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Digbee Assessment Continues to Highlight Marimaca’s Unique ESG Position
VANCOUVER, British Columbia, March 09, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) announces the completion
About this update from Marimaca Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 09, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) announces the completion of its second independent ESG performance assessment via the Digbee ESG reporting framework, to assist in the evaluation of the ESG performance and current positioning of the Company and the Marimaca Copper Project, located in Antofagasta Region, Chile (the “Project”). The Digbee framework is designed specifically for the mining sector and endorsed by leading sector and financial stakeholders. The framework provides an independent, practical and forward-looking basis of assessment for junior mining companies at various stages of project lifecycles. It is aligned to core global sustainability standards and is conducted by a team of internationally recognised, independent, ESG experts with significant experience across the mining and resources sector. The 2022 assessment identifies the Company’s achievements to date and provides independent ESG accreditation of Marimaca’s ESG performance. Marimaca’s Sustainability Commitments, published in May 2022 and available on the Marimaca website, detail the Company’s ethos and vision regarding sustainability. Highlights The 2022 assessment provided an overall score of BBB for the Company and the Marimaca Project, an improvement from the BB score assessed in 2021 Many project and corporate scores were ranked at 'A and above Significant progress has been made by the Company in the past 12 months regarding both ESG governance and operational sustainability milestones: The appointment of a Chief Sustainability Officer and the restructuring of Board Committees to provide a stand-alone ESG committee Secured Water Option Agreement for seawater supply to meet the Project’s expected long-term water supply requirements (see press release dated November 7, 2022) This secures LOM water supply while removing the risk for potential adverse impacts of sourcing water from other limited supplies, such as groundwater The Water Option also provides an option to provide a component of the Project’s power from certified renewable sources, underlining the Company’s commitment to sourcing green power for operational requirements The assessment underlined the following significant ESG credentials of the Marimaca Project: The geological characteristics of t...