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Coro Mining Corp.
Summary
| Project: | Marimaca | |
|---|---|---|
| Deposit: | Marimaca | |
| Location: | Chile | |
| Commodities: | Copper | |
| Date: | 11/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 13-11-2018: Coro Mining Corp. announces an Exploration/Drilling Update report for its Marimaca deposit at the Marimaca project. Drilling results incl. 202m @ 0.74% Cu from 0m. VANCOUVER, British Columbia, Nov. 13, 2018 -- Coro Mining Corp. (“Coro” or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sergio Rivera (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Nov. 13, 2018 -- Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) 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 depth. Commenting on the news, Luis Tondo, CEO of Coro said: “Chile is the world’s primary source of mineable copper, however, new near surface discoveries are becoming harder to find and new projects harder to bring on stream. Since we discovered Marimaca in 2016, the project continues to prove itself, and I believe has the potential to be one of the best new open-pittable copper oxide deposits discovered in Chile in recent times. Our Phase I program already established a resource at Marimaca and I am delighted to see that the current Phase II program confirms the potential of mineralization extension on the adjacent La Atómica ground.” Further Information Copper oxide mineralization at La Atómica is hosted by the same intrusive rocks as identified at the Marimaca 1-23 claims. Parallel fracturing is minor as compared with Marimaca, and mineralization is controlled by a north-west system of faults and by a north to north-east oriented dike-swarm of dioritic composition. | |
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