Coro Completes Consolidation of Marimaca Copper District

Coro Mining (TSX:COP) has announced that it has completed the acquisition of the Sierra Miranda claims in northern Chile, a package of concessions adjoining the Marimaca 1-23 claim.

The company said the acquisition of these claims is a major milestone because the combination of the various Marimaca, Sierra Miranda, La Atómica and Naguayan claims completes the consolidation of the greater Marimaca district.

President and CEO of Coro, Luis Tondo said:

“I am pleased to announce that we have now completed the acquisition of the Sierra Miranda claims, and therefore the consolidation of ground that we consider prospective around the original Marimaca claim, to form the greater Marimaca district.  This was the first step in our strategy to realize value at Marimaca and with a further financing in place, we will advance that strategy with a US$10 million resource expansion and exploration drill program to fully understand the potential at this exciting new copper district.”

Click here to read the full Coro Mining (TSX:COP) press release.