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Marimaca Copper Corp. (ASX:MC2)

ALERT: Price-sensitive ASX Announcement for MC2
Current share price for MC2 : $7.560 -1.01 (-11.79%)+
Announcement
Release
20 May 2026 8:17AM
Price at Release
$8.570
Full Release
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Summary
Marimaca Copper Corp. announced the results of its ongoing 2026 step-out exploration drilling programs at the Pampa Medina deposit. The drilling program, conducted on a 150m interval, aims to demonstrate the continuity and scale of the high-grade manto-type copper-silver mineralization across the initial 3km x 1.5km area of interest. The drilling results validate the consistency of both oxide and sulphide mineralization across the high-grade central zone and demonstrate multiple high-grade, vertically stacked mantos within the sedimentary units. The ongoing exploration continues to expand the mineralized sedimentary horizon, indicating a deposit of district significance, with high confidence in its significant scale and grade potential.
Key Points
  • Marimaca Copper Corp. reports ongoing 2026 step-out exploration drilling results.
  • Drilling at Pampa Medina aims to test continuity of high-grade copper-silver mineralization.
  • Results validate continuity of both oxide and sulphide mineralization.
  • Multiple high-grade, vertically stacked mantos identified within sedimentary units.
  • Drilling continues to expand mineralized sedimentary horizon.
  • Marimaca Copper confident in deposit's district significance and potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.