Minefinders Corporation Ltd.

Published : February 14th, 2011

Minefinders Reports Additional 2010 Drill Results From the Dolores Mine an

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Minefinders Reports Additional 2010 Drill Results From the Dolores Mine and La Virginia Project

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/14/11 -- Minefinders Corporation Ltd. (TSX: MFL)(NYSE Amex: MFN) is pleased to report additional drill results from the 2010 exploration programs at the Company's Dolores Mine and La Virginia Project.

"We are very pleased with the results of the 2010 drill program at the Dolores Mine and at La Virginia," commented Mark Bailey, President and Chief Executive Officer. "Drilling at Dolores continues to confirm potential to increase the size of the open pit, particularly to the south, and also significant underground mineralization. Step-out drilling at our recent La Virginia discovery continues to intersect high-grade gold and silver and we will work toward establishing an initial resource at La Virginia."

Dolores Mine Exploration Results

The 2010 drill program at the Dolores Mine focused in part on expansion of mineralization to the south end of the Dolores open-pit mine as well as the extension of deeper high-grade mineralization indicative of underground mine potential. Highlights from drill holes completed subsequent to those reported in the October 12, 2010 news release include hole D10-562C that intercepted 42.0 metres averaging 12.44 grams per tonne ("gpt") gold with 75.3 gpt silver (13.69 gpt gold-equivalent ("AuEq")) from 178 metres to 220 metres of depth. This intercept, which is located approximately 50 metres beneath the current life of mine open pit included an internal interval of 12 metres assaying 40.2 gpt gold and 163.9 gpt silver (42.9 gpt AuEq). Extension of this high grade mineralization an additional 120 metres down-dip is indicated by drill hole 551C that intercepted 6.0 metres in the same structure averaging 8.46 gpt gold and 86.5 gpt silver (9.9 gpt AuEq) including 2.0 metres of 24.24 gpt gold with 6.7 gpt silver.

Other high-grade intercepts include holes D010-546 with 4.0 metres averaging 13.75 gpt gold and 612.1 gpt silver (23.95 gpt AuEq), D010-551 with 2.0 metres assaying 24.24 gpt gold and 6.7 gpt silver (24.35 gpt AuEq), D010-552 with 2 metres assaying 8.23 gpt gold and 30 gpt silver (8.73 gpt AuEq) and D010-563 with 4.0 metres averaging 4.9 gpt gold and 21 gpt silver (5.25 gpt AuEq). Numerous holes encountered anomalous gold with elevated silver values, such as D010-541 which intercepted 16 metres averaging 52.75 gpt silver with 0.82 gpt gold. Additional drilling in these areas is planned to test for higher gold grades below the high-grade silver zone. Mineralization remains open at depth and to the south of the present Dolores open pit mine. Additional selected drill results are highlighted in Appendix 1 to this release.

Exploration drilling results at Dolores to date will be incorporated into an updated resource which is expected to be completed during the first quarter of 2011.

La Virginia Exploration Results

During the fourth quarter of 2010, exploration drilling at the La Virginia property focused in part on expansion drilling within the central structural zone of high-grade intercepts previously reported in a news release dated September 20, 2010. Notable intercepts from this step-out drilling include 9.6 metres of 3.16 gpt gold with 195.0 gpt silver (6.41 gpt AuEq) from 175.1 to 184.7 metres of depth in hole LV10-25C including 0.7 metres of 14.06 gpt gold and 1,194.7 gpt silver (33.97 gpt AuEq) and 0.9 metres of 14.16 gpt gold and 606.0 gpt silver (24.26 gpt AuEq).

A second core rig was added to the project late in the fourth quarter of 2010 and is drilling in an area 1.2 kilometres south of the central zone. High-grade mineralization was intercepted in hole LV10-13C including 3.0 metres averaging 5.25 gpt gold and 329.7 gpt silver (10.74 gpt AuEq) within a larger 23.0 metre interval averaging 1.14 gpt gold with 78.9 gpt silver (2.45 gpt AuEq) from a depth of 278.5 metres to 301.5 metres. Drill hole 13C is a step-out from previously reported hole LV10-4C. Exploration efforts also included completion of 7 drill holes 1 to 3 kilometres north of the central target area that intercepted low-levels of gold and silver higher in the system. Deeper drilling is planned in this area to test for higher-grade mineralization similar to the gold and silver intercepts being investigated to the south.

