Slide 1: Marimaca Copper Deposit: Exploration Update – December 2022
Marimaca Copper Deposit Exploration Update – December 2022 • 2022 Drill Program Overview • October 2022 Mineral Resource Estimate Discussion • Potential for Resource Growth: Oxides and Sulphides • District Exploration Potential Update • Regional Exploration Potential Review Sergio Rivera, VP of Expl
Slide 2: Disclaimer
Disclaimer 1 This presentation includes certain forward-looking statements about future events Unless otherwise indicated, Marimaca Copper Corp. has prepared the technical and/or financial results which are forward-looking in nature and subject to risks and information in this presentation (“Technic
Slide 3: Marimaca: A Track Record of Mineral Resource Growth
Marimaca: A Track Record of Mineral Resource Growth 1 The MOD’s path to a target of 1 million tonnes of contained copper • Maiden Mineral Resource • 2019 MRE(3): • Planned 2023 MRE Estimate at Marimaca ― 419.9kt Cu M&I ― Targeting conversion of Claim(1): ― 224.5kt Cu Inferred Inferred to M&I ― 145.5
Slide 4: 2022 Drill Program Overview: Drill Hole Summary Data
2022 Drill Program Overview: Drill Hole Summary Data 2 Total 2022 Program # of Holes Meters Reverse circulation 152 34,602 Diamond drilling 13 3,002 Re‐entry RC 25 3,968 Total 165 + 25RE 41,572 Captured in 2022 MRE (June ’22 Data Cut‐off) # of Holes Meters Reverse circulation 39 13,002 Diamond drill
Slide 5: 2022 Mineral Resource Estimate: Delivering a significant step-change in project scale
2022 Mineral Resource Estimate: Delivering a significant step‐change in project scale 3 2022 MRE – Plan View • Significant increase in M&I and Inferred tonnage and contained metal over the 2019 MRE ― 98% growth in Measured and Indicated Resource tonnage to 139.6Mt at 0.48% CuT (0.30% CuS) for ~665,0
Slide 6: 2022 Mineral Resource Estimate: 2019 vs 2022 Model Comparisons
2022 Mineral Resource Estimate: 2019 vs 2022 Model Comparisons 4 2019 Broc 2022 Cris Cc Wad Cp Mix 3D view towards NE Long Section 200 m
Slide 7: Exploration Update: Potential for oxide resource growth
Exploration Update: Potential for oxide resource growth 5 2022 MRE Pit Outline MOD 4 km 0.1%Cu MOD 0.1%Cu Potential Outline 2 km
Slide 8: Exploration Update: Potential for primary sulphide resource growth
Exploration Update: Potential for primary sulphide resource growth 6 (MOD) >0.03 SI Potential for deep MIV 1 kmSI >0.03 sulphide mineralization volume Magnetic Susceptibility and Mineral Zone relationships 3D MIV Model for potential Cu sulphide mineralization down‐dip MOD
Slide 9: District potential for “Marimaca” style repetitions
Exploration Update: District potential for “Marimaca” style repetitions 6 The potential quantity Cindy Target: and grade presented Cindy 30‐40 Mt at 0.3‐0.4% Roble Target: in the exploration Emilia CuT 20‐30 Mt at 0.2‐ target ranges are 0.3% CuT conceptual and have Llanos insufficient Cedro explorat
Slide 10: Regional potential along the Naguayan Belt
Exploration Update: Regional potential along the Naguayan Belt 8 1 0 Robles Cindy Mercedes Potencial regional: MOD ‐ Mititus ‐ Sierra de medina (Google Image overlain by RTP High Resolution Drone Driven Magnetometry, by GFDAS Chile. White dots are exploration drill collars, yellow line outlines >0.1
Slide 11: Marimaca Copper Deposit: Exploration Update – December 2022
Marimaca Copper Deposit Exploration Update – December 2022 • 2022 Drill Program Overview • October 2022 Mineral Resource Estimate Discussion • Potential for Resource Growth: Oxides and Sulphides • District Exploration Potential Update • Regional Exploration Potential Review Sergio Rivera, VP of Expl