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Coro Mining Corp.
Summary
| Project: | Marimaca | |
|---|---|---|
| Deposit: | Atahualpa | |
| Location: | Chile | |
| Commodities: | Copper | |
| Date: | 6/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-6-2019: Coro Mining Corp. announces an Exploration/Drilling Update report for its Atahualpa deposit at the Marimaca project. Drilling results incl. 126m @ 1.54% Cu from 0m. Vancouver, British Columbia, June 19, 2019 – Coro Mining Corp. (“Coro” or the “ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sergio Rivera (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, June 19, 2019 – Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to provide an update for the Marimaca Project in the Antofagasta Region of Chile. Results have now been received from the final fifth batch of 17 RC holes for 4,300 metres at Atahualpa, identifying new multiple high grade zones as well as primary sulphide mineralisation at depth. Commenting on the results, Luis Tondo, President and CEO said: “We are very excited by these results at Atahualpa. We have discovered new multiple high grade zones within the oxide zone at surface, and for the first time, we are also starting to see fairly continuous higher grade primary sulphide and secondary mineralization open at depth. These results continue to confirm our thesis that Marimaca has the potential to be a large-scale open pittable copper deposit and will now be incorporated in the enlarged project resource estimate, which remains on track for completion during the third quarter 2019.” The final 17 RC holes for 4,300 metres brings the total number of reported RC holes at Atahualpa to 92 for a total 24,816 metres. The original drill program envisaged 51 holes for 12,310 metres being completed by the end of the first quarter 2019; the additional 41 holes and 12,506 have taken extra time and therefore completed during the second quarter. The fifth batch drill holes are illustrated in Figure 1 below. | |
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