Exploration to date within the overall La Virginia area has defined several mineralized trends that extend for a total strike length of over 20 kilometres. Seven target areas have been defined to date and the central La Virginia zone is the only one that has been drill tested. The drilling program, the first ever conducted on this zone, commenced in April 2010 and has focused on testing the potential depth extent of high-grade mineralization exposed within several structures over a strike length of 7 kilometres within the main La Virginia district. As of December 31, 2010, the Company had completed 26 core holes totalling 6,695 metres on mineralized structures of the central La Virginia Zone.

The La Virginia project is located approximately 220 kilometres east-northeast of Hermosillo, Sonora, Mexico and is 100 kilometres north-northwest of the Company's Dolores mine. The land package encompasses more than 34,000 hectares within a geologic environment similar to that of the Dolores gold and silver deposit. Additional drill results and location maps can be found on the Company's website.

Quality Control and Assurance

Gold-equivalent values are estimated using a 60 to 1 silver to gold ratio. All intervals are reported as down-hole lengths and are not corrected to true widths for the mineralized intervals.

All analyses reported are fire assay analyses for gold and multi-acid digestion with AA analyses or fire assay analyses for silver, and completed by either Chemex Labs of Vancouver, Canada, or Inspectorate Labs of Sparks, Nevada. Samples from the reported intervals were comprised of HQ core all representatively split prior to analysis and transported by the labs to sample preparatory facilities in Hermosillo, Mexico (Chemex or Inspectorate) or Durango, Mexico (Inspectorate)..

Mark Bailey MSc., P.Geo. is the "qualified person" with overall responsibility for the Dolores and La Virginia projects and is responsible for the contents of this news release.

Timing for Release of Full 2010 Financial and Operating Results

After market close on Thursday, February 24, 2011 Minefinders will release its full 2010 financial and operating results. An investor conference call will be held on Friday, February 25, 2011 at 8 a.m. Pacific Time (11 a.m. Eastern Time) to discuss the results. Participants may join the call by dialing toll-free 1-877-240-9772 or 1-416-340-8527 for calls outside Canada and the U.S. Simultaneously, an audio webcast of the conference call will also be available on the home page of the Company's website, www.minefinders.com.

An audio replay will be available until March 4, 2011 by calling toll-free 1-800-408-3053 or 1-416-695-5800 for calls outside Canada and the U.S and entering pass code 6506584.

About Minefinders

Minefinders is a precious metals mining and exploration company and operates the multi-million ounce Dolores gold and silver mine in Mexico. For more information, please visit our website at www.minefinders.com.

Forward Looking Statements

This release contains certain "forward-looking statements" and "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue" or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Certain of the statements made herein by Minefinders are forward-looking and subject to important risk factors and uncertainties, both known and unknown, many of which are beyond the Company's ability to control or predict. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Those factors are described or referred to under the heading "Risk Factors" in Minefinders' Annual Information Form for the year ended December 31, 2009 and under the heading "Risks and Uncertainties" in Minefinders' Management's Discussion and Analysis for the quarter ended September 30, 2010, both of which are incorporated by reference herein and are available on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Minefinders does not undertake to update any forward looking statements that are incorporated by reference, except in accordance with applicable securities laws.

