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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

Comment by micromikeon Dec 12, 2020 10:32pm
123 Views
Post# 32094656

RE:RE:RE:RE:RE:Base Shelf Prospectus $100M

RE:RE:RE:RE:RE:Base Shelf Prospectus $100MThey just closed a 29Mil financing. I do believe they have enough cash for future drilling. So it’s not for drilling.

My only guess is that they want to buy something. Land makes sense to me. I could be wrong and they don't intend to do anything.  I’ll have to sit back and wait and see what they are up to.

MM

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