Marimaca Copper CEO Hayden Locke (L) talks to TNM western editor Henry Lazenby.
At a time when most copper tasks are battling hovering capital prices, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide venture in Chile’s Atacama Desert to interrupt the mould with a low capital value of C$285 million ($205m), CEO Hayden Locke mentioned in a latest interview.
“It’s not simply an open-pittable useful resource within the low coastal vary of Chile; it’s a game-changer by way of capital value,” he mentioned in July on the Rule Symposium in Boca Raton, Florida. “Our technical research present this venture main the trade in affordability, one thing few new tasks can declare in immediately’s market.”