 
Appendix 1: Dolores Selected Drill Results
 
----------------------------------------------------------------------------
                                                             Consolidated
                                                               Intervals
                                                            ----------------
                                                             Average  Length
                 From       To   Length              AuEq(1) AuEq(1)   (met-
Drill Hole   (metres) (metres) (metres) AU gpt AG gpt    gpt     gpt    res)
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-541 215      430      432        2  0.974     26   1.41    1.71       6
----------------------------------------------------------------------------
D010-541 216      432      434        2   1.36     95   2.94
----------------------------------------------------------------------------
D010-541 217      434      436        2  0.542     14   0.78
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-541 225      450      452        2  0.471   37.5   1.10   1.695      16
----------------------------------------------------------------------------
D010-541 226      452      454        2  1.136     70   2.30
----------------------------------------------------------------------------
D010-541 227      454      456        2  1.307   84.5   2.72
----------------------------------------------------------------------------
D010-541 228      456      458        2  1.194   76.5   2.47
----------------------------------------------------------------------------
D010-541 229      458      460        2  0.401     20   0.73
----------------------------------------------------------------------------
D010-541 230      460      462        2  0.321     20   0.65
----------------------------------------------------------------------------
D010-541 231      462      464        2    0.9     51   1.75
----------------------------------------------------------------------------
D010-541 232      464      466        2  0.793   62..5   1.84
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-542 176      352      354        2  0.742   20.5   1.08
----------------------------------------------------------------------------
D010-542 177      354      356        2  1.464    8.9   1.61
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-542 181      362      364        2  1.196     39   1.85
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-543 180      376      378        2  0.796   11.1   0.98     1.3       6
----------------------------------------------------------------------------
D010-543 181      378      380        2  1.524   35.6   2.12
----------------------------------------------------------------------------
D010-543 182      380      382        2  0.386     25   0.80
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 78       156      158        2  0.192  202.5   3.57
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 85       170      172        2  0.026   62.1   1.06
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 127      254      256        2  0.288   14.1   0.52
----------------------------------------------------------------------------
D010-544 128      256      258        2  0.225   29.7   0.72
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 133      266      268        2  0.455   18.8   0.77
----------------------------------------------------------------------------
D010-544 134      268      270        2  0.284     15   0.53
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 149      298      300        2  2.547   68.8   3.69
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 199      398      400        2  0.653   27.1   1.10
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-544 230      460      462        2  1.893   53.6   2.79    1.72       4
----------------------------------------------------------------------------
D010-544 231      462      464        2  0.431   13.5   0.66
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-546 95       190      192        2  1.055  407.5   7.85    2.63       8
----------------------------------------------------------------------------
D010-546 96       192      194        2  0.122   11.5   0.31
----------------------------------------------------------------------------
D010-546 97       194      196        2  0.266     52   1.13
----------------------------------------------------------------------------
D010-546 98       196      198        2   0.57   38.9   1.22
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-546 164      258      260        2  1.762   28.4   2.24     2.2       4
----------------------------------------------------------------------------
D010-546 165      260      262        2   1..86   18.5   2.17
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-546 210      420      422        2  1.578  163.2   4.30    2.64       4
----------------------------------------------------------------------------
D010-546 211      422      424        2   0.74     15   0.99
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-546 218      436      438        2 25.201 1103.7  43.60   23.95       4
----------------------------------------------------------------------------
D010-546 219      438      440        2  2.301  120.4   4.31
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-548 121      242      244        2   1.44   61.5   2.47
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-548 123      246      248        2   0.81     20   1.14    1.15       6
----------------------------------------------------------------------------
D010-548 124      248      250        2  1.066   34.5   1.64
----------------------------------------------------------------------------
D010-548 125      250      252        2  0.404   16.8   0.68
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-550 92       184      186        2  0.923     30   1.42
----------------------------------------------------------------------------
D010-550 93       186      188        2  0.427     11   0.61
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-551 122      244      246        2  0.891  243.2   4.94     9.9       6
----------------------------------------------------------------------------
D010-551 123      246      248        2  0.235    9.6   0.40
----------------------------------------------------------------------------
D010-551 124      248      250        2 24.241    6.7  24.35
----------------------------------------------------------------------------
D010-551 125      250      252        2  0.611      6   0.71
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-551 138      276      278        2  0.913     10   1.08
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 33        66       68        2   0.63     26   1.06
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 57       114      116        2  8.234     30   8.73    4.67       4
----------------------------------------------------------------------------
D010-552 58       116      118        2  0.301   18.5   0.61
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 84       168      170        2  0.176   65.5   1.27
