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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 Richiechileon Jun 26, 2024 3:49am
246 Views
Post# 36106409

Capstone Copper

Capstone CopperLast night Capstone copper announced first saleable concentrate from Mantoverde Development project.  Great news for Capstone shareholders.  The next 3 months will be focused on ramping up and getting to nameplate production but this is a major achievement.  Looking at the Capstone presentation there is one brownfield expansion at Mantoverde and Mantos Blancos refers to various exploration targets to fill up the 60,000tpa SX-EW plant.  Marimaca is on the Mantos Blancos exploration slide.   With Marimaca hopefully hitting various milestones (permitting, DFS) later this year and such compelling industrial logic for a combination of assets lets see what happens.  Marimaca just has to keep delivering what they have promised (permitting, DFS, exploration).  
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