{"id":3413,"date":"2017-11-09T15:30:19","date_gmt":"2017-11-09T20:30:19","guid":{"rendered":"http:\/\/marimaca.com\/coro-reports-first-infill-drilling-results-from-its-marimaca-copper-project-chile\/"},"modified":"2020-12-17T07:22:54","modified_gmt":"2020-12-17T12:22:54","slug":"coro-reports-first-infill-drilling-results-from-its-marimaca-copper-project-chile","status":"publish","type":"post","link":"https:\/\/marimaca.com\/es\/coro-reports-first-infill-drilling-results-from-its-marimaca-copper-project-chile\/","title":{"rendered":"Coro Reports First Infill Drilling Results from its Marimaca Copper Project, Chile"},"content":{"rendered":"

– Drilling highlights include 156m @ 0.72%CuT, 172m @ 0.71%CuT and 60m @ 1.61%CuT<\/em><\/p>\n

November 09, 2017 – Marimaca Copper Corp.<\/strong>\u00a0(\u201cCoro\u201d or the \u201cCompany\u201d) (TSX Symbol: COP) is pleased to announce the results of the initial 11 reverse circulation (RC) holes from the recently completed 57-hole, 11,178-metre infill drill program completed at its Marimaca copper project, located 22km east of the port of Mejillones in the II Region of Chile, (Fig. 1). Previous drill results from Marimaca were released in 2016 and a maiden resource estimate on January 12\u00a02017.<\/p>\n

\u201cWe are very satisfied with the results of this first batch of infill holes, which confirm our expectations from the 2016 drilling,\u201d commented Marimaca CopperPresident & CEO Luis Tondo. \u201cAlthough the program continues to define the leachable copper resource, it was exciting to intersect 60 metres at 1.61% total copper in primary sulphide mineralization at the bottom of hole MAR-60. The remaining holes will be released in meaningful batches over the coming weeks and the rig will now commence the exploration drill program described in our news release of November 2\u00a02017. This infill drilling program will inform the Definitive Feasibility Study being conducted on the Marimaca project, both as a requirement for Marimaca Copperto earn its 75% of this property and as a means of facilitating the fast tracking of Marimaca to copper production.\u201d<\/p>\n

Drilling Results<\/strong><\/p>\n

Results are shown on Table 1 where %CuT means total copper. Drill hole locations are shown on Fig 2. Collar coordinates are shown on Table 2.<\/p>\n

Table 1: Intersections<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Hole<\/strong><\/td>\nTD<\/strong><\/td>\n<\/td>\nFrom<\/strong><\/td>\nTo<\/strong><\/td>\nm<\/strong><\/td>\n%CuT<\/strong><\/td>\nType<\/strong><\/td>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-55<\/td>\n200m<\/td>\n<\/td>\n110<\/td>\n140<\/td>\n30<\/td>\n1.27<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-56<\/td>\n200m<\/td>\n<\/td>\n8<\/td>\n38<\/td>\n30<\/td>\n0.40<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n122<\/td>\n150<\/td>\n28<\/td>\n1.04<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-57<\/td>\n200m<\/td>\n<\/td>\n176<\/td>\n198<\/td>\n22<\/td>\n0.26<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-58<\/td>\n258m<\/td>\n<\/td>\n92<\/td>\n248<\/td>\n156<\/td>\n0.72<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-59<\/td>\n200m<\/td>\n<\/td>\n24<\/td>\n142<\/td>\n118<\/td>\n0.68<\/td>\nOxide<\/td>\n<\/tr>\n
MAR-60<\/td>\n250m<\/td>\n<\/td>\n86<\/td>\n122<\/td>\n36<\/td>\n0.22<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n132<\/td>\n142<\/td>\n10<\/td>\n0.19<\/td>\nOxide<\/td>\n<\/tr>\n
142<\/td>\n158<\/td>\n16<\/td>\n0.53<\/td>\nMixed<\/td>\n<\/tr>\n
190<\/td>\n250<\/td>\n60<\/td>\n1.61<\/td>\nPrimary<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-61<\/td>\n250m<\/td>\n<\/td>\n222<\/td>\n246<\/td>\n24<\/td>\n0.31<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-62<\/td>\n250m<\/td>\n<\/td>\n188<\/td>\n204<\/td>\n16<\/td>\n0.29<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n216<\/td>\n230<\/td>\n14<\/td>\n1.05<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-63<\/td>\n200m<\/td>\n<\/td>\n54<\/td>\n100<\/td>\n46<\/td>\n0.74<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n110<\/td>\n132<\/td>\n22<\/td>\n0.78<\/td>\nMixed<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-64<\/td>\n250m<\/td>\n<\/td>\n24<\/td>\n196<\/td>\n172<\/td>\n0.71<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n224<\/td>\n236<\/td>\n12<\/td>\n1.75<\/td>\nEnriched<\/td>\n<\/tr>\n
236<\/td>\n250<\/td>\n14<\/td>\n1.00<\/td>\nOxide<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAR-65<\/td>\n200m<\/td>\n<\/td>\n36<\/td>\n56<\/td>\n20<\/td>\n0.56<\/td>\nOxide<\/td>\n<\/tr>\n
and<\/td>\n74<\/td>\n116<\/td>\n42<\/td>\n0.51<\/td>\nOxide<\/td>\n<\/tr>\n
116<\/td>\n134<\/td>\n18<\/td>\n0.29<\/td>\nMixed<\/td>\n<\/tr>\n
154<\/td>\n164<\/td>\n10<\/td>\n0.66<\/td>\nOxide<\/td>\n<\/tr>\n
184<\/td>\n198<\/td>\n14<\/td>\n0.49<\/td>\nMixed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sampling and Assay Protocol<\/strong><\/p>\n

