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 [...]
Coro Mining Corp. announces that it has entered into a credit agreement with its major shareholder, Greenstone Resources L.P. pursuant to which Greenstone has agreed to advance US$5,000,000 to Coro . Under the terms of the Credit Agreement, the Loan has an eleven month term and bears interest at 12% per annum until June 30, 2018, after which the interest will be increased to 15%. Greenstone will receive a 3% arrangement [...]
Coro Mining is very pleased to announce that it has entered into a promise to purchase and sell agreement with a local Chilean company to acquire a 379 hectare package of mining claims immediately adjoining its Marimaca property to the north and south. The Marimaca project is located 22km east of the port of Mejillones in the II Region of Chile . Coro will acquire the claims for a total cash consideration of US$6,000,000 [...]
Coro Mining is pleased to announce the results of reverse circulation step out drilling completed at its Marimaca copper project, located 22km E of the port of Mejillones in the II Region of Chile, . Results have been received for all 12 RC holes drilled on the La Atomica claim, which adjoins Marimaca to the NW, and for 7 RC scout holes drilled to the NE of the existing resource on the Marimaca claim. Results have also [...]
Coro Mining is pleased to announce that it has submitted the Environmental Impact Declaration for its Marimaca Project Phase 1 and has passed the 5-day admissibility period into the Environmental Impact Evaluation System . Both of these milestones are required for the Marimaca project to be considered to be in good standing by the government such that it may continue to be assessed by the authorities responsible for [...]
Coro Mining is pleased to announce the results of the final 26 reverse circulation holes from the infill drill program completed at its Marimaca copper project, located 22km E of the port of Mejillones in the II Region of Chile. Together with the previously released results from Marimaca , Coro has now published the results of all holes in the program. "These results complete the drilling for an updated Marimaca resource [...]
Coro Mining is pleased to announce that it has finalized its agreement to acquire 100% of the Naguayan property from a local Chilean company. The property comprises a large block of exploitation claims totalling 1,075 hectares located NE and E of the Company's Marimaca project, which in turn is located 22km E of the port of Mejillones in the II Region of Chile . Coro will acquire this property through its wholly-owned [...]
Coro Mining is pleased to announce the results of a further 17 reverse circulation holes from the infill drill program completed at its Marimaca copper project, located 22km E of the port of Mejillones in the II Region of Chile, . Together with the previously released 16 infill drill hole results from Marimaca , Coro has now published the results of 33 of the planned 57-hole infill drill program. Additional results will [...]
