adjacent to National Highway 3 along the

Atlantic coastline 4. 120 holes totaling 19,525 meters 5. Historic Resource of 163,000 oz gold equivalent 6. Drill Program planned for 2013 for Gold Target;

plan to farm out Porphyry Copper Target

6


ARROYO VERDE – GOLD & COPPER

7

GOLD TARGET

PORPHYRY COPPER TARGET


ARROYO VERDE – GOLD TARGET

8


ARROYO VERDE - IP - PORPHYRY COPPER TARGET

9

ONLY 9 HOLES IN 36 Sq. Km IP Anomaly!

Refugio – Porvenir Chargeability anomaly

Potassic-Argillic Alteration

Phyllic Alteration South IP anomaly


PRECIOUS METALS PROPERTIES

San Roque – gold, silver, indium, lead, zinc (JV) Arroyo Verde – Gold Porphyry Copper Target Toruel – silver, gold, indium, copper Ferrocarrilera – Epithermal Gold, Silver Dos Lagunas, - Gold Maquinchao – Epithermal Gold, Silver

10


SAN ROQUE JV

NovaGold Resources JV Marifil controls 51% interest in San Roque,

NovaGold (TSX: NG) holds 49% Second drill phase completed, highlights:

120 meters at 3.06 g/t gold equivalent 34 m at 2.26 g/t gold

FIVE DRILL CAMPAIGNS, 108 DRILL HOLES, AND NO BLANK HOLES!

11

TSX: MFM www.marifilmines.com 12

Mendoza Buenos Aires

Las Grutas Gulf of

San Matías

San Antonio Port

Las Grutas City of Viedma

Puerto Madryn

San Roque

SAN ROQUE – RIO NEGRO PROVINCE


SAN ROQUE– Discovery Outcrop – Visible Gold in Quartz Vein

Drill highlights include: 143 m of 0.74 g/t gold, 27.2 g/t silver,

0.37% lead, 0.55% zinc 11.7 m of 174 g/t indium 120 m of 3.06 g/t gold equivalent 144.5 m of 1.73 g/t gold equivalent

Excellent Infrastructure: Paved Highway Railroad 65 km to Ocean Port Hydroelectric Power Labor and water available

13

SAN ROQUE – IP ANOMOLY & DRILL HOLES

Grade and scale of mineralization similar to: Peñasquito (GoldCorp Inc.)

Camino Rojo

Montana Tunnels

14


BASE METAL PROPERTIES

Cerro Samenta Porphyry Copper Target Las Aguilas – nickel, copper, PGEs, gold

Los Menucos – Porphyry Copper Target? Additional projects and acquisitions in progress

15


CERRO SAMENTA – PORPHYRY COPPER TARGET – SALTA PROVINCE

Project located on prolific Archibarca Lineament Large number of high grade copper samples from

trenches 7 square kilometer IP anomaly Only 11 holes test the target and four are less than

50 m deep Targets: NW quarter of IP, source of high grade

copper in trenches, and mineralized breccia

16


CERRO SAMENTA – PORPHYRY COPPER TARGET

17

ONLY 9 HOLES IN 36 Sq. Km IP Anomaly!

17


Trench M – 22 m grading 4.19% copper

CERRO SAMENTA - PORPHYRY COPPER DEPOSIT

18 18


CERRO SAMENTA - TRENCH ASSAYS

19


LAS AGUILAS

The largest nickel copper platinum resource in Argentina

Preliminary bulk metallurgical tests are favourable

20


FERTILIZER PROJECTS

Potash, Phosphate, & Sulfur Properties in Neuquen Basin

Excellent Infrastructure Secure Land Tenure 298,000 hectare land

position in Neuquen Basin

21


THE MARIFIL ADVANTAGE

High grade deposits Good infrastructure No social or environmental problems Proximity to the Large Brazil and Argentina markets Mercosur Brazil-Argentina Trade Agreement – duty

free export of potash and phosphate to Brazil

22


POTASH (K-2, K-3, K-4, K-5* & K-6*)

Next to Vale’s Rio Colorado Potash Project Vale is spending $6.2 Billion on expanding Rail,

