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 [...]
Marimaca Copper Corp. is pleased to announce that, in connection with its previously announced overnight marketed offering, it has entered into an underwriting agreement with a syndicate of underwriters led by Canaccord Genuity Corp., and including BMO Capital Markets, Paradigm Capital Inc. and Tamesis Partners LLP , to sell 8,000,000 units of the Company at a price of C$3.15 per Unit for aggregate gross proceeds of [...]
Marimaca Copper Corp. is pleased to announce that it has filed a preliminary short form prospectus in connection with an overnight marketed offering of units of the Company for gross proceeds of approximately CDN$20 million, at a price per Unit to be determined in the context of the market. The Offering will be conducted through a syndicate of underwriters led by Canaccord Genuity Corp. . Each Unit will consist of one [...]
Marimaca Copper Corp. is pleased to announce that the Antofagasta Environmental Evaluation Commission has approved, by a majority vote, the Company’s new exploration campaigns, which will encompass further drilling at the Marimaca Oxide Deposit , exploration drilling at the Marimaca Sulphide Target and in the broader Marimaca District. Highlights Approval for new exploration programs received from regional [...]
Marimaca Copper Corp. is pleased to provide an update on its exploration work in the new Marimaca Copper District , which is advancing rapidly. The success of the two magnetic surveys provide several areas for follow-up work to further refine targets with the objective of commencing drilling in early 2021, notwithstanding the ongoing impact of COVID-19 and the potential for delays in this work program. Highlights Induced [...]
Marimaca Copper Corp. is pleased to announce it will host a webinar today at 11am EDT , following the release of the results of a high resolution, drone mounted, magnetic survey in the district surrounding the Company’s flagship Marimaca Copper Project in Chile. Questions can be submitted through the webinar platform, or via email to marimaca@tavistock.co.uk no later than two hours prior to the scheduled start time. To [...]
Marimaca Copper Corp. is pleased to announce the results of a high resolution, drone mounted, magnetic survey in the district surrounding the Company’s flagship Marimaca Copper Project in Chile. The Survey has identified several large-scale magnetic anomalies which the Company believes are prospective for Marimaca IOCG style deposits. The Company will host a webinar on this release on Monday the 28th of September [...]