SX-EW

Marimaca Condemnation Drilling Intersects 30m at 1.0% CuT from 62m in Newly Discovered San Lorenzo Area; Confirms Project Layout

Retrieved on: 
Monday, January 15, 2024

Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.

Key Points: 
  • Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.
  • We have used the information from this program for the dual purpose of confirming ground conditions to underpin expected civil earthworks estimation.
  • This confirms that the site has good ground conditions and civil earthwork is as expected in previous studies.
  • We are finalizing 2024 exploration plans particularly for the Sierra de Medina project and will update as new developments occur.

Marimaca Appoints Ausenco to Lead Marimaca Project Definitive Feasibility Study

Retrieved on: 
Monday, October 30, 2023

VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the appointment of Ausenco Chile Limitada (“Ausenco”) to lead the Marimaca Project Definitive Feasibility Study (the “DFS”), following a competitive bidding process.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the appointment of Ausenco Chile Limitada (“Ausenco”) to lead the Marimaca Project Definitive Feasibility Study (the “DFS”), following a competitive bidding process.
  • The firm has a wealth of experience and is already familiar with the Marimaca Copper Project (the “Project”) having led the 2020 Preliminary Economic Assessment (the “2020 PEA”) and subsequent trade-off studies for the Project.
  • Ausenco will lead the DFS engineering workstreams as well as serve as lead author for the planned NI 43-101 technical report with its professionals acting as Qualified Persons for core chapters.
  • We look forward to a long-term partnership with Marimaca as we work together to develop this unique copper project.”

Marimaca Files Technical Report on Updated Mineral Resource Estimation

Retrieved on: 
Tuesday, June 27, 2023

Technical and economic parameters include: copper price US$4.00/lb; base mining cost of US$1.51/t with a mining cost adjustment factor of US$0.04/t-10m bench; Heap Leach “HL” processing cost US$5.94/t (incl.

Key Points: 
  • Technical and economic parameters include: copper price US$4.00/lb; base mining cost of US$1.51/t with a mining cost adjustment factor of US$0.04/t-10m bench; Heap Leach “HL” processing cost US$5.94/t (incl.
  • G&A); SX-EW processing cost and selling cost US$0.16/lb Cu; heap leach recovery 76% of CuT; ROM recovery 40% of CuT; and 42°-52° pit slope angles
    * Mineral resources which are not mineral reserves do not have demonstrated economic viability.
  • For further information please visit www.marimaca.com or contact:
    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation.
  • Neither the Toronto Stock Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.

Marimaca Announces Updated Mineral Resource Estimate for the Marimaca Oxide Deposit

Retrieved on: 
Thursday, May 18, 2023

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the Marimaca Oxide Deposit (the “MOD” or the “Project”) located in the Antofagasta region of northern Chile.

Key Points: 
  • Due to the uncertainty which may attach to inferred mineral resources, it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to an indicated or measured mineral resource as a result of continued exploration
    Marimaca has completed 5 phases of extensive metallurgical test work at Marimaca.
  • Figure 3 (long section) demonstrates the continuity of the oxide mineralization across the N-S extent of the deposit.
  • Higher grade green oxide mineralization (brochantite, atacamite, chrysocolla) dominates the core of the deposit and is located near-surface.
  • The MOD oxide potential remains open to the east and southeast and further exploration may be planned in due course.

Capstone Copper Reports Third Quarter 2022 Results

Retrieved on: 
Monday, October 31, 2022

Q3 2022 production was 13.6 thousand tonnes, 9.6 thousand tonnes of copper in concentrate and 4.0 thousand tonnes of cathode.

Key Points: 
  • Q3 2022 production was 13.6 thousand tonnes, 9.6 thousand tonnes of copper in concentrate and 4.0 thousand tonnes of cathode.
  • Q3 2022 throughout of 14,334 tpd was 6% lower than the previous quarter due to several unplanned downtime events impacting performance.
  • 2022 YTD production (including the nine days in March 2022 after closing of the Transaction) was 25.8 thousand tonnes of copper cathode.
  • Copper Cities, Arizona: On January 20, 2022, Capstone Mining announced that it had entered into an 18-month access agreement with BHP Copper Inc. ("BHP") to conduct drill and metallurgical test-work at BHP's Copper Cities project ("Copper Cities"), located approximately 10 km east of the Pinto Valley mine.

David Beling Appointed Strategic Advisor for KRTL Holdings Group Inc

Retrieved on: 
Thursday, October 13, 2022

Lakewood, CO, Oct. 13, 2022 (GLOBE NEWSWIRE) -- KRTL Holding Group is very excited to welcome Mr. David Beling as a new Strategic Advisor.

