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 [...]
Coro Mining Corp. is pleased to announce the results of a further five reverse circulation holes and four diamond drill holes drilled for metallurgical sampling as part of 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 11 infill drill hole results from Marimaca released , Coro has now published [...]
Coro Mining is pleased to announce the results of the initial 11 reverse circulation holes from the recently completed 57-hole, 11,178-metre infill drill program completed at its Marimaca copper project, located 22km east of the port of Mejillones in the II Region of Chile. Previous drill results from Marimaca were released in 2016 and a maiden resource estimate on January 12 2017. "We are very satisfied with the results [...]
Coro Mining, is pleased to announce that it has finalized its agreement to acquire 100% of the La Atomica property from a local Chilean company. The property directly adjoins the Company's Marimaca project to the northwest and both properties are located 22km east of the port of Mejillones in the II Region of Chile. Coro will acquire this property through a wholly-owned local subsidiary. Coro signed a Letter of Intent to [...]
Coro Mining Corp is pleased to announce that it has advanced according to plan on the infill drilling campaign at its Marimaca project, located 22km east of the port of Mejillones in the II Region of Chile, . This program, which is nearing completion, comprises approximately 10,700m metres of reverse circulation drilling for a total of 57 holes using two drill rigs. In addition, a program of approximately 900m metres of [...]
Coro Mining, is pleased to announce that it has signed a binding letter of intent to acquire 100% of the Naguayan property from Compania Minera Naguayan SCM, a local Chilean company. The property comprises a large block of exploitation claims totalling 1,075 hectares located northeast and east of the Company's Marimaca project, which in turn is located 22km east of the port of Mejillones in the II Region of Chile, . Coro [...]
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