Power and a Port. We have large, high grade potash targets All of our targets have good to excellent infrastructure None of the targets have environmental or social

issues, all are in remote areas but with good access * final contract being negotiated

23


K-2 POTASH TARGET

79,000 Hectare land position

Four holes define a 100 to 200 million ton target

Excellent infrastructure

24


K-2 POTASH DRILL INTERCEPTS

25

Oil Well From (meters) To (meters) Thickness (meters) Grade (% KCl)

Conin x-1 1306.7 1312.1 5.4 18.0

1315.4 1321.2 5.8 23.7

Paso Hacha x-1 1498.8 1497.9 3.1 18.0

1500.1 1501.1 1.0 20.6

Pilantoqui x-1 1408.2 1418.3 10.1 18.2

1420.1 1421.7 1.6 22.2

Quili Malal 1280.3 1288.0 7.7 22.9

1290.0 1291.6 1.6 23.8


K-3 & K-4 POTASH PROJECTS

Good Infrastructure Shallow Targets

amenable to underground mining

Remote areas – no social or environmental issues!


K-3 & K-4 POTASH DRILL INTERCEPTS

27

Oil Well From (meters) To (meters) Thickness (meters) Grade (% KCl)

Md TQu x-1 1309.8 1311.0 1.2 31.7

MD LI x-1

741 745 4.0 31.7

Md RBI x-2 221.5 226 4.5 34.8


K-3 – RAMBLON 2V POTASH TARGET

28

Juan Carlos says Drill Here!


K-3 RAMBLON 2 DRILL TARGET

29


K-5 POTASH PROJECT

K-5 is adjacent to K+S’s El Porton Deposit

Excellent infrastructure High grade target

defined by 51 well logs Up to 7 separate potash

horizons

30


K-5 POTASH DRILL INTERCEPTS

31


K-5 IS HIGH GRADE!

Thick, high grade deposit Shallow depth Great Infrastructure 51 holes define the target No environmental or

social issues

32


K-5 – NO SOCIAL / ENVIRONMENTAL ISSUES

33


K-6 POTASH PROJECT

K-6 is an important new discovery

Excellent infrastructure High grade target

indicated by a well log Prospect is shallow and

could be very large

34


K-6 POTASH DRILL TARGET

35


SUMMARY

Experts on Argentina JV model – Use Other People’s Money Will also entertain Spin Out and Sale of properties Cash flow Diversified portfolio Discovery focused

36


SHARE STRUCTURE

TSX-V: MFM

Issued Share Capital: 64,241,883

Fully Diluted: 68,871,883

52 week range: $0.05 – 0.24

Recent Price: $0.05

Market Cap: 3.4 Million

37


CONTACT US For More information: John Hite, President 702 562-4880 [email protected] Hugh Oswald, Investor Relations 604 684.4743 ext.234 [email protected]

38


FORWORD-LOOKING STATEMENTS

This presentation includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statement, other than statements of historical fact, included herein including, without limitation, statement regarding anticipated completion of engineering studies, potential results of drilling and assays, timing of permitting, construction and production and other milestones, and Marifil's future operating or financial performance are forward-looking statements. Estimates of reserves and resources area also forward-looking statements in that they involve estimates of the mineralization that would be encountered, based on interpretation of drilling results and certain assumptions, if a deposit were developed and mined. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Marifil's expectations include financing in the debt and capital markets; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; the need for cooperation of government agencies and Native groups in the development of Marifil's properties; the need to obtain permits and governmental approvals; risks of operations such as accidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation in geological structures, ore grades or recovery rates; unexpected cost increases, fluctuations in metal prices and currency exchange rates, and other risks and uncertainties disclosed in Marifil's Annual Information Form for the current year, filed with the Canadian securities and regulatory authorities, and in other Marifil reports and documents filed with applicable securities and regulatory authorities from time to time. Marifil's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Marifil assumes no obligation to update forward-looking statements of management beliefs, opinions, or other factors should they changes.

39

Marifil Mines Corporate Presentation

Business

Transcript of Marifil Mines Corporate Presentation