08:35 AM EDT, 09/03/2024 (MT Newswires) -- Marimaca Copper ( MARIF ) reported Tuesday additional results from channel sampling completed at the Mercedes satellite target located near the Marimaca oxide deposit in Chile.

Highlights include 298 meters at 0.20% total copper, including 10 meters at 1.38% total copper within a broader zone of 80 meters at 0.41% total copper.

The company said the results confirmed the continuity of surface copper oxide mineralization to the northwest within the Mercedes AOI, which now extends across an area of 700 meters by 500 meters.

"We look forward to commencing the upcoming exploration drilling program at Mercedes following completion of the new road infrastructure," said Sergio Rivera, vice president for exploration at Marimaca Copper ( MARIF ). "Drilling this year will focus on testing to the east of the original Mercedes discovery holes in 2021, where the system appears to be strengthening as supported by the recent surface sampling."