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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

Post by Richiechileon Sep 01, 2021 5:20am
229 Views
Post# 33793043

Momentum

MomentumLast presentation on Marimaca website was May 2021 which referenced "Outstanding Exploration Potential".  Since then there have been various announcements:
5 May - Significant extensions to Marimaca Oxide Deposit
19 May - Encourging Results from channel sampling at Cindy
15 June - Significant near surface expansions at Cindy
1 July - Roble continues to show significant potential
14 July - Marimaca extends strike potential at Cindy
Lots of superlatives used but not much in the way of drill results.    A comprehensive exploration update and what this implies for the Marimaca project would be timely...
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