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 > Target price on Marimaca

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Comment by grossmrkupon Apr 30, 2021 8:37am

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Post# 33099857

RE:Target price on Marimaca

Well using $4.00 copper I get a value of about 1b CAD just for the Marimaca oxide deposit. Then I use 103m shares fully diluted. This gets me about $10 / share. Now it's just a question of how much more copper they find. They don't need to add much to move that to $12 to $15 as the added copper they find will not really impact the capex. If they hit big at Roble you can very easily see how $25 to $30 is attainable.

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