COPPER 0.00% $2.71 copper futures

Their current resource has 0.42Mt of indicated copper metal.HCH...

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    Their current resource has 0.42Mt of indicated copper metal.
    HCH Cortaderra has twice that amount, and the greater Costa Fuego asset has 2.87Mt contained copper.

    The Marimaca is a oxide resource (green rocks - chrysocolla probably) which is great and low cost, but does not compare to the size of a copper-gold porphry deposit.

    What marimaca has going for it -
    The marimaca C1 cost is $1.25/lb, which is better than the HCH $1.45/lb.
    The grades are higher because its a different ore type (surface oxide vs HCH porphry chalcopyrite sulphides).


    Marimaca is a great asset, but it does not have the size and scale of HCH.
 
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