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 [...]
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 [...]
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