Coro Mining Corp. is pleased to announce an update for the Company’s Marimaca Project in the Antofagasta Region of Chile. A further batch of 19 RC holes for 5,650 metres has been completed at Atahualpa, bringing the total to 40 holes for 12,400 metres. The new drill results confirm the northward extension of copper oxide mineralization from that previously defined at Marimaca 1-23 and La Atómica, and [...]
Coro Mining Corp. is pleased to announce that its subsidiary SCM Berta S.A. , has sold the Berta mining operation and concessions to Santiago Metals Proyecto 4 Limitada, a private Chilean company for total consideration of US$8.5 million. Commenting on the announcement, Luis Tondo, President and CEO of Coro said: “In October last year we announced that we were placing the Berta Mine and Nora Processing Plant on care [...]
Coro Mining Corp. is pleased to announce an update for the Company’s Marimaca Project in the Antofagasta Region of Chile. Sampling of historic underground workings in the Sorpresa area, located approximately 2km to the south of Marimaca, has confirmed the presence of a north-northeast oriented zone of intrusive hosted, copper oxide mineralization measuring at least 350 metres long by 100 metres wide. The limits to [...]
Coro Mining Corp. is pleased to announce that it has entered into an option agreement to acquire a collection of 2% net smelter royalties at the Company’s Marimaca Project, thereby further consolidating its ownership over the project in advance of ongoing exploration results and the anticipated enlarged and integrated Marimaca resource estimate which is on track for completion in the third quarter of 2019. Map [...]
Coro Mining Corp. is pleased to announce an update for the Company’s Marimaca Project in the Antofagasta Region of Chile. The first 21 RC holes totalling 6,750 metres have been drilled at Atahualpa and have confirmed the northward extension of copper oxide mineralization from that previously defined at Marimaca 1-23 and La Atómica. The Marimaca deposit has now been shown to be continuous over a strike length [...]
Coro Mining Corp. is pleased to announce an update at the Company’s Marimaca project in the Antofagasta region of Chile. La Atómica updated drill hole locations La Atómica underground workings location and sampling results La Atómica underground workings and drilling La Atómica underground workings and drilling At La Atómica, the area that was acquired after Marimaca 1-23, drilling [...]
Coro Mining Corp. is pleased to announce further exciting exploration results from its Marimaca project. Results from the sampling of historic underground workings in the Atahualpa area indicate a continuous 800 metre extension of mineralization to the north of the Marimaca 1-23 resource, announced in April 2018. A 17,000 metre RC drilling program has commenced at Atahualpa, increased from the original 12,000 metre plan [...]
Coro Mining Corp. is pleased to provide an update for Company’s Marimaca project in the Antofagasta region of Chile. The first 28 of a planned 52 drill holes at La Atómica, the ground adjacent to the Marimaca 1-23 claim where a resource has already been established, have confirmed the presence of copper oxide mineralization, in addition to the presence of secondary enriched copper sulphide mineralization at [...]
Coro Mining Corp. is pleased to announce the appointment of Tim Petterson to its Board of Directors with immediate effect. Mr Petterson was nominated by Tembo Capital Mining GP, a strategic investor in Coro, as its appointee. Mr Petterson brings additional corporate and commercial strength to the Board due to his solid investment banking experience across the natural resources sector and involvement with Canadian junior [...]
Coro Mining Corp. is pleased to announce the details of its Marimaca Phase II exploration program. This $10.6 million program is expected to run for approximately 12 months with the objective of determining the total mineral resource extension at the properties surrounding Phase I focus area where an initial resource has already been established. In addition, greenfields exploration will be undertaken across the wider [...]
Coro Mining Corp. is pleased to update shareholders that its strategy to focus on its large Marimaca exploration project has taken another step forward following a decision by its owners to place the smaller SCM Berta operation on care and maintenance. The April 2018 strategic review recognised that the Marimaca project presents the greatest opportunity to create value, and therefore the Company committed to reducing its [...]
Coro Mining Corp. is pleased to announce today the successful closing of its rights offering following the expiry of the issued rights on September 20, 2018. The Company issued a total of 671,591,957 common shares in the rights offering for gross proceeds of approximately C$33.6 million. Combined with the non-brokered premium placement for C$13.2 million announced in August, the Company has raised a total of C$46.8 [...]
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