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Marimaca Copper Receives Final Documentation for Upcoming Drilling Program

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 25, 2020 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce that, following the positive vote by the Antofagasta Environmental Evaluation Commission (refer to news release on 5 November 2020), it has received its Environmental Qualification Resolution (“RCA”), which allows it to undertake new exploration campaigns at the Marimaca Copper Project (the “Project”) and in the broader Marimaca District.HighlightsFinal RCA received from the Environmental Assessment Service completes the thorough permitting process for the CompanyEvaluation process demonstrates that the Company and the Project, including its surrounding areas, comply with all environmental regulationsApprovals granted for the construction of up to 365 drill pads over the next three years, encompassing 3,800 hectares of highly prospective exploration groundExploration work continues with the objective of further refining targets ahead of the upcoming drilling campaigns

— Surface geology and mapping at Mercedes Target continues to highlight outcrops of oxides with similar geological features and mineralization to Marimaca


— Expanded surveys underway at Cindy Target and to be commenced at the new Robles Target— IP surveys at Marimaca Sulphide Target to be complete by early December, results available prior to year end— Commencement of facilities construction and mobilization of drilling contractors expected in December and January

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