{"id":3414,"date":"2017-11-02T15:40:01","date_gmt":"2017-11-02T19:40:01","guid":{"rendered":"http:\/\/marimaca.com\/marimaca-copper-signs-definitive-option-agreement-on-la-atomica-claims-immediately-adjacent-to-its-marimaca-property-chile\/"},"modified":"2020-12-17T07:23:05","modified_gmt":"2020-12-17T12:23:05","slug":"marimaca-copper-signs-definitive-option-agreement-on-la-atomica-claims-immediately-adjacent-to-its-marimaca-property-chile","status":"publish","type":"post","link":"https:\/\/marimaca.com\/es\/marimaca-copper-signs-definitive-option-agreement-on-la-atomica-claims-immediately-adjacent-to-its-marimaca-property-chile\/","title":{"rendered":"Marimaca Copper Signs Definitive Option Agreement on La At\u00f3mica Claims, Immediately Adjacent to its Marimaca Property, Chile"},"content":{"rendered":"<p><strong>November 2, 2017, Vancouver, Canada- Marimaca Copper Corp,<\/strong>\u00a0(\u201cMarimaca Copperor the Company\u201d) (TSX:COP) is pleased to announce that it has finalized its agreement to acquire 100% of the La Atomica property from a local Chilean company. The property directly adjoins the Company\u2019s Marimaca project to the northwest and both properties are located 22km east of the port of Mejillones in the II Region of Chile. Marimaca Copperwill acquire this property through a wholly-owned local subsidiary. Marimaca Coppersigned a Letter of Intent to acquire this property in August 2017 (see Marimaca Copperpress release and accompanying figures dated August 21, 2017) for the details of this acquisition.<\/p>\n<p>\u201cAs part of our continuing strategy to consolidate the land positon in the Marimaca district, we are very pleased to have finalized this transaction on the La Atomica claim block,\u201d commented Luis Tondo, President and CEO. \u201cWe are confident that Marimaca-style mineralization is present on our new property, and we are preparing a 25-hole, 6,000 metre reverse circulation (RC) drilling program to explore this. In addition, an 11-hole, 3,000 metre program of RC drilling for the continuing exploration of the Marimaca property itself, will commence shortly.\u201d<\/p>\n<p><strong>About Marimaca Copper Corp.:<\/strong><\/p>\n<p>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<p>For further information:<\/p>\n<p>Contact Naomi Nemeth, VP Communications\/IR at +1 (647) 556\u00a01023, +1 (604) 682\u00a05546, Toll free +1\u00a0877\u00a0702\u00a02676 or\u00a0<a href=\"mailto:nnemeth@coromining.com\">nnemeth@coromining.com<\/a><\/p>\n<p>Visit our website site at\u00a0<a href=\"https:\/\/www.coromining.com\/index.html\">www.coromining.com<\/a><\/p>\n<p>Email us at\u00a0<a href=\"mailto:investor.info@coromining.com\">investor.info@coromining.com<\/a><\/p>\n<p>Follow us on Twitter @coromining1<\/p>\n<p><em>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 drill programs and exploration potential. 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, geological potential and mineralization. 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<p><em>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":"<p>November 2, 2017, Vancouver, Canada- Marimaca Copper Corp,\u00a0(\u201cMarimaca Copperor the Company\u201d) (TSX:COP) is pleased to announce that it has finalized its agreement to acquire 100% of the La Atomica property from a local Chilean company. The property directly adjoins the Company\u2019s Marimaca project to the northwest and both properties are located 22km east of the [&hellip;]<\/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-3414","post","type-post","status-publish","format-standard","hentry","category-sin-categorizar","period-117"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marimaca Copper Signs Definitive Option Agreement on La At\u00f3mica Claims, Immediately Adjacent to its Marimaca Property, 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\/marimaca-copper-signs-definitive-option-agreement-on-la-atomica-claims-immediately-adjacent-to-its-marimaca-property-chile\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marimaca Copper Signs Definitive Option Agreement on La At\u00f3mica Claims, Immediately Adjacent to its Marimaca Property, Chile - Marimaca\" \/>\n<meta property=\"og:description\" content=\"November 2, 2017, Vancouver, Canada- Marimaca Copper Corp,\u00a0(\u201cMarimaca Copperor the Company\u201d) (TSX:COP) is pleased to announce that it has finalized its agreement to acquire 100% of the La Atomica property from a local Chilean company. 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