MFMLF Profile

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OUR NEW PROFILE IS:   MFMLF

(TSXV: ICON)            (FRA: MMRB)

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Good Morning Traders,

Our Gold Profile is International Iconic Gold Exploration Corporation (OTC: MFMLF)

International Iconic Gold Exploration Corporation (OTC: MFMLF) (TSXV: ICON) (FRA: MMRB) is in the business of acquiring, exploring, and evaluating mineral resource properties in Argentina. The Company’s focus is strictly in and on building value in Argentina, where it currently has 10 properties. It has never held property interests in any other country, and its Board of Directors intends to maintain that course. The Company has been and continues to be involved in a diversity of mineral properties hosting: Alkali Metals (Li + K & B), Base Metals (Co, Ni, Cu, & Zn + Pb), Precious Metals (Au & Ag), Fertilizers (K & P), Industrial Minerals (Limestone), and Hydrocarbons (Oil & Gas). Its current mission priority is in boosting its San Roque property along with its Nickel/Cobalt (Las Aguilas) & Lithium (Carachi Pampa) assets.

OVERVIEW

International Iconic Gold Exploration Corp. (“Iconic” or the “Company”) owns the rights to the San Roque gold project. This Project is being explored by Iconic for intermediate sulphidation gold mineralization and is an early stage exploration property in the Province of Rio Negro, Argentina. A gold, silver, and base metals resource assessment released in July 2019 contained in the Technical Report shows an Inferred Mineral Resource of 32.9 Million tonnes for a combined grading 1.42 g/t gold equivalent (“AuEq”) for 1,499,900 AuEq ounces at a 0.6 g/t AuEq cut-off grade. Included within this gold equivalent are 486,600 ounces of Au, 12,770,700 ounces Ag, 279,788,900 pounds Pb, 566,930,300 pounds Zn, and 12,586,000 ounces In with average grades of 0.46 g/t Au, 12.08 g/t Ag, 0.39% Pb, 0.78% Zn, and 11.90 g/t In (indium) respectively.

LOCATION

Situated 85 kilometers west of the deep seaport San Antonio Este, in Rio Negro Argentina, the San Roque prospect is accessible by high volume highway, which borders the property. Close to water and a nearby labour force, the property also boasts hydroelectric power.

The location covers a coastal desert of relatively flat topography with an elevation of 100 to 300 meters. This open, low and flat terrain which could support support a large-surface mining project infrastructure.

Windmills on the property produce enough water for the coastal desert sheep located in the fossil valleys, with a private land access agreement in place.

The semi-arid climate is ideal for year-round mineral exploration and operations.

 

INFRASTRUCTURE

Excellent and readily accessible local infrastructure exists at San Roque. The Project includes the following features:

  • High tension power lines
  • Natural gas pipeline
  • Standard gauge railway
  • Modern high-volume highwayThe road and rail networks lead to deep water ports on the close by, Atlantic coast. Within 100 km of the site are local airports, lodging and health care facilities as well as the main population and commercial centers of the Rio Negro Province.The natural gas pipeline and an electrical powerline cross the property at its Aguada Cecilio entrance.

DRILLING HISTORY

Identified by MIM Exploraciones SA (“MIM”) in 1998, San Roque was first explored on the basis of quartz vein and stockwork showings. By 2002, MIM had mapped, conducted soil and rock geochemistry studies.

Magnetic (42 km) and IP (70 km) surveys were completed and MIM and drilled 19 holes. Iconic started working on the property in 2006, reinterpreted magnetic data, conducted two trenching programs, and 55 diamond drill core holes.

Marifil S.A. resumed exploration work on the Property in 2006 completing geochemical sampling, trenching, geophysics, geological mapping, and two drilling campaigns during 2007. NovaGold Resources Inc. subsequently completed 34 drill holes in 2011 and additional drilling was taken on by Iconic.

 

GEOLOGY

San Roque lies within the Somuncura Massif, a crustal-scale geomorphologic unit consisting of Precambrian to Cambrian metamorphic, Paleozoic plutonic intrusive, and Mesozoic to Cenozoic volcanic and sub-volcanic rocks. The metamorphic rocks comprise gneiss and mica schist and are intruded by Carboniferous and Permian granitoid bodies. Triassic-Jurassic volcano-sedimentary rocks form an extensive plateau over the massif.

San Roque is located in the northeast part of the Somuncura Massif which consists of Upper Triassic and Jurassic rocks, mostly dacite and rhyolite ash-flows and synchronous co-magmatic domes, lava flows and dikes known as the Marifil Complex.

