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Marimaca Copper Corp. (“Marimaca Copper” or the “Company”)  (TSX: MARI) is pleased to announce the definition of a new, large scale, copper geochemical anomaly at the Roble Target (“Roble”), 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 Strong geochemical anomaly identified extending 1,500m by nearly 500m 50m x 50m grid soil sampling completed Reconnaissance and outcrop mapping identified widespread copper...

Marimaca Copper Corp. (“Marimaca Copper” or the “Company”)  (TSX: MARI) 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 (“MOD”). Drilling encountered a broad zone of chalcopyrite and minor chalcocite, indicating potential for economic sulphide mineralization. Highlights Drill hole MAR-125 intersected 116m (expected approximate true width) at an average grade of 0.51% CuT from 162m, including two higher grade zones of: 20m with an average gr...

VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) announced today it has completed a non-brokered private placement pursuant to which it has issued 9,377,273 units (“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 (a “Common Share”) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one additional...

Last week’s top-gaining stocks on the TSX were NioCorp, I3 Energy, Marimaca Copper, Baytex Energy and Obsidian Energy. The S&P/TSX Composite Index (INDEXTSI:OSPTX) was trending down early on Friday (February 26) at 18,148.71. It ultimately closed the week at 18,040.02.  On Thursday (February 25), the index posted its worst day in nearly a month as weaker oil prices put pressure on energy stocks. By the end of the week, gold and silver prices were down on the back of a stronger US dollar, while copper was continuing its upward trend.   Our Don't Wait Until It's Too Late NioCorp Developmen...

Marimaca Copper Announces IP Survey Results of Marimaca Copper Project Written by AZoMiningFeb 3 2021 Marimaca Copper Corp., a TSX-listed copper company, has announced the results of an induced polarization (IP) survey concluded at the Marimaca Copper Project. The IP survey has detected an elaborate chargeability anomaly below the flagship Marimaca Oxide Deposit (MOD) of the company. Location of IP Lines and Resistivity and Chargeability Sections. Drill holes with significant sulfide intersections shown on location map. Image Credit: Marimaca Copper Corp. In 2002, Marimaca Copper concluded a ...