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Coro Mining Corp.
Summary
| Project: | Marimaca | |
|---|---|---|
| Deposit: | Marimaca | |
| Location: | Chile | |
| Commodities: | Copper | |
| Date: | 1/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 16-1-2019: Coro Mining Corp. announces an Exploration/Drilling Update report for its Marimaca deposit at the Marimaca project. Drilling results incl. 46m @ 1.49% Cu from 182m. VANCOUVER, British Columbia, Jan. 16, 2019 -- Coro Mining Corp. (“Coro” or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sergio Rivera (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Jan. 16, 2019 -- Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to announce an update at the Company’s Marimaca project in the Antofagasta region of Chile. At La Atómica, the area that was acquired after Marimaca 1-23, drilling has been completed and confirms the continuation of copper oxide mineralization to the northwest. Figure 1 below illustrates the location of the completed Phase I drilling which established the resource at Marimaca 1-23 and the Phase II drill holes at La Atómica. The location of the underground workings at La Atómica is also shown. It is worth noting that due to the designed 100 x 100 metre grid spacing, just a few holes intercepted the underground working area. Included below are tables showing the drill intercepts and a drill hole collar location data (UTM PSAD 56 coordinate system). Figure 1: La Atómica updated drill hole locations Underground workings at La Atómica extend 370 metres from the Marimaca 1-23 resource drill grid and are located 50 to 100 metres from the previously released Atahualpa underground working results. These historic and easily accessible sub-horizontal workings extend over a 200 x 150 metre area in a northsouth direction to a depth of 70 to 100 metres below surface. | |
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