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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]