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Marimaca sees larger project as it moves to feasibility

Drilling success to expand the Marimaca copper deposit in northern Chile has seen Marimaca Copper plan on a larger project in the feasibility study due towards the end of the year than the 2020 preliminary economic assessment (PEA) envisaged, president and CEO Hayden Locke told Mining Journal.

Paul Harris
Marimaca Copper's Marimaca in Chile

Marimaca Copper's Marimaca in Chile

The PEA outlined annual production of 35,800 tonnes per year of copper cathode over a 12-year mine life with 40,000tpy of production during the first six years following an initial capital cost of US$285...

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