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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

Post by Seahawks16on May 05, 2021 11:04am
175 Views
Post# 33131857

This is good news!!

This is good news!!My point of view is this

Regardless of expectations they hit more copper which tells me their mag survey, IP and other methods outside of drilling are accurate. Because of this I would say these other clusters do have copper and if the conditions are similar or slightly better we have pretty  extensive fairly deep oxides. 
 
Its not 400mt of sulphide below MOD but it expanded the resource and to me confirmed their methodology and reasoning for further drilling, they were right. 
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