Business
Marimaca Copper Announces Infill Drilling Results Further Confirming Consistency of Mineralization at the MOD
VANCOUVER, British Columbia, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce fu
About this update from Marimaca Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce further results from the 2022 infill and extensional drilling campaign at the Marimaca Oxide Deposit (the “MOD”). Results reflect a total of 6,130m across 31 drill holes. The drilling intersected mineralization in-line with the current geological interpretation of the MOD. Drilling in the south-east zone of the MOD, on trend with the Sierra and Sorpresa satellite targets, continues to demonstrate extensions to green-oxide rich mineralization beyond the previously interpreted limits of the 2019 Mineral Resource Estimate (“MRE”). Copper oxide mineralization also remains open to the east of the MOD. Hole MAR-158 was drilled on a ~150m step-out from the eastern pit limits and intersected continuations of shallow green oxide mineralization. Drilling on the western boundary of the MOD confirmed limits of copper oxide mineralization with lower-grade intersections of thinning mineralization. In the central MOD, hole MAR-65Ext intersected extensions of higher-grade mineralization into the MAMIX zone. Highlights Infill drilling intersected extensions to known green-oxide mineralization in the south-east zone of the MOD, consistent with previous 2022 results (see release dated March 28, 2022) MAMIX drilling intersected extensions to higher grade oxide and mixed mineralization at depth, improving confidence in the higher-grade core of the MOD and MAMIX Oxide intersections from step-out drilling on the north-eastern boundary of the MOD (MAR-158) demonstrates a material broadening of the MOD’s oxide halo to the east which is consistent with previous step-out drilling (MAR-126, see release dated May 5, 2021) Notable intersections include MAR-65Ext intersected 332m at 0.44% CuT from 36m, including a higher-grade extension of 78m at 0.90% CuT from 218m LAR-96 intersected 98m at 0.41% CuT from surface including 22m at 1.14% CuT from surface MAR-172 intersected 200m at 0.25% CuT from 12m including 66m at 0.51% CuT from 38m MAR-171 intersected 164m at 0.37% CuT from 2m including 96m at 0.53% CuT from 70m MAR-158 intersected 72m at 0.36% CuT from 120m LAR-03 intersected 346m at 0.32% CuT from 2m including 40m at 0.34% CuT from 272m LAR-25 intersected 340m at 0.33% CuT from 12m The 2022 dr...