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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. The Company also has an option agreement to acquire the Pampa Medina project (Pampa Medina), which consists of four mining concessions totaling 144 hectares.


TSX:MARI - Post by User

Bullboard Posts
Comment by grossmrkupon Oct 02, 2016 11:33am
57 Views
Post# 25299728

RE:RE:RE:RE:RE:RE:RE:On a positive note

RE:RE:RE:RE:RE:RE:RE:On a positive note Compare to San Jorge and you start to get an idea of just how substantial Marimace will be for Coro.

San Jorge

"With mineral reserves of 48.4 million tonnes and an average grade of 0.61%CuT of which 55% is oxide and 45% is enriched,(1) the PFS proposed production would be 24k tpy of copper cathodes over a 10 year mine life.

Significant upside potential exists from the acceleration of leach production and subsequent treatment of primary sulphide resources through conventional flotation. Measured and Indicated in-pit primary sulphide resources include 136.2mt @ 0.43%CuT "

Lets see what the drill says over the next few weeks but I think Marimaca is going to be much larger than San Jorge

G
Bullboard Posts