NetworkNewsBreaks – Marifil Mines Ltd. (TSX.V: M
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Posted On: 09/20/2018 4:43:00 PM
NetworkNewsBreaks – Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) Exploring in an Inviting Regulatory Environment for Investors
Vancouver-based junior exploration company Marifil Mines (TSX.V: MFM) (OTCQB: MFMLF) holds lithium interests in Catamarca province, in the same geologic and mining region that hosts FMC’s world-renowned Hombre Muerto mine. A recent article discussing the company’s holdings reads: “Despite its economic woes (the country has asked the IMF for $50 billion), Argentina is moving ahead with plans to create an inviting regulatory environment for investors in the lithium industry. The new administration, installed since the inauguration of President Mauricio Macri in 2015, has lowered corporate income tax to 30 percent from 35 percent; in 2020, it will be reduced further to 25 percent. In addition, export taxes on minerals have been eliminated and so have taxes on mining equipment and parts (http://nnw.fm/vg7iN). … Marifil’s holdings span 15,267 hectares (59 square miles) and include its recently acquired Ratones and Fraile claims, as well as two lithium mine rights covering the southern portions of the Carachi Pampa salar in the Province of Catamarca, one of which is contingent on receiving a clean title report.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Vancouver-based junior exploration company Marifil Mines (TSX.V: MFM) (OTCQB: MFMLF) holds lithium interests in Catamarca province, in the same geologic and mining region that hosts FMC’s world-renowned Hombre Muerto mine. A recent article discussing the company’s holdings reads: “Despite its economic woes (the country has asked the IMF for $50 billion), Argentina is moving ahead with plans to create an inviting regulatory environment for investors in the lithium industry. The new administration, installed since the inauguration of President Mauricio Macri in 2015, has lowered corporate income tax to 30 percent from 35 percent; in 2020, it will be reduced further to 25 percent. In addition, export taxes on minerals have been eliminated and so have taxes on mining equipment and parts (http://nnw.fm/vg7iN). … Marifil’s holdings span 15,267 hectares (59 square miles) and include its recently acquired Ratones and Fraile claims, as well as two lithium mine rights covering the southern portions of the Carachi Pampa salar in the Province of Catamarca, one of which is contingent on receiving a clean title report.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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