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 [...]
Marimaca Copper Corp. is pleased to announce the mobilization of drilling contractors, the construction of the first drill pads and the commencement of construction of the infrastructure and support facilities for the 2021 exploration program across the Marimaca Copper District. Highlights Drilling support facilities are under construction to support the upcoming drilling programs encompassing the Marimaca Sulphide [...]
Marimaca Copper Corp. announced today it has filed a preliminary short form base shelf prospectus with the securities regulators in each province of Canada, except for the Province of Quebec. When made final, the prospectus will allow the Company to offer up to $100 million of common shares, warrants, units, subscription receipts or any combination thereof during the 25 month period that the shelf prospectus is effective [...]
Marimaca Copper Corp. is pleased to announce the results of a recently completed surface geochemical sampling and reconnaissance mapping program at the Mercedes Target, which is located 3km to the north of the Company’s flagship Marimaca Oxide Deposit . Highlights Geochemical sampling has identified a large copper anomaly with grades as high as 0.6% in surface sampling Central geochemical high is approximately 300 [...]
Marimaca Copper Corp. is pleased to announce that it has closed its previously announced overnight marketed prospectus offering . Pursuant to the Offering, the Company issued 9,200,000 units of the Company , including 1,200,000 Units issued in connection with the full exercise of the over-allotment option granted to the Underwriters , at a price of C$3.15 per Unit for aggregate gross proceeds of C$28,980,000. The Offering [...]
Marimaca Copper Corp. is pleased to announce that, following the positive vote by the Antofagasta Environmental Evaluation Commission , it has received its Environmental Qualification Resolution , which allows it to undertake new exploration campaigns at the Marimaca Copper Project and in the broader Marimaca District. Highlights Final RCA received from the Environmental Assessment Service completes the thorough [...]
Marimaca Copper Corp. is pleased to report that all of its incumbent directors were re-elected at its annual general and special meeting of shareholders held virtually via webcast, on Wednesday, November 18, 2020. Below are the detailed results of the votes cast by ballot at the Meeting on the election of the Company’s directors. FOR WITHHELD Luis A. Tondo 98.38% 0.62% Alan J. Stephens 99.98% 0.02% Colin Kinley 99.99 [...]