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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 Checkthefaxon Mar 01, 2017 11:09am
96 Views
Post# 25912157

RE:RE:News!

RE:RE:News!Financing was completed Dec. 23 and if I read the NR correctly they raised over 10 mil. This includes the Greenstone Resources pp of 5 mill and gives greenstone over 50% ownership. The processing plant, which is classified as having a winning technology for extraction is included in the sale. So by the info it seems the pp was already in the sp on Feb. 9 NR when it reached @ .20. Additionally on Feb 6, A director bought 100,0000 shares at .17. This seems to be a winner in the making. 
Bullboard Posts