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Project: | Marimaca | |
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Deposit: | Marimaca | |
Location: | Chile | |
Commodities: | Copper | |
Date: | 11/9/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 9-11-2017: Coro Mining Corp. announces an Exploration/Drilling Update report for its Marimaca deposit at the Marimaca project. Drilling results incl. 172m @ 0.71% CuT from 24m. November 09, 2017 - Coro Mining Corp. (“Coro” or the “Company”) (TSX Symbol: C | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Sergio Rivera, Alan Stephens (Internal) | |
ABSTRACT: | November 09, 2017 - Coro Mining Corp. (“Coro” or the “Company”) (TSX Symbol: COP) is pleased to announce the results of the initial 11 reverse circulation (RC) 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, (Fig. 1). 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 of this first batch of infill holes, which confirm our expectations from the 2016 drilling,” commented Coro President & CEO Luis Tondo. “Although the program continues to define the leachable copper resource, it was exciting to intersect 60 metres at 1.61% total copper in primary sulphide mineralization at the bottom of hole MAR-60. The remaining holes will be released in meaningful batches over the coming weeks and the rig will now commence the exploration drill program described in our news release of November 2 2017. This infill drilling program will inform the Definitive Feasibility Study being conducted on the Marimaca project, both as a requirement for Coro to earn its 75% of this property and as a means of facilitating the fast tracking of Marimaca to copper production.” Drilling Results Results are shown on Table 1 where %CuT means total copper. Drill hole locations are shown on Fig 2. Collar coordinates are shown on Table 2. Table 1: Intersections | |
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