Dolores Mine - Sierra Madre

A New Mid-Tier Gold & Silver Producer - Mexico

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Message: Various info from Proactive Investors

Various info from Proactive Investors

posted on May 03, 2009 04:46AM

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Minefinders Corporation

www.minefinders.com/

Description

Minefinders is a precious metals mining and exploration company. The Company's flagship Dolores Mine in Mexico commenced production of gold and silver in November, 2008 and is expected to produce more than 1.7 million ounces of gold and 64.4 million ounces of silver from heap-leach operations over a 15.5 year mine life. There is potential to increase production from operations by increasing high-grade recoveries with the addition of a mill and by expanding the mine into areas of additional mineralization.

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Company Statement:

Opportunities for the continued growth of the Company are driven by a pipeline of advanced and grass-roots exploration properties and the development expertise to bring a new mine into production.

The Company has a tradition of corporate commitment to its shareholders, exemplified by strong fiscal management, minimal shareholder dilution, and responsible disclosure. In its mining operations, it is dedicated to safety, social responsibility, and environmental stewardship.

Current Operations:

Exploration and Production in Mexico

The Dolores Mine

Minefinders were on track to commence commercial production at their wholly owned Dolores gold and silver mine during 2008.

The Dolores Mine is located in the Sierra Madre Occidental Range of northern Mexico. The project area is approximately 250 km west of the city of Chihuahua. The Dolores mine has a well-defined deposit and an open-pit mine life of 15.5 years. (Read More)



In addition to the Dolores Mine, Minefinders have a pipeline of advanced exploration properties in the Sonora region of Mexico and has been actively acquiring prospective ground in the Northern Sierra Madre trend for exploration.

La Bolsa

Minefinders' La Bolsa deposit has excellent logistics, access and metallurgy. It has significant potential for growth and development into a low capital cost, low cost producer for Minefinders.

The existing resource base, established in 1998, includes 208,000 ounces of gold and 2.1 million ounces of silver at a 0.3 gpt gold only cutoff. Drilling was due to recommence at La Bolsa in 2008, to provide material for additional metallurgical work. (Read More)

Planchas de Plata

Geological mapping, sampling and review of initial drilling samples has identified

* A number of mineralized trends that remain open along strike and at depth
* A series of indicators (alteration, geochemistry, geologic and geophysical tends)

Both factors point to the potential for concealed mineralization in the underlying rhyodacite rocks.

Specifically, in 2005 and 2006, drilling identified continuous high-grade silver mineralization within two shallow, sub-parallel flat-lying zones that extend to a minimum of 80 meters in width, 300 meters in length and range from 15 meters to 30 meters in thickness.

Low-grade mineralization extends in all directions from the main zone. (Read More)

Real Viejo

Minfinders' Real Viejo silver project is located in an area of substantial silver-lead-zinc mineralization in northern Sonara, located approximately 10 km from Planchas de Plata.

* Initial drilling took place in 2005. Drill intercepts included:
o 26.7 meters averaging 71.8 grams per tonne silver at a depth of 14.3 meters
o 698 grams per tonne silver over 2.15 meters.
* A drilling program is scheduled for 2008 to offset and expand on mineralization identified in 2005. If the drilling is successful, Minefinders will move forward with a resource study. (Read More)

Management

Mark H Bailey, Director, President and CEO

Robert Leclerc, Q.C., Chairman of the Board of Directors

James M. Dawson, P.Eng., Director

H. Leo King, P.Geo., Director

Tony Luteijn, B.Sc.; M. Eng., Director



For more information about Minefinders' Directors click here

For information about Minefinders' Management click here

Major Shareholders

For investor information click here

Contact Information

Minefinders Corporate Office
2288-1177 W Hastings St.
Vancouver, BC
Canada V6E 2K3
(604) 687-6263 telephone
(604) 687-6267 facsimile

Minefinders Exploration Office
Minefinders (USA) Inc.
South Meadows Commerce Center
9475 Double 'R' Blvd., Suite 9
Reno, Nevada 89521
(775) 851-2202 telephone

Corporate Information

Investor Relations
Mike Wills
Investor Relations Representative
Minefinders Corporation Ltd.
T (604) 687-6263
F (604) 687-6267
Toll Free (866) 687-6263
Email: mike@minefinders.com

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