Marimaca stock up on new drill results at copper project in Antofagasta region

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Key drilling highlights include the results from drill hole SLR-08, located south of the planned plant facilities in the San Lorenzo district. This particular drill hole intersected 30 metres at 0.99% total copper from a depth of 62 metres within a broader zone of 68 metres at 0.51% total copper from the same depth.

The oxide project’s DFS remains on schedule for late 2024 completion with permit submissions targeting the middle of 2024, Marimaca said.

“The discovery of a new mineralized trend identified in the San Lorenzo area will be evaluated further to determine next steps, but it appears the core zone extends to the south away from the project’s infrastructure and offers an interesting target for shallow oxide mineralization,” CEO Hayden Locke said in a news release.

“Further afield, we have completed a review of our broader exploration package and have identified several areas with exciting potential. We are…

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