Coro Mining Corp. is pleased to announce that it has completed the acquisition of the Sierra Miranda claims, a package of concessions adjoining the Marimaca 1-23 claim. The acquisition of these claims is a major milestone because the combination of the various Marimaca, Sierra Miranda, La Atómica and Naguayan claims completes the consolidation of the greater Marimaca district. With a comprehensive financing plan [...]
Coro Mining Corp. is pleased to announce that it has now completed the Chilean legal registrations and has title over 51% of the corporate entity holding the Marimaca 1-23 Claims, following the completion of the initial Definitive Feasibility Study, released in June 2018. This marks the first step in ownership over Marimaca. To increase ownership to 75%, the Company intends to exercise its option to acquire an additional [...]
Coro Mining Corp. announces today a CAD 46.7 million financing plan, comprising of a closed premium non-brokered CAD 13.2 million private placement with an entity of the Tembo Capital private equity group and a forthcoming CAD 33.6 million rights offering for which Tembo Capital has agreed to provide a stand-by guarantee. Highlights Total financing package of CAD 46.7 million fully funds Coro for the next 12 months [...]
VANCOUVER, British Columbia, July 24, 2018 -- Coro Mining Corp. announces that Alan Stephens, one of the founders of the Company, will step back from his responsibilities as Executive Director of Exploration effective July 31, 2018. He has accepted the invitation of the Board to become a Non-Executive Director and has also agreed a renewable 12-month consultancy agreement so that his skills and experience can be retained [...]
Coro Mining is pleased to announce that the Environmental Assessment Commission of Antofagasta has approved the Environmental Impact Declaration for the Marimaca Phase 1 Project. Luis Tondo, President and CEO said: “I am pleased that within only 6 months of submitting the Environmental Impact Statement to the authorities it has already been approved. This demonstrates the professionalism and efficiency of the [...]
Coro Mining is pleased to report that all of its incumbent directors were re-elected at its annual general and special meeting of shareholders held in Vancouver, British Columbia, on Wednesday, June 27, 2018 . Below are the detailed results of the votes received by proxy and voted at the Meeting on the election of the Company’s directors. FOR WITHHELD Luis A. Tondo 505,525,814 2,911,251 Alan J. Stephens 456,745,224 [...]
Coro Mining is pleased to announce that the Definitive Feasibility Study completed by Coro as a condition of its earn in to acquire up to a 75% interest in the Marimaca 1-23 Claim, located near Antofagasta, Chile has confirmed the technical and economic viability of developing the Project. The Marimaca 1-23 Claim is part of larger group of properties controlled by Coro in the Marimaca area. Highlights Proven and probable [...]
Coro Mining wishes to announce that SERNAGEOMIN has approved the Berta Sur Mine Pit Phase 1 Technical Project, the equivalent to the official mining permit. In addition, the Coro subsidiary Minera Coro Chile has acquired the remaining 35% of SCM Berta and currently owns 100% of the operation. Berta Sur Pit Mining Permit SCM Berta is a multi-pit operation and the Berta Sur pit is currently the primary mine pit. The Chilean [...]
Coro Mining is pleased to announce the appointment of Petra Decher to its Board of Directors. She will serve as an Independent Director effective immediately. Ms. Decher brings additional finance strength, a strong corporate governance perspective and public reporting expertise to the Board. She has served as the Vice President, Finance and Assistant Secretary for Franco Nevada, as President and Chief Financial Officer [...]
Coro Mining is pleased to announce that it has concluded its strategic review which has identified a funding solution for SCM Berta and a decision to focus its strategy on advancing its flagship Marimaca project. Highlights Coro to focus on its flagship Marimaca project. With the objective of minimising future value dilution for Coro shareholders in relation to Marimaca, future funding for SCM Berta to be raised at the [...]
Coro Mining is pleased to announce a significantly increased resource estimate for its Marimaca claim, located 22 kilometres east of the port of Mejillones in the II Region of Chile. The updated resource estimate will be used to inform the feasibility study that Coro is completing as part of its earn in requirement to acquire a 75% interest in the Marimaca claim, and in turn inform the strategic review of the group asset [...]
Coro Mining is pleased to announce the appointments of Mr. Armando Véliz as CFO, and Mr. Nicholas Bias as VP Corporate Development. These appointments will strengthen the Company's management team with new finance and capital markets skills. CFO Appointment Mr. Armando Véliz brings to Coro over two decades of accounting and financial experience, largely in South America and the mining sector. He has held a [...]
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