There are currently more than 25 epithermal gold and silver exploration and development projects ongoing within the Somuncura Massif. Two of the most significance are La Navidad with a Measured & Indicated resource of 532 million ounces of silver, and Calcatreu with a Measured & Indicated resource of 676 thousand ounces of gold.

 

MINERALIZATION

Gold, silver, lead, zinc and indium mineralization are hosted within two styles of vein systems. These zones are relatively broad and gently dipping.

This mineralization is associated with pyrite, galena, sphalerite in veins, veinlets, breccia-related dissemination. These sulfides carry gold and chalcopyrite mineralization with them and occur as seams and linings in quartz-adularia veins often of stockwork character, as cementing matrix in volcanic breccias and as disseminations speckled within the rocks surrounding the veins and breccias.

Extensive intervals of drilling return grades of gold (0.1-0.5 gpt), silver (1-20 gpt), Pb (0.1- 0.3 %) and Zn (0.1-0.5%) with indium varying from nil to 600 gpt. Most drill holes were terminated in mineralization because the importance of low-grade disseminated or fine stockwork mineralization has been under- appreciated until recently. To date, mineralization is open in every direction and in particular to depth.

DRILLED ZONES

Four bodies or zones of mineralization have been encountered by drilling. All are open to expansion by continued drill testing.

Inferred tonnage and grade resources and contained quantities of metals have been calculated. These are summarized as: being about 33 million tonnes of 1.42 g/t AuEQ (gold equivalent) at a cut off grade of 0.58 g/t Au EQ, in all containing about 1⁄2 million ounces of gold and 13 million ounces of silver plus other valuable elements.

MFMLF has a compelling chart setup; currently trading just under a nickel and level 2 looks super thin.  This one could fly with some momentum.

NEWS

Iconic Gold Launches New Gold Exploration Program in the Castaño District

The Company is Engaged in Competitively Acquiring Claims in the Historic Castaño Viejo Mining District of Argentina and in Fielding Work for Assessing Gold Drilling Targets

Vancouver, B.C., Dec. 01, 2021 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corporation (“Iconic Gold” or the “Company”) (TSXV:ICON) (OTC:MFMLF) announces its current greenfield gold exploration focus is on the Castaño Viejo mining district located in the eastern front of the Andes Cordillera at moderate altitudes of 2,000 to 3,000 meters in San Juan Province, a top mining friendly jurisdiction in Argentina. It is accessible by roads 4 hours’ drive from the provincial capital city of San Juan.

To date, Iconic Gold has acquired 3,946 hectares of mining claims and has applications pending for another 1,380 hectares. Of the acquired claims, 108 hectares are Minas, or mining concessions, and 3,838 hectares are Cateos, or exclusive mineral exploration rights.

The Castaño Viejo mining district was a noted lead-silver and zinc producer in the 1950s, that historically displayed numerous lead-zinc-silver and also copper-gold vein prospects with small diggings and abandoned mines on many of them. The Company holds an exploration model wherein these veins are thought to be symptomatic of hydrothermal metals zoning peripheral to nearby igneous intrusive hosted gold-copper prospects, as they lie within a geologically mapped north trending structural (deep seated faults) belt of hydrothermally altered intrusives (granodiorite and quartz-monzonite porphyries) and associated hydrothermal breccias commonly showing geochemically anomalous gold and copper. This structurally controlled mineral belt exceeds 100 kilometers in length.

“There has been extensive exploration done in this region in the last 20 years, which led us to acquire our land positions,” stated Iconic Gold President and CEO, Robert Abenante.

“In particular, a regional cross structural intersection identified several decades ago, exposed hydrothermal alteration in appropriate host rocks that our team has identified to warrant further detailed work and drill-testing,” continued Mr. Abenante.

A reconnaissance field examination by Iconic Gold’s geologists confirmed this prospective zone to be a component of the northeast trending complex of prospective hydrothermally altered intrusives and volcanic breccias.

There is intense revitalized industry interest in the Castaño mineral belt. It is a frenzy of activity now crowded with mining claims. Numerous junior mining companies have competed for and acquired claim positions in the district, notably Sable Resources Ltd. in joint venture partnership with mining investment giant South 32 Ltd. of Australia. Another is Canadian junior Turmalina Metals Corporation (“Turmalina”), which company recently announced a high grade copper-gold discovery within the Castaño mineral belt just 10 kilometers north of Iconic Gold’s mining claims.1 Shown on Turmalina’s website, their discovery is based on 47 drill holes that penetrate a circular tourmaline (a crystalline boron silicate mineral) breccia pipe about 100 meters in diameter hosting heavy sulfide mineralization that is likely rooted in a kilometer deep igneous intrusion of porphyry copper nature.

