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Coro Mining Releases Marimaca District Exploration Update
Coro said that 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.
Coro Mining (TSX: COP) has released an update at the company’s Marimaca project in the Antofagasta region of Chile.
Coro said that 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.
As highlighted in the press release:
- Results from 27 of the 64 RC drill holes completed, including 9 more holes than originally planned, for 6,530 metres of a total 15,100 metres, drilled on a 100 x100 metre grid. Highlights include:
Hole LAR 44
° From 132 to 176 metres, 44 metres of copper oxide mineralization averaging 0.79 percent copper, including 26 metres, from 150 to 176 metres, averaging 1.49 percent copper.
° From 182 to 228 metres, 46 metres of copper oxide mineralization averaging 1.49 percent copper, including 30 metres, from 198 to 228 metres, averaging 2.16 percent copper.
° From 232 to 258 metres, 26 metres of mixed copper oxide chalcocite mineralization averaging 2.05 percent copper.
Hole LAR 63
° From 42 to 140 metres, 98 metres of copper oxide mineralization averaging 0.63 percent copper.
° From 104 to 130 metres, 26 metres of copper oxide mineralization averaging 1.34 percent copper.
Hole LAR 66
° From 52 to 84 metres s, 32 metres of copper oxide mineralization averaging 0.56 percent copper, including 10 metres, from 62 to 72 metres, averaging 1.28 percent copper.
- A total of 2,648 metres of chip channel samples has been collected from underground workings, averaging 0.66 percent copper, with highlights including:
° 96 metres at 0.49 percent copper
° 46 metres at 0.53 percent copper
° 52 metres at 0.61 percent copper
° 48 metres at 0.92 percent copper
° 26 metres at 1.32 percent copper - Current work suggests total horizontal extension of the outcropping copper oxide mineralization from Marimaca to La Atómica now reaches 800 metres in a north-west direction, however, this could extend further.
- Drilling program was expanded to confirm copper oxide mineralization towards the southwestern part of the La Atómica property, with an additional 9 holes for 2,120 metres have been drilled with assay results pending.
Click here to read the full Coro Mining (TSX:COP) press release.
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