Marifil Issues Correction of Previously Published News Release

October 12, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct 12, 2012) - Marifil Mines Ltd. (TSX VENTURE:MFM) ("Marifil" or "the Company") reported results in the Company''s October 12, 2012 release that stated Las Aguilas had a 43-101 (Wardrop Engineering) indicated plus inferred resource of 1,222,670 ounces of platinum plus palladium. This was an error and should have read 1,222,670 grams per ton rather than ounces.

On Behalf of the Board of Directors,

John Hite, President

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

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.

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