Marimaca Copper Corp. (TSX:MARI) Advances Copper Project and Engages Shareholders

Marimaca Copper Corp. (TSX:MARI) is making significant strides in developing its flagship Marimaca Copper Project in Chile, with a focus on a Definitive Feasibility Study and exploration of additional land holdings. The company's recent Annual General Meeting of Shareholders showed strong support, with over half of the shares represented, indicating solid backing for its strategic direction and projects.

- Marimaca Copper Corp. is advancing its Marimaca Copper Project through a Definitive Feasibility Study with Ausenco Chile Ltda.

- The company received strong shareholder support at its Annual General Meeting, with approximately 52.5 million common shares voted.

- Marimaca is expanding its exploration efforts beyond the Marimaca Copper Project to include the Sierra de Medina property block, aiming to increase its copper resources.

Marimaca Copper Corp. (TSX:MARI) is a mining company focused on developing its flagship Marimaca Copper Project in Chile's Antofagasta Region. The company is advancing this project through a Definitive Feasibility Study with Ausenco Chile Ltda. Marimaca is also exploring its extensive land holdings, including the Sierra de Medina property block, to expand its copper resources. During the recent Annual General Meeting of Shareholders, Marimaca Copper Corp. successfully passed all proposed resolutions. Approximately 52.5 million common shares were voted, representing nearly 52% of the company's total issued and outstanding shares.

This level of shareholder engagement indicates strong interest and support for the company's strategic direction and ongoing projects. The Marimaca Copper Project is a key focus for the company, as it aims to become a significant player in the copper mining industry. The Definitive Feasibility Study, conducted in collaboration with Ausenco Chile Ltda., is a critical step in advancing the project towards production.

This study will provide detailed information on the project's economic viability and technical aspects. In addition to the Marimaca Copper Project, the company is actively exploring its other land holdings in the region. The Sierra de Medina property block is one of the areas being explored for potential copper resources. By expanding its exploration efforts, Marimaca aims to increase its resource base and strengthen its position in the copper market.