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

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Post by Woodman601on Dec 23, 2022 1:04pm

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Post# 35189845

More copper needed ?

Market Commentary

On Wednesday, the Government of Canada released proposed regulation that bans the sale of ICE vehicles beginning in 2035

Regulations will require at least 20% of new vehicles sold to have zero emission by 2026, at least 60% by 2030, and 100% by 2035. As of H1/22, 7.2% of light-duty vehicles sold were ZEVs (zero-emission vehicles).
The Canadian government also announced it invested in 50,000 more EV charging stations across Canada, targeting 85,000 by 2027.
Federal funding includes C$900M through 2030. In addition, the government has renewed a budgeted C$1.7B program (until Mar/25) that provides Canadians up to C$5,000, and businesses up to C$10,000, toward the cost of buying or leasing an EV. To-date, over 180,000 individuals and businesses have used the program. Read