Marimaca Copper Corp. (TSX: MARI) posted an updated Mineral Resource Estimate for the Marimaca Oxide Deposit, based on 28,374m of drilling conducted since the last MRE released in October 2022.
Measured and Indicated Resources are now 200.3Mt at 0.45% CuT, up 44% from the previous estimate, yielding 900kt of contained copper.
Most of the growth refers to drilling focused on areas of the northern MOD, however there is further potential for growth as ongoing exploration workstreams will focus on the Marimaca sulphide target and the delineation of near-mine satellite oxide targets (Mercedes, Cindy, Mititus). Assays are pending from the first phase of drilling at the sulphide target.
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