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.

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Marimaca Copper Corp > $4/lb copper or drill results

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Comment by Skateron Feb 16, 2021 1:14pm

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Post# 32574637

RE:$4/lb copper or drill results

Good volume today, and lots of volatility too. Sitting higher right now, for now, but that can change in a second...
Watched a mining presentation over the weekend, projected avg copper in 2021 was only $3.40 so may want to temper expecations there. Rational is the higher the price, the more incentive to produce, more so for higher cost producers. One train of thought anyways.
Good results on drilling should send this past $4.

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Corus reports Q1 profit drop in the face of falling revenue