Key Points: 
  • Lakewood, CO, Oct. 13, 2022 (GLOBE NEWSWIRE) -- KRTL Holding Group is very excited to welcome Mr. David Beling as a new Strategic Advisor.
  • In this regard, Mr. Beling has more than 50 years of experience with processing and successfully negotiating and closing numerous business transactions and financings.
  • He also developed, enhanced, and obtained financing for several mining companies, mainly in the copper, gold, cobalt, nickel, and uranium sectors.
  • The Company operates its wholly owned subsidiaries, KRTL Biotech, Inc. and KRTL International Corp., with precision and excellence and continues to create and strengthen the KRTL reputation.

Capstone Copper Reports Second Quarter 2022 Results

Retrieved on: 
Monday, August 8, 2022

2022 YTD production (including the nine days in March 2022 after closing of the Transaction) was 13,400 tonnes, 9,400 tonnes of copper in concentrate and 4,000 tonnes of cathode.

Key Points: 
  • 2022 YTD production (including the nine days in March 2022 after closing of the Transaction) was 13,400 tonnes, 9,400 tonnes of copper in concentrate and 4,000 tonnes of cathode.
  • 2022 YTD production (including the nine days in March 2022 after closing of the Transaction) was 14,300 tonnes of copper cathode.
  • Copper Cities, Arizona: On January 20, 2022, Capstone Mining announced that it had entered into an 18-month access agreement with BHP Copper Inc. ("BHP") to conduct drill and metallurgical test-work at BHP's Copper Cities project ("Copper Cities"), located approximately 10 km east of the Pinto Valley mine.
  • During the nine months from April 1, 2022 to December 31, 2022, Capstone Copper expects to produce between 136,000 and 150,000 tonnes of copper at C1 cash costs1 of between $2.55 and $2.70 per pound payable copper produced.

Excelsior Mining Announces Interim Assay Results from the JCM Infill Drill Program

Retrieved on: 
Wednesday, June 22, 2022

Selection criteria will be focused on rapid, low-cost solutions to demonstrate that the technology is effective in solving the wellfield challenges.

Key Points: 
  • Selection criteria will be focused on rapid, low-cost solutions to demonstrate that the technology is effective in solving the wellfield challenges.
  • Excelsior intends to undertake a more comprehensive evaluation of the oxide and sulfide potential of its mineral resource and mining assets.
  • Mr. Twyerould has verified that the results were accurate from the official assay certificates provided to Excelsior.
  • Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

Excelsior Mining Announces Updated Technical Report for Gunnison Copper Project and Johnson Camp Mine

Retrieved on: 
Wednesday, March 30, 2022

The JCM plan has been developed with the expectation that it will produce leachable copper material and provide cash flow while the Gunnison Copper Project is being constructed.

Key Points: 
  • The JCM plan has been developed with the expectation that it will produce leachable copper material and provide cash flow while the Gunnison Copper Project is being constructed.
  • Excelsior is currently working on a significant amendment to the existing APP to accommodate mining at JCM from the Burro Pit.
  • Excelsior "The Copper Solution Company" is a mineral exploration and production company that owns and operates the Gunnison Copper Project in Cochise County, Arizona.
  • The project is a low cost, environmentally friendly in-situ recovery copper extraction project that is permitted to 125 million pounds per year of copper cathode production.

Marimaca Targeting Industry-Leading Low-Carbon Emissions

Retrieved on: 
Thursday, November 4, 2021

VANCOUVER, British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (Marimaca Copper or the Company) (TSX: MARI) is pleased to announce results from a recently completed study by leading research & consultancy firm, Wood Mackenzie (Wood Mac), examining Marimaca Coppers expected carbon emissions targets during the development and operation of the Marimaca Oxide Deposit (the MOD or the Project) (the Study).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (Marimaca Copper or the Company) (TSX: MARI) is pleased to announce results from a recently completed study by leading research & consultancy firm, Wood Mackenzie (Wood Mac), examining Marimaca Coppers expected carbon emissions targets during the development and operation of the Marimaca Oxide Deposit (the MOD or the Project) (the Study).
  • The Study confirms the validity of the Companys target to deliver a world-class green copper project with industry-leading carbon emissions.
  • Marimaca has the potential to be industry leading on this front, complementing its many other unique features.
  • Average emission intensity by product, Kg CO2-e / t CuEq Concentrates vs. SX-EW Cathode
    Focusing on only Scope I and Scope II emissions (mine site emissions), Marimaca benefits from very favourable regional infrastructure and energy access and potential energy mix.