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 Corporate Profile: Marimaca Copper Corp
    Publisher: Kaiser Research Online
    Author: Copyright 2020 John A Kaiser

 
Marimaca Copper Corp (MARI-T)
Trade DateVolumeHighLowCloseChgStatus
April 15, 202430,800$3.70$3.51$3.70$0.17Trading
KRO Profile - Members OnlyCorporate Web Site Not AvailableTreeExchQuote
Issued
93,174,000
Price
$3.700
Working Capital
$22,505,000
Key People: Hayden Locke (Pres), Jos A. Merino (CFO), Leonardo A. Munoz (CFO), Armando Veliz (CFO), Nicholas Bias (VP CD), Sergio Rivera (VP EX),
Diluted
106,093,292
Insiders
28.7%
As of
12/31/2023
Company supplied Corporate Overview - not available
The free corporate profile serves as a fast gateway for KRO members via the map cards to resources such as the KRO Profile which includes financial, insider and project details as well as news releases and KRO comments for which headline links are provided below. Links to the company's web site and project web pages are available within this free corporate profile if the company has a multi-user corporate membership (they are always available in full member only KRO Profile). A corporate membership provides the company with complete multiple user access to KRO resources and entitles the company to provide a corporate overview for the subject company's unrestricted corporate profile.

Active Project List
ProjectCountryState/ProvRegionNet
Interest
StageIPV $
MM
Target MetalsDeposit StyleTSC
(Project Name has a link to its location in the Members only KRO Profile)
MarimacaChileOtherNorthern Chile75% WI4-Infill & Metallurgy $499Copper
BertaChileOtherNorthern Chile65% TC9-Production $576CopperPorphyry
CelesteChileOtherNorthern Chile100% WI2-Target Drilling $375CopperIOCG
LlancahueChileOtherCentral Chile1.50% NSR3-Discovery Delineation $0Copper Molybdenum SilverPorphyry
Company Project Gateway
Marimaca Project
Company Project Web Page - N/A Chile - Other 75% WI4-Infill & Metallurgy Copper
Berta Project
Company Project Web Page - N/A Chile - Other 65% TC9-Production CopperPorphyry
Celeste Project
Company Project Web Page - N/A Chile - Other 100% WI2-Target Drilling CopperIOCG
Llancahue Project
Company Project Web Page - N/A Chile - Other 1.50% NSR3-Discovery Delineation Copper Molybdenum SilverPorphyry
Company Related KRO Comments
Oct 13, 2016Discovery Watch with HoweStreet.com - 0:24:09
Nov 28, 2014Bottom-Fish Comment: Bottom-Fish Strategy for Benton Capital Corp

Company News Releases - Members Only
Apr 15, 2024Project Development and Exploration Update
Feb 26, 20242024 Regional Exploration Strategy Sierra de Medina
Feb 20, 2024Appoints Solange Gonzlez as General Counsel and Corporate Secretary
Feb 2, 2024GC and CSO Transition
Jan 15, 2024Condemnation Drilling Intersects 30m at 1.0% CuT from 62m in Newly Discovered San Lorenzo Area; Confirms Project Layout
Nov 6, 2023Results from Phase 6 Metallurgical Program
Nov 1, 2023Appoints Giancarlo Bruno Lagomarsino as Non Executive Director
Oct 30, 2023Appoints Ausenco to Lead Marimaca Project Definitive Feasibility Study
Jul 28, 2023Results from Eastern MOD Diamond Exploration Drilling
Jul 12, 2023Closing of C$20 million Strategic Investment by Mitsubishi Corp.
Jun 27, 2023Files Technical Report on Updated Mineral Resource Estimation
Jun 21, 2023C$20 Million Strategic Investment from Mitsubishi Corporation
May 26, 2023Results From Annual General and Special Meeting
May 18, 2023Updated Mineral Resource Estimate for the Marimaca Oxide Deposit
May 8, 2023CFO Transition and Appointment of Managing Director, Chile
Mar 9, 2023Digbee Assessment Continues to Highlight Marimacas Unique ESG Position
Feb 15, 2023Follow Up Work on Sulphide Discovery Hole MAD 22 Identifies Projects First Anomalous Gold and Silver, Rigs Mobilized to Commence Drilling Sulphide Target
Feb 6, 2023Final Results from 2022 Diamond Drilling Program MAD 18 intersects 346m at 0.71% CuT from 4m, Including 90m at 1.22% CuT from 54m
Jan 23, 2023Drilling Intersects Best Results to Date at the Marimaca Oxide Deposit: 308m at 0.94% CuT from 32m including 186m at 1.37% CuT From 154m; 26m at 4.83% CuT from 202m
Dec 22, 2022Marimaca Commences Trading on the OTCQX Market in the U.S.
