Drilling underway at the 2022 MOD Infill Program. Credit: Marimaca Copper.
Marimaca Copper (TSX: MARI) is confident its namesake discovery in northern Chile near Antofagasta is still in the discovery phase despite a feasibility study forthcoming by year-end and a construction decision looming in 2023.
President and CEO Hayden Locke tells The Northern Miner the company had a smooth start to infill drill work at the Marimaca Oxide Deposit (MOD) in January. Planning is advancing on a parallel MOD depth extension (called MAMIX) drill campaign to start soon as the company works to understand the size potential of the deposit better.