True widths cannot be determined with the information available at this time. Marimaca CopperRC holes were sampled on a 2 metre continuous basis, with dry samples riffle split on site and one quarter sent to the Andes Analytical Assay laboratory in Copiapo, Chile for preparation and assaying. A second quarter was stored on site for reference. Samples were prepared using the following standard protocol: drying; crushing to better than 85% passing -10#; homogenizing; splitting; pulverizing a 500-700g subsample to 95% passing -150#; and a 125g split of this sent for assaying. All samples were assayed for CuT (total copper), CuS (acid soluble copper), CuCN (cyanide soluble copper) by AAS and for acid consumption. A full QA\/QC program, involving insertion of appropriate blanks, standards and duplicates was employed with acceptable results. Pulps and sample rejects are stored by Marimaca Copperfor future reference.<\/p>\n

Sergio Rivera, Vice President of Exploration, Marimaca Copper Corp, a geologist with more than 33 years of experience and a member of the Colegio de Geologos de Chile and of the Instituto de Ingenieros de Minas de Chile, was responsible for the design and execution of the exploration program and is the Qualified Person for the purposes of NI 43-101. Alan Stephens, FIMMM, Executive Director of Marimaca Copper Corp, a geologist with more than 42 years of experience, and a Qualified Person for the purposes of NI 43-101, is responsible for the contents of this news release.<\/p>\n

Fig 1: Location of Marimaca and Marimaca CopperClaims<\/strong><\/p>\n

\"\"<\/p>\n

Fig 2: Marimaca Drill Plan<\/strong><\/p>\n

\"\"<\/p>\n

2017 drilling: red
\n2016 drilling: grey<\/p>\n

Table 2: 2017 Infill Drill Collars<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

