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Coro Mining Corp.
Summary
| Project: | Marimaca | |
|---|---|---|
| Deposit: | Marimaca | |
| Location: | Chile | |
| Commodities: | Copper | |
| Date: | 3/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 5-3-2019: Coro Mining Corp. announces an Exploration/Drilling Update report for its Marimaca deposit at the Marimaca project. Drilling results incl. 80m @ 0.51% Cu from 2m. VANCOUVER, British Columbia, March 05, 2019 -- Coro Mining Corp. (“Coro” or the “C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sergio Rivera (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, March 05, 2019 -- Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP) is pleased to announce an update for the Company’s Marimaca Project in the Antofagasta Region of Chile. A further batch of 19 RC holes for 5,650 metres has been completed at Atahualpa, bringing the total to 40 holes for 12,400 metres. The new drill results confirm the northward extension of copper oxide mineralization from that previously defined at Marimaca 1-23 and La Atómica, and importantly, indicating an above 1% CuT core zone located in the previously undrilled southern limit of Atahualpa extending partially to La Atómica and Marimaca 1-23. Commenting on the results, Luis Tondo, CEO of Coro said: “The second batch of drill results at Atahualpa are our best yet from the Marimaca Phase II exploration program, exceeding our own expectations on many fronts. First, the results include the longest intersection published yet for Phase II, with 150 metres at 1.18% copper. Second, we can report our highest-grade Phase II intersection too, with 20 metres at 3.7% copper. And finally, most satisfying of all, we can report an estimated 44% increase in the area of the mineralised zone to an enlarged 1,200 metres northwest to southeast strike length and 600 metres northeast southwest width, and it still remains open to the north and south. The average depth of the oxidation zone is also believed to have increased from 100 to 130 metres.” | |
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