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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

Comment by allaboutvalueon Feb 15, 2023 11:23am
214 Views
Post# 35287438

RE:Gold and Silver

RE:Gold and SilverFor sulphides any gold and silver is a byproduct it increases the effective grade of the copper (CuEq%) or reducing the costs, depending on how you look at it. It is low grade so far and only one hole in, but to me this is a plus for economic potential of the sulphides which the market is not giving any value for yet. Wait to see the market's reaction and excitement if they happen to uncover a higher grade area in the coming exploration campaign.
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