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This blog was created to publish news on argentinean mining, thus complementing our website and presence in social networks. As all of our activities, it intends to connect the mining community in Argentina and provide a place to promote the activity in the world, developing business opportunities.

15 sept. 2011

Marifil Completes Purchase of Key San Roque Claims

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2011) - Minsud Resources Corp. (TSX VENTURE:MSR) ("Minsud" or the "Company") is pleased to announce results from Phase I drilling program at the Brechas Vacas property within Chita Valley Project in Argentina strategically located in the world-class El Indio mining district of Chile and Argentina where the Pascua-Lama and Veladero mines (Barrick) and the Del Carmen project (Malbex Resources) are located.

The Chinchillones target is silver (±Au) and base metals mineralized corridor (system of sheeted veins) striking NE hosted in Upper Carboniferous sandstones and shales. Within the northernmost part of the corridor drill hole ChS1104 intercepted 72.0 g/t silver and 0.23 g/t gold over 13.0 m and 393.0 g/t silver and 0.44 g/t gold over 1 meter confirming the continuity up to 220 m depth of a mineralized corridor previously found by surface trenching and drill hole MSA08C (see section on Exhibit I and location map on Exhibit II) over an area of 300 m long by 30 m wide. The veins are composed of crystalline, vuggy quartz often with comb-like structures infilled with sulphides and in some cases the vein structures are wider than 10 m with the individual veins three to four cm wide (locally up to 80 cm). Those thin veins were intersected in Chs1101 grading 105.0 g/t Ag, 0.18 g/t Au, 1.34 % Cu, 0.34% Pb, 1.56% Zn over 2 meters,, Ch1103 intersected 79.0 g/t Ag, 0.31 g/t Au, 0.13 % Cu, 6.71 % Pb, 20.45% Zn over 1 meter and CHS1105 intersected 136.0 g/t Ag, 0.40 g/t Au, 2.07 % Pb, 6.96 % Zn over 2 meters.




Roberto Milanese, Minera Sud Argentina S.A. VP Exploration said "it is remarkable the continuity of the Ag + Au + Base metals mineralization within the corridor, remaining open along strike and at depth, warranting further drilling."

Mr. Carlos Massa, President and CEO said "we are pleased to report that given this promising results Minera Sud Argentina S.A (MSA), has already exercised its option to buy the 50% of the Brechas Vacas´s mining rights for the amount of USD 210,000. The payment will be effective concurrently with the transfer of 100% mining rights to a trust to be designated by MSA and the assignment of 50% of the beneficial rights to MSA, Minsud wholly owned subsidiary, within the next 90 days."

Mr. C. Gustavo Fernandez, Professional Geoscientist in the Province of Ontario, is the Qualified Person as defined by NI 43-101. Mr. Fernandez has read and approved the contents of this release.

To view Exhibit I: Section please visit the following link:

http://media3.marketwire.com/docs/Minsud.jpg.

To view Exhibit II: Drilling Program Targets Phase I please visit the following link:

http://media3.marketwire.com/docs/minsud%202.jpg.

About Minsud Resources Corp.:

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley project, primarily for gold, silver and copper in San Juan Province, Argentina.

Additionally, the Company holds a portfolio of approximately 75,000 ha of 100% owned exploration properties in Patagonia. Most of the key properties held by the Company are located in mining friendly provinces like San Juan and Santa Cruz, Argentina.

Quality Assurance/Quality Control: Drill core samples were submitted to Alex Stewart (Assayers), Argentina S.A. an ISO 9000-2000 accredited laboratories located in Mendoza, Argentina. Gold and silver results were determined using standard fire assay techniques on a 50 gram sample with a gravimetric finish for gold and silver. MINSUD's QA/QC program includes the insertion of blanks, standards and duplicates into the sample stream for Chita drill holes.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, anticipated financial results, future work programs, capital expenditures and objectives. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in the Company's TSXV Filing Statement dated under the heading "Risk Factors". There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information



Minsud Resources Corp.
Carlos Massa
President and Chief Executive Officer
+54-11-4328-4067
cmassa@minsud.com

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