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 95       190      192        2  0.282  140.1   2.62
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 115      230      232        2  0.316   56.5   1.26
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 120      240      242        2  0.528     36   1.13
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-552 126      252      254        2  0.938    8.5   1.08
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-553 48        96       98        2   0.11   28.5   0.59
----------------------------------------------------------------------------
D010-553 49        98      100        2  0.303   29.2   0.79
----------------------------------------------------------------------------
D010-553 50       100      102        2  0.102   30.8   0.62
----------------------------------------------------------------------------
D010-553 51       102      104        2  0.151   26.9   0.60
----------------------------------------------------------------------------
D010-553 52       104      106        2  0.871   42.3   1.58
----------------------------------------------------------------------------
D010-553 53       106      108        2  0.697   10.1   0.87
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-553 70       140      142        2  0.128   69.5   1.29
----------------------------------------------------------------------------
D010-553 71       142      144        2   0.18   14.4   0.42
----------------------------------------------------------------------------
D010-553 72       144      146        2  0.073     19   0.39
----------------------------------------------------------------------------
D010-553 73       146      148        2  0.255     15   0.51
----------------------------------------------------------------------------
D010-553 74       148      150        2  0.121   23.1   0.51
----------------------------------------------------------------------------
D010-553 75       150      152        2  0.051   19.2   0.37
----------------------------------------------------------------------------
D010-553 76       152      154        2  0..116     18   0.42
----------------------------------------------------------------------------
D010-553 77       154      156        2  0.121   29.5   0.61
----------------------------------------------------------------------------
D010-553 78       156      158        2  0.095     34   0.66
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-554 28        56       58        2  0.164   28.5   0.64
----------------------------------------------------------------------------
D010-554 29        58       60        2  0.064   27.5   0.52
----------------------------------------------------------------------------
D010-554 30        60       62        2  0.027   19.5   0.35
----------------------------------------------------------------------------
D010-554 31        62       64        2  0.265   19.5   0..59
----------------------------------------------------------------------------
D010-554 32        64       66        2   0.09   16.5   0.37
----------------------------------------------------------------------------
D010-554 33        66       68        2  0.078   13.5   0.30
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-555 01         2        4        2  0.592   36.5   1.20
----------------------------------------------------------------------------
D010-555 02         4        6        2  0.328     29   0.81
----------------------------------------------------------------------------
D010-555 03         6        8        2  0.436     14   0.67
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-555 08        16       18        2  0.121   19.5   0.45
----------------------------------------------------------------------------
D010-555 09        18       20        2  0.256     17   0.54
----------------------------------------------------------------------------
D010-555 10        20       22        2  0.305     29   0.79
----------------------------------------------------------------------------
D010-555 11        22       24        2  0.258   34.5   0.83
----------------------------------------------------------------------------
D010-555 12        24       26        2  0.277   25.5   0.70
----------------------------------------------------------------------------
D010-555 13        26       28        2  0.099     28   0.57
----------------------------------------------------------------------------
D010-555 14        28       30        2  0.291     21   0.64
----------------------------------------------------------------------------
D010-555 15        30       32        2  0.169     29   0.65
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-555 156      312      314        2  0.129   14.5   0.37
----------------------------------------------------------------------------
D010-555 157      314      316        2  0.177     14   0.41
----------------------------------------------------------------------------
D010-555 158      316      318        2  0.424     55   1.34
----------------------------------------------------------------------------
D010-555 159      318      320        2  0.097     19   0.41
----------------------------------------------------------------------------
D010-555 160      320      322        2  0.192   51.5   1.05
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-556 115      230      232        2   0.22     53   1.10
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-556 124      248      250        2  0.821     11   1.00
----------------------------------------------------------------------------
D010-556 125      250      252        2  0.198   32.5   0.74
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-556 214      428      430        2  0.335     47   1.12
----------------------------------------------------------------------------
D010-556 215      430      432        2  0.239   79.5   1.56
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-556 220      440      442        2  0.849  211.5   4.37
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-557 156      312      314        2  0.927      5   1.01
----------------------------------------------------------------------------
D010-557 157      314      316        2  0.541    9.5   0.70
----------------------------------------------------------------------------
D010-557 158      316      318        2  0.479     30   0.98
----------------------------------------------------------------------------
D010-557 159      318      320        2  0.454     23   0.84
----------------------------------------------------------------------------
D010-557 160      320      322        2  0.469     20   0.80
----------------------------------------------------------------------------
D010-557 161      322      324        2  0.253   59.1   1.24
----------------------------------------------------------------------------
D010-557 162      324      326        2   0.38   27.5   0.84
----------------------------------------------------------------------------
D010-557 163      326      328        2  0.208   10.5   0.38
----------------------------------------------------------------------------
D010-557 164      328      330        2  0.255   25.5   0.68
