Marimaca Copper stock rises as company drills first significant sulphides in Chile

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Marimaca Copper stock rises as company drills first significant sulphides in Chile. copper mining

Marimaca Copper revealed on Thursday the sulphide potential of its Marimaca oxide deposit in Chile, with drill hole MAD-22 returning 92 metres at 2.11% total copper from 140 metres, including 22 metres at 5.27% total copper, from 204 metres, in primary sulphides alone.

Combined with oxides, MAD-22 returned a full intersection of 240 metres at 1.01% total copper from surface in two separate zones . “With the 2022 drill program now completed, results from MAD-22 will be considered in our exploration planning going forward,” he added. The balance of the 2022 infill drilling program will be included in a subsequent MRE planned for early 2023, with the objective of upgrading the remaining inferred resources to underpin a definitive feasibility study.

 

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