Marimaca is a Canadian exploration and development company with a focus on exploring and developing new sources of copper situated in Chile. The Company is currently developing the Marimaca Oxide Deposit in the Antofagasta region of Chile.
The Company's projects comprise the Marimaca Copper Project, including the Marimaca Oxide Deposit, and the Sierra de Medina Project, which includes the Pampa Medina and the Madrugador areas.
Following its ASX listing, the Company’s strategy is to continue moving the Marimaca Oxide Deposit towards production by completing the DFS and advancing permitting while assessing the exploration potential of the Marimaca Project and beyond, including the Sierra de Medina Project.
Over time, the Company aims to progress from an explorer, to a developer and ultimately into a producer, subject to the results of its exploration activities, technical studies and availability of appropriate funding.
It is anticipated that MC2 will list on the ASX during March 2025.