Dec 15, 2022Primary Sulphide Intercept of 92m at 2.11% CuT from 140m, Including 22m at 5.27% CuT from 204m, within 240m of 1.01% CuT from Surface Combined Oxides and Sulphides
Dec 5, 2022Further Positive Higher Grade Results from Northern MOD Infill Drilling
Dec 1, 2022Exploration Webinar and Live Q&A
Nov 28, 2022Files Technical Report on Updated Mineral Resource Estimation
Nov 21, 2022Oxide Drilling Encounters Higher than Expected Grades at Marimaca North; intersects 30m at 2.18% CuT from 46m, 464m at 0.45% from 4m
Nov 7, 2022Secures Water Option for Life of Mine Seawater Supply
Oct 13, 2022Significant Increase in Mineral Resources at the Marimaca Copper Project
Sep 8, 2022US$15.5 Million Investment from Osisko Gold Royalties
Sep 7, 2022Infill Drilling Results Further Confirming Consistency of Mineralization at the MOD
Aug 22, 2022Appoints Leonardo Hermosilla as Vice President, Projects; Provides Progress Update at the Marimaca Copper Project
Jul 20, 2022Continues to Improve Confidence in the High Grade Core of the MOD: MAR 68 EXT intersects 384m at 0.64% CuT from 2m; ATR 112 Intersects 118m at 0.96% CuT from 4m
Jun 15, 2022Positive Final Results from the Phase 5 Metallurgical Program at the Marimaca Oxide Deposit
Jun 13, 2022Positive Infill Drilling Continues at the Marimaca Oxide Deposit
May 31, 2022Digbee Assessment Confirms Marimacas Strong ESG Position with Launch of New Initiatives
May 26, 2022Results From Annual General and Special Meeting
May 19, 2022Discovery Continues to Grow; MAR 19 Extended returns 420m at 0.54% CuT from Surface
May 10, 2022Infill Drilling Continues to Encounter Higher Grades and Extend Mineralized Envelope at the MOD
Apr 21, 2022Identifies New Targets for District Exploration
Mar 28, 2022Infill Drilling Extends Copper Oxide Mineralization at the MOD
Mar 4, 2022Sale of Non Core Ivan Plant for up to US$17.0 million
Feb 9, 2022Drilling Progressing at the Oxide Deposit; MAMIX campaign expanded
Jan 20, 2022Exploration Targets for Depth Extensions of the MOD and Near Pit Oxide Satellites
Dec 1, 2021Management Changes
Nov 30, 2021Positive Metallurgical Results from Variability Testing Program
Nov 4, 2021Targeting Industry Leading Low Carbon Emissions
Oct 13, 2021Drilling Intersects High Grade Extensions below the Marimaca Oxide Deposit
Sep 8, 2021Makes New Shallow Oxide Copper Discovery at Mercedes
Jul 14, 2021Extends Strike Potential at Cindy
Jul 2, 2021Roble Target Continues to Show Significant Potential
Jun 15, 2021Intersects Significant Near Surface Copper Oxides at Cindy
May 28, 2021Results From Annual General Meeting
May 19, 2021Encouraging Underground Channel Sample Results from the Cindy Target
May 5, 2021Drilling Delivers Significant Extensions to Oxide Deposit
Apr 26, 2021Changes to Board and Senior Management Team
Apr 22, 2021Identifies New Oxide Target at Roble with High Grade Rock Chip Samples
Apr 7, 2021First Drill Hole Intersects Broad Zone of Sulphide Copper Mineralization at Marimaca
Mar 3, 2021Significant IP Anomalies Identified at Mercedes and Cindy Targets
Mar 1, 2021Completes $30.9 Million Non Brokered Private Placement
Feb 22, 2021C$30.9 Million Non Brokered Private Placement
Feb 17, 2021Identifies Large Surface Geochemical Anomaly at Cindy Target
Feb 3, 2021Clive Newall Appointed as Non Executive Director