Iconic Gold has a substantial technical database generated by former explorers of the Castaño Viejo mining district as well as its own preliminary geological field investigation there. From this, it has identified numerous and various types (sediment, soil, regolith and outcrop) of geochemical gold anomalies as well as tourmaline breccia pipes on the mine rights it holds and/or has applied for. The Company is currently fielding a consulting geological contractor with a mission to verify those gold anomalies and to continue and expand its investigative geochemical sampling of its mining claims.

Iconic Gold’s management is optimistic specific gold exploration drilling targets on its mining claims can be identified for tourmaline breccia pipes and/or large intrusive (porphyry) and volcanic breccia hosted deposits containing various manifestations of gold mineralization.

QUALIFIED PERSON

The technical information disclosed within this document has been prepared by Richard R. Walters, Executive Vice President of International Iconic Gold Exploration Corp. Mr. Walters is a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), and is the person under whose direction the San Roque, Argentina project is being carried out. Mr. Walters is a certified Professional Geologist by the American Institute of Professional Geologists (AIPG) and holds a Legion of Honor Membership in the Society for Mining, Metallurgy and Exploration (SME). Historical information contained in this news release cannot be relied upon as Mr. Walters, the Company’s Qualified Person as defined under NI 43-101, has not prepared nor verified the historical information.

ON BEHALF OF INTERNATIONAL ICONIC GOLD EXPLORATION CORP. “Rob Abenante” Robert Abenante, President & CEO

  • GlobeNewswire5 months ago

    Iconic Gold Announces Retirement of Dick Walters

    Vancouver, BC, Jan. 27, 2022 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corporation (“Iconic Gold” or the “Company”) (TSXV:ICON) (OTC:MFMLF) announces that Richard “Dick” Walters has retired from his position as Executive Vice President to the Company. Mr. Walters has served the Company as an officer and director for 21 years from 2000 to June 2021, when he stepped down as a director and up until December 31, 2021, when he retired from his officer position. After an illustrious ca

  • GlobeNewswire7 months ago

    Iconic Gold Launches New Gold Exploration Program in the Castaño District

    The Company is Engaged in Competitively Acquiring Claims in the Historic Castaño Viejo Mining District of Argentina and in Fielding Work for Assessing Gold Drilling TargetsVancouver, B.C., Dec. 01, 2021 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corporation (“Iconic Gold” or the “Company”) (TSXV:ICON) (OTC:MFMLF) announces its current greenfield gold exploration focus is on the Castaño Viejo mining district located in the eastern front of the Andes Cordillera at moderate altitudes

  • GlobeNewswire7 months ago

    Iconic Gold Highlights its Current Resource Findings and Geometallurgical Program for San Roque

    The Company outlines the resources and early-stage geometallurgical program for its flagship wholly-owned Property with a NI 43-101 Technical Report that reveals 1,499,900 ounces of AuEqVANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corporation (“Iconic Gold” or the “Company”) (TSXV:ICON) (OTC:MFMLF) reaffirms the attributes and prospectivity of its flagship San Roque property (“San Roque” or the “Property”) located in Northeast Patagonia nea

  • GlobeNewswire7 months ago

    Iconic Gold Provides Further Geographical and Mineralization Information on its Flagship San Roque Gold Property

    VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corp. (“Iconic Gold” or the “Company”) (TSXV:ICON) (OTC:MFMLF) is pleased to announce that, further to its news release dated November 4, 2021, the Company has recently increased its ownership in Minas San Roque SA (“MSR”) to 100%. MSR holds legal title to the mining claims comprising Iconic Gold’s flagship San Roque property (“San Roque” or the “Property”) located in Northeast Patagonia near the

  • GlobeNewswire7 months ago

    • Iconic Gold Engaged in Extractive Metallurgical Testing at its Flagship Wholly Owned San Roque Project

      VANCOUVER, British Columbia, Nov. 16, 2021 (GLOBE NEWSWIRE) — International Iconic Gold Exploration Corporation (TSXV: ICON) (OTC: MFMLF) (FRA: MMRB) (“Iconic Gold” or the “Company”) announces that, in coherence with is new business development plans, it has embarked on a preliminary bench-scale metallurgical study program (the “Program”) of its wholly owned San Roque Gold endowed low-sulphidation epithermal polymetallic mineral deposit (“San Roque”). The property is located in Northeast Patago

Sincerely,

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