Marimaca Copper (TSX:MARI) announces assay results and outlines follow-up drilling at the Marimaca Project

Marimaca Copper (MARI) announced the results of assays for gold and silver from hole MAD-22 at the Marimaca Project in Chile MAD-22 intersected over 240m of continuous mineralization from surface with a high-grade primary mineral zone at depth A five-hole diamond drilling program is planned, and the rig will be mobilized to follow up results of MAD-22 Head of Corporate Development Nico Cookson met with Coreena Robertson to discuss the results Marimaca Copper Corp is a copper exploration company. The company’s flagship asset is the Marimaca Copper Project in Chile Marimaca Copper Corp (MARI) opened trading at C$ 3.29

Marimaca Copper (MARI) announced the results of assays for gold and silver from hole MAD-22 at the Marimaca Project in Chile.

Highlights: The first anomalous gold and silver identified at Marimaca coincident with higher grades of primary copper mineralization in MAD-22 100m of anomalous gold (majority >0.02g/t) and silver (majority >1g/t) from 140m 40m with an average grade of 3.74% CuT and 0.07g/t Au, and 7g/t Ag from 186m Represents 40m with an average grade of 3.84% CuEq1 from 186m MAD-22 intersected over 240m of continuous mineralization from surface with a high-grade primary mineral zone at depth including: Reconfirms strong association of high-grade chalcopyrite with high magnetic susceptibility Encountered massive chalcopyrite over an interval of 92m with an average copper grade of 2.11% CuT from 140m Located immediately adjacent to the eastern wall of the whittle pit limits for the October 2022 MRE, indicating potential for high-grade, open pit-able mineralization Indications are that mineralization relates to a second, later stage, mineralizing event when compared to the broader Marimaca Oxide Project A large scale magnetic anomaly previously identified is believed to be prospective for mineralization similar to the primary zone in MAD-22 A five-hole diamond drilling program is planned, and the rig will be mobilized to follow up results of MAD-22: 50m to 100m step-outs from MAD-22 The first phase tests approximately 300m of strike potential around MAD-22 with a target width of up to 300m Drilling will test deeper extensions below the limit of drill hole MAD-22, which terminated in mineralization The second phase of up to five holes based on the results of the first phase increasing tested strike length to 500m+ Fully funded to test the exciting sulphide target

Head of Corporate Development Nico Cookson met with Coreena Robertson to discuss the results.

Marimaca Copper Corp is a copper exploration company. The company’s flagship asset is the Marimaca Copper Project in Chile’s Antofagasta region. 

Marimaca Copper Corp (MARI) opened trading at C$ 3.29.

The post Marimaca Copper (TSX:MARI) announces assay results and outlines follow-up drilling at the Marimaca Project appeared first on The Market Herald.

Marimaca Copper (TSX:MARI) announces assay results and outlines follow-up drilling at the Marimaca Project