Magnetic Survey Reveals Multiple Large Scale Marimaca Style Targets and New IOCG District Potential

VANCOUVER, British Columbia, Sept. 23, 2020 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the results of a high resolution, drone mounted, magnetic survey (the “Survey”) in the district surrounding the Company’s flagship Marimaca Copper Project (“Marimaca” or “the Project”) in Chile. The Survey has identified several large-scale magnetic anomalies which the Company believes are prospective for Marimaca IOCG style deposits. The Company will host a webinar on this release on Monday the 28^th of September 2020 at 11am EST (8am Pacific; 4pm UK). Questions can be submitted through the webinar platform, or via email to [email protected] no later than two hours prior to the scheduled start time.

Webinar link details below:

Highlights

Four large scale magnetic anomalies identified, believed to be prospective for Marimaca style deposits
○ All similar size to or larger than the Marimaca Sulphide Target (175 million m³)