Bullboard - Stock Discussion Forum 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... see more

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Marimaca Copper Corp > Drilling Intersects Best Results to Date at the Marimaca

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Post by BIGBEN20 on Jan 23, 2023 8:54am

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