VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce that Mr. Clive Newall will be appointed as a non-executive Director of the Board with effect from the 2nd of February 2021.
Clive has spent the last twenty-five years, and majority of his career, in the leadership team of one of the world’s largest global copper companies, TSX-listed First Quantum. He is a co-founder and has been President and Director of First Quantum since its formation in 1996. Clive graduated from the Royal School of Mines, Imperial College, England in 1971 with an honours degree in Mining Geology, and was awarded an MBA from the Scottish Business School at Strathclyde University. He has worked in mining and exploration throughout his career, having held senior management positions with Amax Exploration Inc. and the Robertson Group plc.
Michael Haworth, Executive Chairman of Marimaca Copper, commented:
“Clive is an industry veteran with an extraordinary track record of value creation for his stakeholders and we’re extremely pleased that he has agreed to join the board of Marimaca at an exciting and pivotal time in our development.
“Through his leadership position at First Quantum, Clive has extensive experience in the development of copper assets, but also supporting exploration strategies to expand resources. Given our strategy is to move the Marimaca Oxide Deposit through feasibility, permitting and towards production, while concurrently testing our exciting exploration potential, the addition of his skill and experience could not come at a better time for the company.”
Clive Newall, commented:
“Having followed Marimaca Copper’s progress over the years I am delighted to be joining the board. First Quantum was founded on a small but high-quality asset, which created the foundation for our team to build a globally significant copper producer. The Marimaca Oxide Deposit also appears to be a unique and high-quality asset in a fantastic jurisdiction, and I am excited by its potential to become the cornerstone for Marimaca Copper to build its own copper story.”