Marifil Mines Appoints Interim Chief Financial Officer

SPOKANE, WASHINGTON, Oct 26, 2010 (Marketwire via COMTEX News Network) --

MARIFIL MINES LTD. (TSX VENTURE:MFM) ("Marifil" or "the Company") is pleased to announce the appointment of Matthew Fowler as Interim Chief Financial Officer.

Mr. Fowler has six years of investment, corporate finance and Securities and Exchange Commission accounting experience. He has raised institutional capital for private equity investments, invested in numerous private equity transactions and drafted and finalized SEC and Toronto Stock Exchange (TSX) documents for publicly listed companies. He also serves as Senior Consultant with Sharp Executive Associates, Inc., an international financial consultancy assisting private, SEC and TSX listed public companies with their accounting and regulatory compliance needs.

Mr. Fowler served as a partner, CFO and CCP at Strata Partners, LLC, a boutique investment bank based in Seattle, Washington where he was responsible for capital raising as well as all financial, operational and compliance requirements with the Financial Industry Regulatory Authority. Before joining Strata Partners, LLC, Mr. Fowler previously held the position of Analyst and Chief Financial Officer at Octavius Capital Management, LLC, a registered investment adviser based in Seattle, Washington serving high net worth individuals. Mr. Fowler received an AB degree in economics and a Certificate in Accounting from the University of Washington.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR or at Marifil's Website at www.marifilmines.com.

SOURCE: Marifil Mines Ltd.

Marifil Mines Ltd. John Hite President (509) 467-5200 www.marifilmines.com Marifil Mines Ltd. Hugh Oswald Investor Relations (604) 684-4743 ext. 243 hugh@ascentacapital.com

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