Feb 2, 2021Significant IP Anomaly Identified at Marimaca Copper Project
Jan 12, 20212021 Exploration Program Starts and Drill Rigs Mobilized
Dec 14, 2020Files Preliminary Base Shelf Prospectus
Dec 9, 2020Identifies Large Surface Geochemical Anomaly at Mercedes Target
Dec 3, 2020Closes C$28.98 Million Overnight Marketed Equity Financing and Clarifies Disclosure
Dec 1, 2020Bulletin 2020 0965; Additional Listing
Nov 25, 2020Receives Final Documentation for Upcoming Drilling Program
Nov 19, 2020Results From Annual General And Special Meeting
Nov 18, 2020Prices C$25 Million Overnight Marketed Equity Financing
Nov 17, 2020Overnight Marketed Equity Financing
Nov 5, 2020Receives Environmental Approval for Upcoming Drilling Program
Oct 14, 2020Exploration Work Underway Ahead of Drilling Program at Marimaca Sulphide and Regional Targets
Sep 28, 2020Live Webinar and Q&A today; Magnetic Survey Reveals Multiple Large Scale Marimaca Style Targets and New IOCG District Potential
Sep 23, 2020Magnetic Survey Reveals Multiple Large Scale Marimaca Style Targets and New IOCG District Potential
Sep 21, 2020Updated NI 43 101 for Marimaca Copper Project
Sep 14, 2020Marimaca Project PEA Presentation, Webinar and Q&A
Sep 9, 2020Live Webinar and Q&A today, Marimaca Project PEA Results: US$524 million post tax real NPV8 and 33.5% IRR
Sep 8, 2020Phase 4 Metallurgical Testing Confirms Recovery Assumptions and Identifies Areas for Optimization and Improvement
Sep 3, 2020Live Webinar and Q&A Marimaca Project PEA Results: US$524 million post tax real NPV8 and 33.5% IRR
Aug 4, 2020Exceptional PEA Results for the Marimaca Project including US$524 million post tax real NPV8 and 33.5% IRR
Jul 20, 2020Appointment of Company President
Jul 14, 2020Exciting Large Scale Target in Sulphide Zone Confirmed by Geophysics at Marimaca
Jul 9, 2020Extension of Option Payment Deadlines for Marimaca Releases Cash for Focus on Local and District Exploration
Jul 2, 2020Conversion of $12 Million Loan at Subsidiary Level
Jun 24, 2020Metallurgical Test Work Indicates Favourable Recoveries and Identifies Areas for Optimization at Marimaca
Jun 8, 2020Updated Exploration Plan Focusing on Exciting Sulphide Potential at Marimaca
Jun 1, 2020Independent Study Confirms Optimal Development Pathway for the Marimaca Copper Project
May 27, 2020Coro Announces Change of Name to Marimaca Copper Corp. & Share Consolidation
May 25, 2020Stock Consolidation and Name Change
May 19, 2020Shareholder Update
May 14, 2020Postponement Of Certain Filings & Reliance On CSA Instrument Governing Relief Under COVID 19
Apr 9, 2020Provides Update On Cease Trade Order
Apr 6, 2020OSC CTO re Coro Mining Corp.
Mar 19, 2020Major Shareholders Extend Working Capital Facility to Continue Support for the Marimaca Project
Feb 24, 2020Results of Scout Drilling Confirm Potential for Near Surface Oxide Deposits to North and South of Marimaca Deposit
Feb 18, 2020Changes to its Board and an Update on Progress for its Flagship Marimaca Copper Project
Dec 30, 2019Greenstone Distributes shares in Coro Mining Corp.
Dec 2, 2019Substantial Increase in Resources; Development Studies Underway
Oct 2, 2019Provides Marimaca Phase II update: Resource Expansion Drilling Completed
Sep 24, 2019Subscription for Shares of Coro Mining Corp.
