Coro Mining Corp. (TSX:COP) announced an updated to its National Instrument 43-101 compliant resource estimate for the Berta copper leach project in Chile.
Coro Mining Corp. (TSX:COP) announced an updated to its National Instrument 43-101 compliant resource estimate for the Berta copper leach project in Chile.
Alan Stephens, President and CEO of Coro commented:
We continue to make excellent progress at Berta, where we have demonstrated a significant increase in in-pit resources, by re-assessing the economic parameters of Berta Sur and by incorporating the Berta Central deposits into the resource model. The updated in-pit resource estimate for the project now stands at 17,604,000t at a grade of 0.37%CuT, equivalent to 64,000t of contained copper, and with a low overall stripping ratio of 0.49:1. The results of the column test work from Berta Central confirm the encouraging results previously obtained from Berta Sur. Coro and ProPipe are currently optimising the development plan for Berta, with the objective of placing it into production at the rate of 5,000-10,000 tonnes per year of copper cathode, as soon as possible.
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