SAN FRANCISCO, Nov. 02, 2018 (GLOBE NEWSWIRE) -- New, economically viable deposits of lithium, nickel, cobalt and other metals required for lithium-ion batteries have never been so greatly in demand, notes Kris Kottmeier of The Venture Letter. He profiles one company that he believes is poised to benefit from this demand.

Company mentioned: Marifil Mines Ltd. (MFM:TSX.V; MFMLF:OTCQB)  

Marifil Mines is focused on the exploration for lithium in the famed Hombre Muerto lithium region; the development of the promising Las Aguilas nickel/cobalt/copper project; and the rapid development of a valuable, advanced-stage San Roque gold/zinc/silver/lead project with a world-renowned mining partner. All projects are in the mineral-rich, politically stable, and mining-friendly country of Argentina. Marifil offers strong potential for value appreciation in the near, medium and long term.

Hombre Muerto lies within the Puna Region of Argentina, which comprises some 30 salars (salt flats) with good potential to host lithium mineralization. Marifil Mines' properties all lie within this famous lithium region within the new, developing Carachi Pampa lithium basin.

Marifil Mines collected brine samples from shallow pits throughout this basin, obtaining preliminary indications of the presence of lithium. The highest lithium values reported by Marifil's exploration team were 171 ppm Li (parts per million) and 261 ppm Li. These are very encouraging initial sample results showing that further exploration work is required.

Marifil Mines has extensive lithium exploration work planned in 2019. The company is currently in discussions to acquire further lithium exploration properties of a highly prospective nature in the Lithium Triangle.

Continue reading this article: A Company for the Electric Revolution

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DISCLOSURE:

The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Marifil Mines.

Kris Kottmeier: I own shares of Marifil. My company has a financial relationship with Marifil. 

The full disclosure is provided at the end of the published article: A Company for the Electric Revolution

 

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