Jul 31, 2019Northeastwards Continuation of Mineralization at Tarso
Jun 21, 2019Results From Annual General and Special Meeting
Jun 19, 2019Marimaca Exploration Update: New Multiple High Grade Zones and Primary Mineralization Identified at Atahualpa
Jun 6, 2019Marimaca Exploration Update: Additional Atahualpa Drilling Intersects Higher Grade Zones
May 14, 2019Acquisition of Llanos and Mercedes Claims Expand Marimaca Project Area
Apr 11, 2019Marimaca Exploration Update: Additional Drilling Results Confirm Western Extension Of Marimaca Mineralization At La Atomica
Apr 9, 2019Appointment of New CFO
Apr 9, 2019Marimaca Exploration Update: Atahualpa Results Confirm Extension of Strike Length Mineralisation to 1,450 Metres
Mar 5, 2019Marimaca Exploration Update: Atahualpa Results Increase Marimaca Mineralized Zone Area by 44%
Feb 19, 2019Sale of the Berta Mine
Feb 19, 2019Marimaca Exploration Update: Underground Sampling Confirms New Discovery at Sorpresa, 2km to the South of Marimaca
Feb 7, 2019Further Consolidates Ownership at Marimaca with Option Agreement to Acquire Atahualpa Area Royalties
Feb 7, 2019Marimaca Exploration Update: Northwards Continuation of Mineralization Confirmed at Atahualpa
Jan 16, 2019Marimaca District Exploration Update: La Atomica Drilling and Underground Sampling Results Highlighted by 98 metres at 0.63%CuT
Nov 27, 2018Marimaca Exploration Update: Atahualpa Underground Sampling Demonstrates 800 Metre Extension of Marimaca Mineralization
Nov 13, 2018Marimaca Exploration Update: La Atomica Drill Results Confirm Copper Oxide Mineralisation Beyond Marimaca 1 23
Nov 13, 2018Appointment of Independent Director and Board Changes
Nov 1, 2018Marimaca Phase II Exploration Program
Oct 16, 2018Strengthens Focus on Marimaca Project as SCM Berta Operation Placed on Care and Maintenance
Sep 26, 2018Completion of C$33.6 Million Rights Offering Concluding Aggregate C$46.8 Million Comprehensive Financing Plan
Sep 6, 2018Completes Consolidation Of Marimaca District With The Acquisition Of Sierra Miranda Claims
Aug 27, 2018Completes Process to Acquire 51% Ownership of Marimaca Claims, And Announces Drilling has Recommenced at La Atmica
Aug 7, 2018Comprehensive CAD 46.7 million Financing Plan: Completed Private Placement and Launches Sub Guaranteed Rights Offering
Jul 24, 2018Coro Executive Director of Exploration Assumes New Role
Jun 28, 2018Approval Of Environmental Impact Declaration For Marimaca Phase 1 Project
Jun 28, 2018Results From Annual General and Special Meeting
Jun 20, 2018Filing of Amended Material Change Report and Valuation
May 9, 2018Updates For Berta Operation
May 7, 2018Appointment Of Independent Director
Apr 19, 2018Conclusions of Strategic Review
Apr 12, 2018Significantly Increased Resource Estimate for the Marimaca Claim
Apr 11, 2018Management Appointments
Feb 27, 2018$5M Debt Financing & Strategic Review
Jan 22, 2018Positive Results from Step Out Drilling at Marimaca Copper Project, Chile
Jan 22, 2018Agreement to Purchase Claims Adjacent to its Marimaca Copper Project, Chile
Jan 19, 2018The Submission Of The Environmental Impact Declaration For Its Marimaca Project Phase 1, Chile
Jan 17, 2018Remaining Results from Infill Drilling at Marimaca Copper Project, Chile
Jan 9, 2018Signs Definitive Option Agreement on Naguayan Claims, Marimaca District, Chile
Dec 22, 2017Results from Infill Drilling at its Marimaca Copper Project, Chile and Obtains US$3M Debt Financing
Dec 5, 2017Results from Infill and Metallurgical Drilling Programs From its Marimaca Copper Project, Chile
Nov 9, 2017First Infill Drilling Results from its Marimaca Copper Project, Chile
Nov 2, 2017Signs Definitive Option Agreement On La Atomica Claims, Immediately Adjacent To Its Marimaca Property, Chile
Oct 30, 2017Provides Update On Infill Drilling Campaign At Marimaca Project, Chile
Oct 17, 2017Binding Letter Of Intent To Acquire The Naguayan Claim Block Near Coro's Marimaca Property
Oct 16, 2017Subscription For Common Shares Of Coro Mining Corp.
