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Top News In ஜோஸ் சிம்சன் எமிலி பாசி Today - Breaking & Trending Today

Marimaca Reports Encouraging Underground Channel Sample Results from the Cindy Target


Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) 
(TSX: MARI) is pleased to announce the results from underground mapping and sampling at the Cindy Target (“Cindy”), which indicate broad zones of higher-grade mineralization.
Highlights
Underground channel sampling defines broad zones of higher-grade mineralization including:
38m @ 0.90% CuT, 112m @ 0.41% CuT, 36m @ 0.60% CuT, 48m @ 0.90% CuT and 160m @ 0.59% CuT
Historical underground workings selectively exploited high grade copper mineralization in magnetite breccias
Consists primarily of copper oxides atacamite, brochantite and chrysocolla with some wad
Drilling commenced at the end of April targeting a 1,300m long complex with several magnetite breccias with the potential to host high grade copper mineralization ....

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Marimaca Announces Changes to Board and Senior Management Team


Share:
Marimaca Copper Corp. ( Marimaca Copper or the Company ) 
(TSX:MARI) 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 Decher to assume the role of Chief Financial Officer and step down from the Board of Directors
Mr. Colin Kinley to succeed Ms. Decher as Lead Independent Director and Chair of the Audit Committee ....

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First Drill Hole Intersects Broad Zone of Sulphide Copper Mineralization at Marimaca


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 grade of 0.77% CuT from 162m; and
42m with an average grade of 0.92% CuT from 236m.
Intersection represents a significantly broader zone of mineralization than anticipated from earlier, nearby, sulphide drilling intersections ....

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Marimaca Completes $30.9 Million Non-Brokered Private Placement


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 Common Share at an exercise price of $4.10 at any time up to and including December 3, 2022. The proceeds of the private placement will be used to advance the Company’s Marimaca Project and for working capital purposes. ....

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Marimaca Copper Files Preliminary Base Shelf Prospectus

Marimaca Copper Files Preliminary Base Shelf Prospectus
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