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-557 170      340      342        2  0.934  179.2   3.92    3.23       4
----------------------------------------------------------------------------
D010-557 171      342      344        2  0.872    100   2.54
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-557 172      346      348        2  0.117   39.5   0.78
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 158      316      318        2  0.511   47.5   1.30
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 167      334      336        2  1.068    2.5   1.11
----------------------------------------------------------------------------
D010-559 168      336      338        2  1.736    1.5   1.76
----------------------------------------------------------------------------
D010-559 169      338      340        2  0.493    3.5   0.55
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 192      384      386        2  0.441   26.5   0.88    4.72       6
----------------------------------------------------------------------------
D010-559 193      386      388        2  0.608  103.7   2.34
----------------------------------------------------------------------------
D010-559 194      388      390        2  2.736  491.7  10.93
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 197      394      396        2  0.329  106.2   2.10
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 205      410      412        2  0.373   57.5   1.33    2.32       4
----------------------------------------------------------------------------
D010-559 206      412      414        2  0.723    153   3.27
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 224      448      450        2  1.133     82   2.50    1.87       4
----------------------------------------------------------------------------
D010-559 225      450      452        2   0.43   48.5   1.24
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-559 230      460      462        2  0..206     37   0.82
----------------------------------------------------------------------------
D010-559 231      462      464        2  0.108   29.5   0.60
----------------------------------------------------------------------------
D010-559 232      464      466        2  0.107     32   0.64
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-560 152      304      306        2  0.382   23.5   0.77
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-560 156      312      314        2  1.113      5   1.20
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-560 160      320      322        2  0.943    4.5   1.02
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-560 162      324      326        2  5.625      9   5.78
----------------------------------------------------------------------------
D010-560 163      326      328        2   0.63    6.5   0.74
----------------------------------------------------------------------------
D010-560 164      328      330        2  0.161   29.5   0.65
----------------------------------------------------------------------------
D010-560 165      330      332        2   0.14     31   0.66
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-561 99       198      200        2  0.344     17   0.63
----------------------------------------------------------------------------
D010-561 100      200      202        2  0.246   20.5   0.59
----------------------------------------------------------------------------
D010-561 101      202      204        2  0.529   15.5   0.79
----------------------------------------------------------------------------
D010-561 102      204      206        2  0.484   14.5   0.73
----------------------------------------------------------------------------
D010-561 103      206      208        2  0.352   10.5   0.53
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-561 104      208      210        2  1.399   12.5   1.61    1.44       6
----------------------------------------------------------------------------
D010-561 105      210      212        2  1.171     16   1.44
----------------------------------------------------------------------------
D010-561 106      212      214        2  1.068   12.5   1.28
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-561 107      214      216        2  0.267     20   0.60
----------------------------------------------------------------------------
D010-561 108      216      218        2  0.446     37   1.06
----------------------------------------------------------------------------
D010-561 109      218      220        2   0..52   22.5   0.90
----------------------------------------------------------------------------
D010-561 110      220      222        2  0.599     11   0.78
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-561 129      258      260        2  0..507   22.5   0.88    1.72       4
----------------------------------------------------------------------------
D010-561 130      260      262        2  1.386     70   2.55
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 63       128      130        2  0.068   32.5   0.61
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 66       134      136        2  0.103   34.5   0.68
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 72       146      148        2  0.099   61.5   1.12
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 76       154      156        2  0.972    4.5   1.05
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 81       164      166        2  0.799     13   1.02
----------------------------------------------------------------------------
D010-562 82       166      168        2  0.771   13.5   1.00
----------------------------------------------------------------------------
D010-562 83       168      170        2  0.973     26   1.41
----------------------------------------------------------------------------
D010-562 84       170      172        2  0.065   25.5   0.49
----------------------------------------------------------------------------
D010-562 85       172      174        2  0.158   27.5   0.62
----------------------------------------------------------------------------
D010-562 86       174      176        2  0.176   35.5   0.77
----------------------------------------------------------------------------
D010-562 87       176      178        2  0.374   37.5   1.00
----------------------------------------------------------------------------
D010-562 88       178      180        2  1.297     48   2.10   13.69      42
----------------------------------------------------------------------------
D010-562 89       180      182        2  2.073   40.5   2.75
----------------------------------------------------------------------------
D010-562 90       182      184        2  2.895   30.5   3.40
----------------------------------------------------------------------------
D010-562 91       184      186        2  3.914   49.5   4.74
----------------------------------------------------------------------------
D010-562 92       186      188        2  0.542     36   1.14
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 93       188      190        2  5.897   65.5   6.99   42.92      12
----------------------------------------------------------------------------
D010-562 94       190      192        2  2.892     63   3.94
