Marimaca Copper Cuts Through Discount Conditions Ahead of Project Financing

Marimaca Copper has completed its definitive feasibility study (DFS) on the Marimaca Oxide Deposit (MOD), which gives a post-tax net present value at an 8% discount rate of US$709 million based on a long-term copper price of US$4.30 per pound, with a 31% internal rate of return and a 2.5-year payback period.

The company has already cleared several conditions that contributed to its discount, including the completion of environmental approval granted in 2025 and the possession of cash reserves totaling US$147.2 million as of March 31, 2026, with no debt.

Chief Executive Officer Hayden Locke attributes the remaining discounts to market sentiment and share trading liquidity, stating that 'a lot of the smart money who would like to own our shares are finding it incredibly difficult to buy a meaningful stake.'