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Marimaca Copper Drilling Intersects High Grade Extensions below the Marimaca Oxide Deposit
VANCOUVER, British Columbia, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce res
About this update from Marimaca Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce results from the extensional drilling campaign at the Marimaca Oxide Deposit (“MOD”) and initial drilling results from the Roble Target (“Roble”), located less than 3km northeast of the MOD. The Reverse Circulation (“RC”) drilling campaign below the MOD open pit limits has intersected significant zones of mixed, enriched and some primary sulphide mineralization, indicating the potential for the expansion of the MOD’s future leachable Mineral Resource Estimate (“MRE”) and complementing the previous drilling which also encountered significant extensions of mineralization at depth (refer to announcement on 5th of May 2021). A total of 3,120m in 12 re-entry holes was drilled as extensions from the bottom of historic MOD drill holes and tested the continuation of mineralization below the existing resource pit shell. Preliminary results suggest the potential to add high-grade resources to the MOD MRE. At the Roble Target, a discovery campaign of 2,570m over 12 shallow RC holes was completed with broad zones of oxide mineralization encountered from surface, providing additional potential to grow the Company’s oxide resource base. Highlights Significant extensions at depth of known copper mineralization at the MOD, complementing previously reported deeper drilling, have potentially positive implications for future scale and mine life of the operation MAR-17 extended: 488m at 0.48% CuT from 4m including: New intersection of 284m at 0.63% CuT from 208m, including 126m at 1.13% CuT MAR-70 extended: 416m at 0.56% CuT from 14m including: New intersection of 206m at 0.73% CuT from 224m LAR-06 extended: 332m at 0.66% CuT from 48m including: New intersection of 52m at 0.78% CuT from 328m MAR-82 extended: 306m at 0.56% CuT from 4m including: New intersection of 106m at 0.76% CuT from 204m MAR-06 extended: 274m at 0.51% CuT from 14m including: New intersection of 80m at 0.78% CuT from 208m MAR-55 extended: 252m at 0.40% CuT from 114m including: New intersection of 64m at 0.59% CuT from 302m MAR-78 extended: 234m at 1.15% CuT from 108m including: New intersection of 90m at 0.31% CuT from 252m MAR-44 extended: 268m at 0.66% CuT from 68m including: New intersection of 96m at 0.84% CuT from...