Marifil Mines Ltd.
TSX VENTURE : MFM

Marifil Mines Ltd.

April 11, 2007 08:05 ET

Marifil Adds Second Property in the El Indio-Veladero Gold Belt

SPOKANE, WASHINGTON--(CCNMatthews - April 11, 2007) - MARIFIL MINES LTD. (TSX VENTURE:MFM) ("Marifil" or "the Company") announces that it has signed a definitive agreement to acquire 100% of the Avestruces property (Avestruces) in San Juan Province, Argentina from a private Argentinean claim owner. This property lies within the world famous El Indio-Veladero gold belt, host of Barrick Gold's vast Pascua-Lama and Veladero deposits. Avestruces comprises about 7,485 hectares, lies at an elevation of 3,000 meters MSL, and is located about 135 kilometers northwest of San Juan City.

Avestruces becomes Marifil's second property in this prolific gold belt, located about 75 kilometers south of Marifil's Amarillo gold property where ATW (TSX VENTURE:ATW) is engaged in a diamond core drilling program under terms of a joint venture agreement with Marifil (See Marifil News Release of December 12, 2006).

The Avestruces buy-out agreement contains no work obligations or royalty provisions. Marifil has agreed to pay US$1,000,000 over 60 months to the property owner, but maintains the right to terminate the agreement at any time without penalty. The bulk of the payments are due in the final 24 months.

The property is marked by a striking display of high-level hydrothermal alteration encompassing some ten square kilometers. Alteration caused by super heated steam is widely manifested by vuggy silica, native sulfur, alunite, as well as an area with massive and pervasive replacement of bedrock by silica, all surrounded by a large argillic or clay alteration halo.

Reconnaissance geochemical sampling has found gold values up to 800 parts per billion, and up to 22.6 parts per million (ppm) mercury, greater than 8,000 ppm antimony, with anomalous amounts of copper and molybdenum.

Strongly anomalous amounts of gold up to 1.5 g/t are present in Bulk Leach Extractable Gold (BLEG) samples taken from creeks draining the hydrothermally altered area. (BLEG sampling is widely used as an important screening tool to identify broad mineral deposit target areas).

The Company is highly encouraged by the extensive alteration combined with these strongly anomalous gold samples, and believes they are indicative of a high level hydrothermal system capping a gold deposit. Marifil plans to begin a detailed geologic mapping and rock sampling program within the next few months to define specific drill targets.

John Hite, President of Marifil notes that, "This acquisition is in keeping with out business plan of acquiring high quality projects at reasonable prices and maintaining a pipeline of new projects to replace those being farmed out."

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.

Forward-Looking Statements: This news release may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com.)

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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