\nHole<\/strong><\/td>\n		Easting<\/strong><\/td>\nNorthing<\/strong><\/td>\nElevation<\/strong><\/td>\nAzimuth<\/strong><\/td>\nInclination<\/strong><\/td>\nDepth<\/strong><\/td>\n<\/tr>\n<\/thead>\n
MAR-55<\/td>\n375080.94<\/td>\n7435510.84<\/td>\n1108.39<\/td>\n220<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n
MAR-56<\/td>\n375091.44<\/td>\n7435517.70<\/td>\n1108.93<\/td>\n310<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n
MAR-57<\/td>\n375242.63<\/td>\n7435416.27<\/td>\n1117.39<\/td>\n220<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n
MAR-58<\/td>\n374819.74<\/td>\n7435612.62<\/td>\n1132.63<\/td>\n310<\/td>\n-60<\/td>\n258<\/td>\n<\/tr>\n
MAR-59<\/td>\n374822.77<\/td>\n7435604.06<\/td>\n1132.72<\/td>\n220<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n
MAR-60<\/td>\n374863.68<\/td>\n7435580.82<\/td>\n1112.46<\/td>\n310<\/td>\n-60<\/td>\n250<\/td>\n<\/tr>\n
MAR-61<\/td>\n375185.75<\/td>\n7435368.85<\/td>\n1109.04<\/td>\n220<\/td>\n-60<\/td>\n250<\/td>\n<\/tr>\n
MAR-62<\/td>\n375160.87<\/td>\n7435319.33<\/td>\n1103.13<\/td>\n220<\/td>\n-60<\/td>\n250<\/td>\n<\/tr>\n
MAR-63<\/td>\n375000.74<\/td>\n7435642.15<\/td>\n1093.17<\/td>\n220<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n
MAR-64<\/td>\n374861.45<\/td>\n7435576.02<\/td>\n1112.45<\/td>\n220<\/td>\n-60<\/td>\n250<\/td>\n<\/tr>\n
MAR-65<\/td>\n374902.84<\/td>\n7435648.11<\/td>\n1115.00<\/td>\n220<\/td>\n-60<\/td>\n200<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

About Marimaca Copper Corp.:<\/strong><\/p>\n

Coro\u2019s strategy is to grow a mining business through the discovery, development and operation projects at any stage of development, which are well located with respect to infrastructure and water, have low permitting risk, and have the potential to achieve a short and cost effective timeline to production. The Company\u2019s preference is for open pit heap leach copper projects, where minimizing capital investment and creating profitability are priorities and, where the likely capital cost is financeable relative to the Company\u2019s market capitalization. The Company\u2019s assets include the Marimaca development project; its 65% interest in the SCM Berta company, which owns the Berta mine and Nora plant and the Llancahue prospect.<\/p>\n

For further information:<\/p>\n

Contact Naomi Nemeth, VP Communications\/IR at +1 (647) 556\u00a01023, +1 (604) 682\u00a05546, Toll free +1\u00a0877\u00a0702\u00a02676 or\u00a0nnemeth@coromining.com<\/a>
\nVisit our website site at\u00a0www.coromining.com<\/a>
\nEmail us at\u00a0investor.info@coromining.com<\/a>
\nFollow us on Twitter @coromining1<\/p>\n

This news release includes certain \u201cforward-looking statements\u201d under applicable Canadian securities legislation. Such forward-looking statements or information, include but are not limited to timing of future results and further programs. Forward-looking statements involve known and unknown risks, uncertainties and other factors which are beyond Marimaca\u2019s ability to predict or control and may cause Marimaca\u2019s actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, the completion of assays and drill rig availability. Such forward-looking statements are also based on a number of assumptions which may prove to be incorrect, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company\u2019s documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.<\/em><\/p>\n

Accordingly, readers should not place undue reliance on forward-looking statements. Marimaca Copperundertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

– Drilling highlights include 156m @ 0.72%CuT, 172m @ 0.71%CuT and 60m @ 1.61%CuT November 09, 2017 – Marimaca Copper Corp.\u00a0(\u201cCoro\u201d or the \u201cCompany\u201d) (TSX Symbol: COP) is pleased to announce the results of the initial 11 reverse circulation (RC) holes from the recently completed 57-hole, 11,178-metre infill drill program completed at its Marimaca copper […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"period":[117],"class_list":["post-3413","post","type-post","status-publish","format-standard","hentry","category-sin-categorizar","period-117"],"acf":[],"yoast_head":"\nCoro Reports First Infill Drilling Results from its Marimaca Copper Project, Chile - Marimaca<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marimaca.com\/es\/coro-reports-first-infill-drilling-results-from-its-marimaca-copper-project-chile\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coro Reports First Infill Drilling Results from its Marimaca Copper Project, Chile - 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