Interview with Hayden Locke, President & CEO of Marimaca Copper (TSX: MARI)
Our previous interview: https://youtu.be/SZQGNcbYRJA
Marimaca Copper is an exciting TSX-listed copper company which is developing the company’s flagship asset, the Marimaca Copper Project in Chile’s Antofagasta region. It is the only copper discovery globally in the last five years and is a low risk project, with substantial exploration potential.
Marimaca Copper has released an announcement showing large high grade extensions below the Marimaca Oxide Deposit. These results from the extensional drilling campaign at the Marimaca Oxide Deposit will change project dynamics significantly.
Following this press release, Marimaca Copper is planning to delay the forthcoming feasibility study as the company starts to plan in-fill drilling. The aim is to expand the resource which could be captured in an updated open pit to show the biggest scale possible with good mine life in the feasibility study. Marimaca Copper plans to release the updated resource by the end of Q1, 2022 and then will start work on the feasibility study.
The Marimaca Copper project is unique in that it has a low capital cost requirement and very competitive cash costs with outstanding returns on invested capital metrics. The project is low risk and could become a mine in a relatively short timeline as it has a clear path to development.
0:00 – Company Overview
00:19 – Recent Progress, Grades & Feasibility Study
03:09 – Exploration Targets, Company Charts & Presentation
06:28 – Copper Company Future & Recommendations
10:51 – Outro
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