Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

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

Marimaca Copper Corp > Copper at 3.65

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Comment by fundinvestoron Jan 15, 2021 9:42am

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Post# 32304989

RE:Copper at 3.65

Good question - my model (which I think is pretty up to spec) comes to just under US$800m for the NPV8. So not far of C$1bn. Due to the heavy cashflows from the early years of production, this asset has heavy leverage to a strong copper market.
No other asset in the peer group comes close. That is one thing I don't think anyone can argue about. It will be a simple mine, with big operation margins, and in a great location.

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