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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 grossmrkupon May 18, 2024 10:42am
154 Views
Post# 36047197

Capstone snooze and lose!

Capstone snooze and lose!I think Capstone has missed the boat on acquiring Marimaca.   They should have made a solid offer before we discovered just how good Sierra de Medina could be.  Now we poke 10 holes into Sierra Medina and we hit what we're expecting and Antofagasta is going to be all over us.  Now we will have two producers both with their cheque books out on top of Mitsubishi wanting to buyout the remaining 90%.  Plus who knows how many others will come out of the woodwork once the bidding starts.  The cupboard is bare and there is literally nothing else like Marimaca for someone to buy. 
We couldn't possibly be in a better situation.   

G
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