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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. This area is referred to as the Marimaca District.


TSX:MARI - Post by User

Post by BIGBEN20on Jan 23, 2023 8:54am
176 Views
Post# 35239351

Drilling Intersects Best Results to Date at the Marimaca

Drilling Intersects Best Results to Date at the Marimaca
  • Drilling focused on the northern and central zones of the MOD – following up on previous 2022 infill results which identified high-grade green oxide zones in the northern MOD (see press release dated December 5th, 2022 and November 21st, 2022)
    • The northern MOD was previously interpreted to be lower grade, dominantly WAD (black oxide) copper mineralization
    • Results expected to have positive implications for average grade in northern area of the deposit for the updated Mineral Resource Estimate (“MRE”) planned for the first half of 2023, targeting conversion of Inferred Resources into Measured and Indicated categories
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