Marimaca Copper Corp. is pleased to report that all of its incumbent directors were re-elected at its annual general meeting of shareholders, held virtually via webcast on Thursday, 27 May 2021. Below are the detailed results of the votes cast by ballot at the Meeting on the election of the Company's directors. Hayden Locke 52,138,274 25,116 99.95 % Alan J. Stephens 52,138,274 25,116 99.95 % Colin Kinley 51,838,588 [...]
Marimaca Copper Corp. is pleased to announce the results from underground mapping and sampling at the Cindy Target , which indicate broad zones of higher-grade mineralization. Highlights Cindy is located approximately 5km north of the Company's flagship Marimaca Oxide Deposit Underground channel sampling defines broad zones of higher-grade mineralization including: 38m @ 0.90% CuT, 112m @ 0.41% CuT, 36m @ 0.60% CuT, 48m [...]
Marimaca Copper Corp. is pleased to announce the results from the remaining drill holes completed to test the extensions of mineralization below the Marimaca Oxide Deposit, which have yielded promising results that may have positive implications for the future leachable Mineral Resource Estimate for the MOD. These initial drill holes were aimed to test the extensions of mineralization below the MOD. Drilling of a [...]
Marimaca Copper Corp. is pleased to announce several changes to the structure of its board and senior management team as it positions itself for the transition from explorer to developer and, eventually, copper producer. Highlights Mr. Mike Haworth transitions from Executive to Non-Executive Chair Current President, Mr. Hayden Locke, to assume the role of Chief Executive Officer and join the Board of Directors Ms. Petra [...]
Marimaca Copper Corp. is pleased to announce the definition of a new, large scale, copper geochemical anomaly at the Roble Target , which it plans to drill test over the coming months. In addition, the first phase of drilling has been completed at the Marimaca Sulphide Target, with all remaining assays expected towards the end of April 2021. Highlights Roble Target extends over 3km of strike Strong geochemical anomaly [...]
Marimaca Copper Corp. is pleased to announce the assay results of the first drill hole of a five-hole program targeting extensions of sulphide mineralization below the Company's flagship Marimaca Oxide Deposit . Drilling encountered a broad zone of chalcopyrite and minor chalcocite, indicating potential for economic sulphide mineralization. Highlights Drill hole MAR-125 intersected 116m at an average grade of 0.51% CuT [...]
Marimaca Copper Corp. is pleased to announce the results of induced polarization surveys completed at the Mercedes and Cindy Targets located 3km and 5km to the north of the Company's flagship Marimaca Copper Project. The surveys have identified extensive high chargeability anomalies, and significant resistivity lows which could represent potential oxide mineralization at each target. Highlights Extensive high [...]
Marimaca Copper Corp. announced today it has completed a non-brokered private placement pursuant to which it has issued 9,377,273 units at a price of $3.30 per Unit for aggregate gross proceeds of $30,945,000. Each Unit is comprised of one common share of the Company and one-half of one Common Share purchase warrant of the Company . Each Warrant entitles the holder thereof to purchase one additional Common Share at an [...]
Marimaca Copper Corp. announced today it has commenced a non-brokered private placement pursuant to which it will issue up to 9,377,273 units at a price of C$3.30 per Unit for aggregate gross proceeds of C$30,945,000. Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase warrant of the Company . Each Warrant will entitle the holder thereof to purchase one additional [...]
Marimaca Copper Corp. is pleased to announce the results of a recently completed rock geochemistry and reconnaissance mapping program at the Cindy Target, which is located 5km to the north of the Company's flagship Marimaca Copper Project . Highlights Geochemical sampling has identified a very large copper anomaly with grades as high as 2.9% Cu ? Greater than 200ppm Cu anomaly extending over 1km of strike, several ore [...]
Marimaca Copper Corp. is pleased to announce that Mr. Clive Newall will be appointed as a non-executive Director of the Board with effect from the 2nd of February 2021. Clive has spent the last twenty-five years, and majority of his career, in the leadership team of one of the world's largest global copper companies, TSX-listed First Quantum. He is a co-founder and has been President and Director of First Quantum since [...]
Marimaca Copper Corp. is pleased to announce the results of an induced polarization survey completed at the Marimaca Copper Project , which has identified an extensive chargeability anomaly below the Company's flagship Marimaca Oxide Deposit . The Company completed a Preliminary Economic Assessment for the MOD in 2020, which highlighted its unique characteristics and shows the Project has the potential to be among the [...]
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