Oct 16, 2017Closes Second Tranche Of Private Placement
Sep 25, 2017Closes First Tranche of Private Placement
Sep 11, 2017CAD$7.3 Million Private Placement
Aug 22, 2017Development Plan for Marimaca with the Initiation of a Definitive Feasibility Study
Aug 22, 2017Provides an Update on its SCM Berta Operation in Chile
Aug 21, 2017Binding Letter of Intent to Acquire Claims Adjacent To Its Marimaca Property, Chile
Aug 8, 2017Appointment of Nelson Mendoza as General Manager of its SCM Berta Operations in Chile
Jul 6, 2017Extends SCM Berta Operation Offtake Agreement for Additional 12 Months
Jun 19, 2017Begins Trucking Pregnant Leach Solution (PLS) From Its Berta Copper Mine To The Nora SXEW Plant
Jun 15, 2017Election of Directors and Voting Results from Annual General Meeting
Jun 12, 2017Appointment of Luis Tondo as President and CEO
Jun 9, 2017Signs Purchase Agreement for Acquisition of Ivan SXEW Plant for Marimaca Project, Chile
May 15, 2017Update On Its Berta Operations
Apr 21, 2017Subscription For Additional Common Shares Of Coro Mining Corp.
Apr 21, 2017Correction Closes Final Tranche Of Private Placement
Apr 20, 2017Closes Final Tranche Of Private Placement
Apr 4, 2017Closes First Tranche Of Private Placement
Apr 3, 2017Closes Tranche Of Private Placement
Mar 24, 2017Greenstone Resources LP Signs Term Sheet To Acquire Common Shares Of Coro Mining Corp
Mar 22, 2017Private Placement
Mar 6, 2017Update For Its Scm Berta Operations
Mar 1, 2017Files Ni 43 101 Report For Marimaca Resource And Provides A Corporate Update
Feb 9, 2017Completes Environmental Baseline Study At Its Marimaca Copper Project In Chile And Provides A Brief Corporate Update
Jan 12, 2017Maiden Resource Estimate For The Marimaca Project
Jan 9, 2017The Appointment Of Naomi Nemeth To The Role Of Vice President, Communications
Dec 14, 2016Private Placement
Dec 5, 2016Update On Its Operations And Projects
Oct 18, 2016Final Drilling Results From Marimaca Highlighted By 192m @ 0.83%cut, 102m @ 0.79%cut And 82m @ 0.83%cut
Oct 4, 2016Coro Drilling At Marimaca Returns More Exciting Intercepts Highlighted By 330m @ 0.80%cut, 236m @ 0.81%cut & 188m @1.06%cut
Sep 16, 2016Retirement Of Co founder And Director
Sep 6, 2016Continues To Intersect Substantial Copper Mineralization At Marimaca Highlighted By 190m @ 0.80%cut & 256m At 0.62%cut
Aug 8, 2016Update For Its Marimaca Project
Aug 4, 2016Signs Letter Of Intent To Acquire Sxew Processing Plant For Marimaca Project
Jul 21, 2016Greenstone Resources L.p. Acquisition Of Common Shares Of Coro Mining Corp.
Jul 20, 2016Completion Of Financing
Jul 8, 2016Second Tranche Financing Update And Partial Closing
Jun 29, 2016Election Of Directors And Results From Annual General And Special Meeting
Jun 13, 2016Greenstone Resources L.p. Acquisition Of Common Shares Of Coro Mining Corp.
Jun 13, 2016Closing Of Ca$3.4 Million First Tranche Financing
May 26, 2016Conversion Of Convertible Debentures And Revised Shareholders' Meeting Date
May 24, 2016Private Placement And Amendment To Conversion Terms Of Outstanding Convertible Debentures
May 18, 2016Subsidiary Options Salvadora Copper Project
May 6, 2016Intersects Further Substantial Copper Mineralization At Marimaca Highlighted By 150m @ 1.13% Cut From Surface
Apr 28, 2016Intersects Substantial Copper Mineralization In First 8 Holes Of Marimaca Drilling
Apr 27, 2016Provides Scm Berta (scmb) Update
Feb 9, 2016Equity Closing And Operational Update
Feb 8, 2016Greenstone Resources L.P. Acquires Common Shares Of Coro Mining Corp.
