Marimaca Announces Management Changes
01 Décembre 2021 - 1:43PM
Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX:
MARI) announces that, for family reasons, Mr. Luis Tondo will step
down from his role as Chief Operating Officer of the Company. Luis
will continue working with Marimaca Copper as a consultant, focused
on the various ongoing technical workstreams which are underway.
The Company would like to thank Mr. Tondo for his significant
contributions over the last 5 years and wish him well for his
future endeavours.
Hayden Locke, President and CEO of
Marimaca Copper, commented:
“We are very grateful for Luis’ contribution and
leadership over the last 5 years. He has been an integral member of
the team and leaves the Company well positioned having played a
pivotal role in delineating what we believe to be an extremely
compelling copper development project. We are pleased that he will
remain on as a consultant to the Company as we continue the
transition towards becoming a copper producer.
“We continue to make strong progress in the
various development streams for the Project. We are currently
completing the infill drilling campaign for the Marimaca Oxide
Deposit (MOD) and are planning for the infill drilling campaign of
the recently discovered depth extensions (MAMIX), with the goal of
delivering an upgraded Mineral Resource Estimate in the first half
of 2022. We are also in the final stages of the Phase 5
Metallurgical Program which positions the Company well for the
commencement of the Feasibility Study in 2022.”
Contact InformationFor further
information please visit www.marimaca.com or contact:
Tavistock +44 (0) 207 920
3150Jos Simson/Oliver Lamb / Nick
Elwesmarimaca@tavistock.co.uk
Forward Looking Statements
This news release includes certain
“forward-looking statements” under applicable Canadian securities
legislation. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
Forward-looking statements reflect the beliefs, opinions and
projections on the date the statements are made and are based upon
a number of assumptions and estimates that, while considered
reasonable by Marimaca Copper, are inherently subject to
significant business, economic, competitive, political and social
uncertainties and contingencies. Many factors, both known and
unknown, could cause actual results, performance or achievements to
be materially different from the results, performance or
achievements that are or may be expressed or implied by such
forward-looking statements and the parties have made assumptions
and estimates based on or related to many of these factors. Such
factors include, without limitation: risks related to share price
and market conditions, the inherent risks involved in the mining,
exploration and development of mineral properties, the
uncertainties involved in interpreting drilling results and other
geological data, fluctuating metal prices, the possibility of
project delays or cost overruns or unanticipated excessive
operating costs and expenses, uncertainties related to the
necessity of financing, the availability of and costs of financing
needed in the future as well as those factors disclosed in the
annual information form of the Company dated March 29, 2021, the
final short form base prospectus and other filings made by the
Company with the Canadian securities regulatory authorities (which
may be viewed at www.sedar.com). Accordingly, readers should
not place undue reliance on forward-looking statements. Marimaca
Copper undertakes 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.
Neither the Toronto Stock Exchange nor the
Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this
release.
Marimaca Copper (TSX:MARI)
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