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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 allaboutvalueon Jun 06, 2021 7:48pm
185 Views
Post# 33338165

water use and desalination

water use and desalinationI'm heeding the advice not to engage with the anti-greenstone crusader. But as a follow up to the response comment which I agree with, it is important to note that seawater is being used in the heap leach process.

Section 1.13 of the PEA technical report covers expected water use for the project. It indicates that leaching will be performed using seawater-based process solutions and that a reverse osmosis plant will supply chloride-free (desalinated) water for SX/EW processing requirements. There are existing water desalination plants in close proximity to the project. There is no capex to build a new desalination plant from scratch. Plus for the concerns about what to do with the excess salt that comes from desalination, the PEA (table 21-10) indicates the company will be spending half a million dollars annually to purchase salt needed for the operation.

In a world where water access and environmental concerns are critically and increasingly important, this seems like an area of strength for Marimaca. 

I don't think anyone who concludes water access issues could possibly kill this project has spent enough time reviewing technical reports which are available to everyone for free on sedar.

Patiently waiting to see some drilling results like everyone else, maybe this coming week?
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