----------------------------------------------------------------------------
D010-562 95       192      194        2 23.863  137.3  26.15
----------------------------------------------------------------------------
D010-562 96       194      196        2  1.862     39   2.51
----------------------------------------------------------------------------
D010-562 97       196      198        2 174.45  491.3 182.64
----------------------------------------------------------------------------
D010-562 98       198      200        2 32.161    187  35.28
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 99       200      202        2  0.598  157.3   3.22
----------------------------------------------------------------------------
D010-562 100      202      204        2  0.463     43   1.18
----------------------------------------------------------------------------
D010-562 101      204      206        2  0.958   69.5   2.12
----------------------------------------------------------------------------
D010-562 102      206      208        2  0.379   30.5   0.89
----------------------------------------------------------------------------
D010-562 103      208      210        2  0.499   12.5   0.71
----------------------------------------------------------------------------
D010-562 104      210      212        2  1.527   15.5   1.79
----------------------------------------------------------------------------
D010-562 105      212      214        2  1.935     11   2.12
----------------------------------------------------------------------------
D010-562 106      214      216        2   0.38   16.5   0.66
----------------------------------------------------------------------------
D010-562 107      216      218        2  1.979     10   2.15
----------------------------------------------------------------------------
D010-562 108      218      220        2  0.607     28   1.07
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-562 216      432      434        2  1.515  136.9   3.80
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-563 69       138      140        2  0.803   20.5   1.14
----------------------------------------------------------------------------
D010-563 70       140      142        2  0.537     14   0..77
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-563 71       142      144        2  3.663   22.5   4.04    3.01      14
----------------------------------------------------------------------------
D010-563 72       144      146        2  1.106   22.5   1.48
----------------------------------------------------------------------------
D010-563 73       146      148        2  9.921     18  10.22
----------------------------------------------------------------------------
D010-563 74       148      150        2  1.015     37   1.63
----------------------------------------------------------------------------
D010-563 75       150      152        2  1.108     38   1.74
----------------------------------------------------------------------------
D010-563 76       152      154        2  0.673     14   0.91
----------------------------------------------------------------------------
D010-563 77       154      156        2  0.599     28   1.07
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-563 78       156      158        2  0.261     19   0.58
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-563 91       182      184        2  0.375   32.5   0.92
----------------------------------------------------------------------------
D010-563 92       184      186        2  0.191   21.5   0.55
----------------------------------------------------------------------------
D010-563 93       186      188        2  0.529   18.5   0.84
----------------------------------------------------------------------------
D010-563 94       188      190        2  0.216     16   0.48
----------------------------------------------------------------------------
D010-563 95       190      192        2  0.391     13   0.61
----------------------------------------------------------------------------
D010-563 96       192      194        2  0.089   15.5   0.35
----------------------------------------------------------------------------
D010-563 97       194      196        2  0.573   23.5   0.96
----------------------------------------------------------------------------
D010-563 98       196      198        2  0.528     30   1.03
----------------------------------------------------------------------------
D010-563 99       198      200        2  0.087   13.5   0.31
----------------------------------------------------------------------------
D010-563 100      200      202        2  0.162     72   1.36
----------------------------------------------------------------------------
D010-563 101      202      204        2  0.028     66   1.13
----------------------------------------------------------------------------
D010-563 102      204      206        2  0.185     49   1.00
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 68       136      138        2  1.088  124.8   3.17
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 112      224      226        2  0.803  139.7   3.13
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 203      406      408        2   0.71   55.5   1.64   2.162       4
----------------------------------------------------------------------------
D010-565 204      408      410        2  0.968  103.2   2.69
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 205      410      412        2  0.393   13.5   0.62
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 208      416      418        2  0.713   45.5   1.47
----------------------------------------------------------------------------
D010-565 209      418      420        2  0.388   14.5   0.63
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 216      432      434        2  1.014    9.5   1.17    1.58      12
----------------------------------------------------------------------------
D010-565 217      434      436        2    1.5      9   1.65
----------------------------------------------------------------------------
D010-565 218      436      438        2  0.635   11.5   0.83
----------------------------------------------------------------------------
D010-565 219      438      440        2  0.869    4.5   0.94
----------------------------------------------------------------------------
D010-565 220      440      442        2  1.226   10.5   1.40
----------------------------------------------------------------------------
D010-565 221      442      444        2  2.641     52   3.51
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 223      446      448        2  1.248     17   1.53
----------------------------------------------------------------------------
D010-565 224      448      450        2  0.746    8.5   0.89
----------------------------------------------------------------------------
D010-565 225      450      452        2  0.524    6.5   0.63
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 238      476      478        2  1.744    3.5   1.80
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
D010-565 243      486      488        2  1.305      7   1.42
----------------------------------------------------------------------------
 
