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Marimaca Copper: Positive Infill Drilling Continues at the Marimaca Oxide Deposit
VANCOUVER, British Columbia, June 13, 2022 (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, June 13, 2022 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce results from a further thirteen (13) reverse circulation (RC) drill holes, totaling 2,910m, from the 2022 infill drilling campaign at the Marimaca Oxide Deposit (“MOD”). Similar to the previously released results (see release from March 28, 2022 and May 10, 2022), these holes confirmed the mineralized zones as interpreted in the existing Mineral Resource Estimate (MRE) (released December 2019) area for the MOD, and, in several cases, extended mineralization outside the 2019 MRE block model or encountered higher grades than expected. Deeper drilling in the centre of the deposit continues to highlight the excellent continuity of the newly discovered MAMIX zone at depth. Highlights Drilling continues to highlight excellent continuity of the mineralized system from surface to depths of nearly 500m Several holes confirm extension potential outside the historical MRE limits Deeper drilling continues to define broad depth extensions in the MAMIX zone with better grades at depth East and northeastern extensions to the MOD identified in MAR-140, MAR-146, MAR-147 and MAR-148 Infill drilling grades continue to surprise to the upside MAR-149 intersected 190m @ 0.39% CuT from 2m including 126m @ 0.53% CuT from 2m Zone previously interpreted in MRE to be in the range of 0.10-0.30% CuT Result is supported by MAR-148 which intersected 70m @ 0.34% CuT from 20m MAR-145A intersected 462m of 0.31% CuT from 8m Bottom of the hole intersected 76m of 0.50% CuT ending in mineralization and remains open at depth ATR-110 intersected 438m of 0.24% CuT from 2m Bottom of the hole intersected 76m of 0.60% CuT from 364m to 440m ATR-111 intersected 262m of 0.41% CuT from 2m Sergio Rivera, VP Exploration of Marimaca Copper, commented: “Once again, we are impressed by the remarkable continuity and predictability of the MOD. Drilling intersected mineralization at the expected depths in all drill holes as well as extending mineralization in several areas. “Grades observed in the drilling campaign continue to surprise on the upside, which is a phenomenon we have experienced in our previous infill drilling programs. We note infill holes MAR-148 and MAR-149, which are in an area previously interpolated in th...