Nov 30, 2015Greenstone Resources L.p. Subscribes For Us$1.4 Million Second Tranche Of Convertible Debenture Of Coro
Nov 27, 2015Nora Plant Commissioning, Receipt Of Convertible Debenture Tranche 2 Funds & Drill Results
Oct 12, 2015Removed from BCSC Delinquent Filer List - 2015/08/19 OT Filings
Oct 9, 2015BCSC Delinquent Filer 51 Days; Non-Compliance of Technical Disclosur
Oct 9, 2015Filing Compliant Technical Report
Oct 2, 2015BCSC Delinquent Filer 44 Days; Non-Compliance of Technical Disclosur
Sep 25, 2015BCSC Delinquent Filer 37 Days; Non-Compliance of Technical Disclosur
Sep 18, 2015BCSC Delinquent Filer 30 Days; Non-Compliance of Technical Disclosur
Sep 11, 2015BCSC Delinquent Filer 23 Days; Non-Compliance of Technical Disclosur
Sep 4, 2015BCSC Delinquent Filer 16 Days; Non-Compliance of Technical Disclosur
Sep 1, 2015Non Compliant Technical Report
Sep 1, 2015Acquisition Of Nora Sxew Plant
Aug 28, 2015BCSC Delinquent Filer 9 Days; Non-Compliance of Technical Disclosure
Aug 21, 2015BCSC Delinquent Filer 2 Days; Non-Compliance of Technical Disclosure
Aug 19, 2015Responds To Continuous Disclosure Review
Aug 10, 2015Closing Of First Tranche (us$5.1m) Convertible Debenture
Jul 16, 2015Election Of Directors And Results From Annual General And Special Meeting
Jun 16, 2015Conclusions From Updated Pea For Berta & Us$9.0 Million
Apr 13, 2015Final Results Of Test Work For Planta Prat Project
Mar 18, 2015Financing Package For Berta And Disposition Of San Jorge
Dec 22, 2014Term Sheet For Financing The Berta Project And Letter Of Intent For Purchase Of The Nora Plant
Nov 6, 2014Optioning Of Llancahue Property To Minera Penoles De Chile Limitada
Oct 30, 2014Results From Marimaca Project Due Diligence
Oct 24, 2014Signs Definitive Agreement For San Jorge
Oct 23, 2014Approval Of Berta Project Environmental Impact Declaration
Sep 15, 2014Positive Conclusions From Berta Project Preliminary Economic
Sep 8, 2014Results From Its Celeste Sur Iron Ore Project
Sep 3, 2014Debt Financing And Acquisition Of Processing Plant For Development Of The Berta Project
Aug 13, 2014Signs Letter Of Intent To Acquire New Copper Oxide Project
Aug 12, 2014Signs Letter Of Intent To Acquire Small Sxew Plant
Aug 1, 2014Benton Completes Distribution Of Coro Mining Shares Pursuant To Its Plan Of Arrangement
Jul 22, 2014Benton Receives Final Order And Approval For Plan Of Arrangement
Jul 8, 2014Election Of Directors And Results From Annual General And Special Meeting
Jun 10, 2014Update On Berta Project
Apr 22, 2014Provides Projects Update
Apr 14, 2014Benton Proposed Transfer Of Coro Shares To Its Shareholders
Feb 27, 2014Drilling Results From Its El Desesperado Project, Chile
Feb 18, 2014Amends Option Terms On El Desesperado Project, Chile
Jan 22, 2014Closes Second Tranche Of Private Placement Financing
Dec 23, 2013Benton Participates In Coro Mining Private Placement
Dec 20, 2013Closing Of First Tranche Of Private Placement Financing
Dec 12, 2013Private Placement Financing
Dec 9, 2013Coro Signs Binding Heads Of Agreement For San Jorge
Nov 7, 2013Benton Advised that Coro has Filed Environmental Impact Declaration on Berta Project with Plans to Process Solution at Third Party Sxew Plant
Nov 7, 2013Berta Environmental Impact Declaration Submitted Based On Processing Solution At Third Party Sxew Plant
Oct 28, 2013Update On San Jorge
Oct 9, 2013Signs Definitive Agreement With Minera Aurex (chile) Limitada For The Payen Copper gold Porphyry Project
Sep 5, 2013Update On San Jorge

 
 

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