----------------------------------------------------------------------------
(1)  Gold-Equivalent ounces were estimated using a 60 to 1 silver to gold
     ratio.
 
Contacts:
Minefinders Corporation Ltd.
Jonathan Hackshaw
Director of Corporate Communications
Toll Free: (866) 687-6263 or (604) 687-6263
 
Minefinders Corporation Ltd.
Mike Wills
Investor Relations Representative
Toll Free: (866) 687-6263 or (604) 687-6263
(604) 687-6267 (FAX)
www.minefinders.com
 

Source: Minefinders Corporation Ltd.

.

Minefinders Corporation Ltd.

CODE : MFL.TO
ISIN : CA6029001022
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Minefinders is a gold and silver development stage company based in Canada.

Minefinders is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 billions as of today (US$ 1.1 billions, € 851.4 millions).

Its stock quote reached its lowest recent point on December 31, 1999 at CA$ 0.50, and its highest recent level on April 04, 2012 at CA$ 13.45.

Minefinders has 82 976 000 shares outstanding.

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In the News and Medias of Minefinders Corporation Ltd.
5/9/2006Follow up N° 3
Annual reports of Minefinders Corporation Ltd.
2007 Annual Report
Financings of Minefinders Corporation Ltd.
12/20/2011Retires 2011 Convertible Notes
12/11/2008Closes C$40 Million Bought Deal
12/2/2008Announces $40,020,000 Bought Deal
Financials of Minefinders Corporation Ltd.
2/24/2012Minefinders Delivers Solid 2011 Financial and Operating Resu...
10/12/2011Minefinders Announces Third Quarter 2011 Production and Sale...
8/3/2011Announces Second Quarter 2011 Financial and Operating Result...
5/4/2011Announces First Quarter 2011 Financial and Operating Results
4/6/2011Minefinders Announces First Quarter 2011 Production and Sale...
2/25/2011(Dolores Mine)Minefinders Announces 2010 Financial and Operating Results a...
1/13/2009(Dolores Mine)Provides Fourth Quarter 2008 Dolores Production Update
11/17/2008(Dolores Mine)Pours First Gold and Silver at the Dolores Mine and Provides...
8/20/2008(Dolores Mine)Provides Dolores Update And Second Quarter 2008 Results
Project news of Minefinders Corporation Ltd.
3/30/2012Pan American Silver completes acquisition of Minefinders
6/28/2011(La Virginia Gold/silver)Reports 6.46 GPT of Gold-Equivalent Over 67 Metres at La Vir...
5/5/2011(Dolores Mine)Minefinders Provides Reserve and Resource Update for Its Dol...
2/14/2011(La Virginia Gold/silver)Minefinders Reports Additional 2010 Drill Results From the D...
2/14/2011(Dolores Mine)Minefinders Reports Additional 2010 Drill Results From the D...
7/28/2008(Dolores Mine)Reports Delay to First Gold and Silver Pour At Dolores
2/27/2008(Dolores Mine)High-Grade Satellite Deposit Delineated at the Dolores Mine
2/14/2008(Dolores Mine) Updates Dolores Mine Economics and Reserves
Corporate news of Minefinders Corporation Ltd.
3/27/2012Pan American Silver and Minefinders Announce Securityholder ...
3/14/2012Corporate Governance Firms Recommend That Shareholders of Pa...
2/29/2012Minefinders Announces Notice to Holders of 4.50% Convertible...
2/13/2012Minefinders to Release Full Year 2011 Results on February 23
1/23/2012Pan American to Acquire Minefinders and Create the Leading G...
1/9/2012Minefinders Announces Fourth Quarter and Full Year 2011 Prod...
1/5/2012Presenting at the Dahlman Rose & Co. Emerging Miners CEO Con...
12/20/2011Minefinders Retires 2011 Convertible Notes
11/29/2011Presenting at the Scotia Capital Mining Conference
10/25/2011to Release Third Quarter 2011 Results on November 7; Investo...
7/25/2011to Release Second Quarter 2011 Results on August 3; Investor...
7/11/2011Announces Second Quarter 2011 Production and Sales Results
12/2/2008Files Final Base Shelf Prospectus
5/23/2008Subsidiary Commences Binding Arbitration Seeking Us$10 Milli...
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TORONTO (MFL.TO)AMEX (MFN)
13.45-0.15%13.90+0.00%
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