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Marimaca Copper Corp T.MARI

Alternate Symbol(s):  MARIF

Marimaca Copper Corp. is a Canada-based exploration and development company focused on base metal projects in Chile. The Company’s principal asset is the Marimaca Copper Project, located in the Antofagasta Region of northern Chile. The Marimaca Copper Project is situated at a low altitude in Chile’s Coastal Copper Belt, 25 kilometers (km) east of the port of Mejillones and 45 km north of Antofagasta, Marimaca has access to water and power, road and rail networks supplying sulphuric acid and other consumables, as well as deepwater ports. The Marimaca Copper Project comprises a set of concessions (the 1-23 Claims), properties 100% owned and optioned by the Company, combined with the adjacent La Atomica and Atahualpa claims, over which Marimaca Copper has the right to explore and exploit resources. This area is referred to as the Marimaca District.


TSX:MARI - Post by User

Bullboard Posts
Post by daCriticon Oct 26, 2010 2:24pm
522 Views
Post# 17613971

Coro public hearing news anyone?

Coro public hearing news anyone?I'm not sure what to make of the trading today. I haven't heard anything other than a crappy translation of something that looks like a lead-up to the hearing.
daCritic

Spanish to English translation

12:25| San Juan, Oct. 26 .- "The project will directly impact San Jorge SanJuan, mainly in the area and Calingasta Barreal, today told Radio JulioRíos Gómez Colón, head of GEMERA (Group of Companies MiningScouts of Argentina), en route to the crowded public hearing to bedeveloped on the copper and gold project (minor) San Jorge, of CoroMining.

For days, the local press stirs ghosts of violence, in light of warnings from anti-mining sectors. "The press has failed to have the wisdom enough, has failed to handle. Wealready have known this issue, 40 or 50 types, environmentalists,political movements that use the environmental issue to speak outagainst mining, "said the businessman.

The church of Mendoza, in the voice of Bishop Arancibia, also paid the notion that these acts disrupt social peace. Ina statement on the subject of the hearing, the institution wasconcerned because "we note with concern the continuing deterioration ofcivic life in Uspallata and disruption of social peace. There are well-founded fear of possible violence surrounding the public hearing, that the authority will know how to prevent. "

"Itreally hurts that Bishop had to come out and say this, from what wassaid by the priest of Uspallata, already has spoken out against themining industry and has worked with anti-mining groups that have alreadydone this in many parts, "he lamented.

In his statement on the issue, the church raised questions Mendoza. "Thecare of the cultural heritage of the area found between the Inca Trail,highlights of the campaign to liberate San Martin and otherarchaeological sites of interest," claimed in the letter.

Anotherpoint of reflecting on pastoral statement that "the area already hasits own economic activity is affected by the project. Mining involves the development of jobs. Arises, however, the question for the real scope and genuineness of the job offer. "

"The church wants to assimilate the development of tourism Uspallata. I want to remember that tourism here is not permanent, but in transit to Chile or to a ski slope. Talking Uspallata development through tourism does not make sense, "he said. He concluded: "We called attention to this game that takes the church, not to be well informed."
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