Marifil Mines Ltd.
TSX VENTURE : MFM

Marifil Mines Ltd.

September 14, 2010 16:20 ET

Marifil Mines Announces Renegotiation to Sale of Lithium Properties

SPOKANE, WASHINGTON--(Marketwire - Sept. 14, 2010) - MARIFIL MINES LTD. (TSX VENTURE:MFM) ("Marifil" or "the Company") announced on August 12, 2010 that the Company had entered into an agreement with Renholn International for the sale of its two lithium claims in Salta Province and seven lithium claims in Catamarca Province.

The Province of Salta recently notified the Company that the two claims that comprise the Salta Project are invalid. The claims were originally staked in 2007 as part of a porphyry copper program. The Company later moved to drop the claims but when the lithium boom started, the Company used a clause in the Mining Code to cancel the letter dropping the claims. This letter was sent in 2009 and the Company was under the assumption that the claims were still valid. Subsequently this area has been restaked by a third party.

The Company is currently working with Renholn to renegotiate the sale or replace the Salta Property with additional claims.

"It is unfortunate that we've run into this difficulty with our Salta project," stated John Hite, President of Marifil Mines. "This unforeseen issue has taken all of us by surprise but we are working with Renholn to potentially renegotiate the sale by replacing the claims with new ones. It is important to both Marifil and Renholn that we find a solution that is mutually beneficial for both of the companies and our shareholders. Marifil is also reviewing our processes to ensure that this issue does not occur again. I would like to emphasize that all of the claims in Catamarca Province are in good standing and further emphasize that we believe these are the most prospective lithium claims in the package."

Due to this issue, the Company has reviewed all of its claims. All of the Company's other properties are in good standing, including the Catamarca Property.

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.

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Marifil Mines Ltd. "Marifil", has taken all reasonable care in producing and publishing information contained in this news release, and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Marifil assumes no responsibility. Marifil does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Marifil be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.

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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