Marimaca Copper Corp. (ASX: MC2) — Company Overview, News & Financial Data
Marimaca Copper Corp. is a copper exploration and development company focused on advancing near-surface copper projects in northern Chile.
Marimaca Copper Corp.
Marimaca Copper Corp. is a copper exploration and development company focused on advancing near-surface copper projects in northern Chile. The company's primary asset is the Marimaca Oxide Deposit, located in the Antofagasta Region, which is positioned near key infrastructure including transport routes, power grids, and the port of Mejillones. Marimaca Copper Corp. also conducts regional exploration across its broader Sierra de Medina land package, including the high-grade Pampa Medina greenfield discovery and Madrugador targets, aiming to expand its resource base and establish low-cost copper cathode production in an established mining jurisdiction.
Snapshot
Operations
Products and/or services of Marimaca Copper Corp.
- Copper Oxide Mining Development: Open-pit mining development targeting near-surface oxide mineralization in the Antofagasta Region of Chile. Located twenty-five kilometers from port facilities, the asset focuses on low-strip extraction to feed heap leach processing operations.
- Copper Cathode Production: Solvent extraction and electrowinning processing operations designed to convert heap-leached oxide ores into refined high-purity copper cathodes. Processing plans utilize established regional infrastructure, grid power connections, and accessible seawater supply routes.
- Greenfield Exploration Properties: District-scale mineral exploration spanning a 14,500-hectare land package in northern Chile. Drilling programs evaluate both shallow copper oxide targets and deeper copper-silver sulphide mineralization across multiple prospective concessions.
- Satellite Copper Deposit Exploration: Advanced exploration drilling located twenty-eight kilometers east of primary operations, targeting high-grade copper and silver mineralization. Technical programs encompass diamond and reverse-circulation drilling to outline potential feed material for processing.
- Secondary Mineral Concessions: Mineral rights management and target testing across secondary claim blocks in the coastal copper belt. Work programs evaluate historical exploration data and perform geophysical surveys to define additional oxide drill targets.
- Mining Infrastructure Development: Commercial power connection agreements and utility pipeline design to supply grid energy and industrial water to processing facilities. Infrastructure planning leverages nearby commercial highways, deep-water ports, and electrical distribution lines.
Marimaca Copper Corp. executive team
- Hayden Thomas LockeCEO & Director
- Nicolas CooksonPresident
- Sergio L. RiveraVice President of Exploration
- Jose Antonio MerinoManaging Director of Chile
Latest news about Marimaca Copper Corp.
Recent announcements
What Marimaca Copper Corp. (MC2) has told the market, newest first.
- Marimaca October Corporate Presentation
- Marimaca Appoints Peter Garner-Winship as CFO
- Statement of CDIs on issue - MC2
- Marimaca Announces Project Update
Key financials
Reported results for Marimaca Copper Corp., in USD.
- Market cap
- 924.5M
- Revenue (TTM)
- 0
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.4
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 0 | -26.2M | -26.3M | |
| 0 | -11.3M | -13.8M | |
| 0 | -5.9M | -7.1M | |
| 0 | -6.8M | -2.2M |