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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
Post by grossmrkupon May 21, 2019 5:26pm
55 Views
Post# 29761078

Why no news?

Why no news?Gotta wonder whats going on with these guys. With 5 drill rigs turning they have to be sitting on a ton of drill results. It's just simple math. So why aren't they releasing them? No interest in the stock after two major promotional events. Have to wonder if something is off. It's really the only conclusion one could draw. Maybe aquired the new lands on a hope that there will be some more copper found in another round of drilling as the last batch of drilling came up blank? In the MD&A and April presentation it clearly says they have drilled elsewhere on the property - Sieraa and others. Good or bad those results have to be considered material and should have been released right away. Something doesn't feel right about the way this is all unfolding.
Bullboard Posts