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Coro Mining Corp.

Company Detail

Description

Coro Mining Corp. is a Canadian mining company engaged in the exploration and development of base and precious metal projects in Latin America with a special focus on Chile. Its two main assets are the Marimaca copper oxide project (75%) and the Berta open pit mine and Nora processing plant in northern Chile's Antofagasta Region and Atacama Region respectively. Coro is fast-tracking development of Marimaca and announced an initial mineral resource for the project in January 2017. Meanwhile it is expanding production at its 65%-owned Berta mine. The company's other projects in the country are the Celeste iron ore property, comprising concessions covering 2,800ha in Chañaral, Atacama Region; the copper and molybdenum Llancahue project in Chile's central Maule Region; and a 65% stake in the Prat Plant, a solvent extraction and electrowinning (SXEW) agitation leach plant in Antofagasta Region. In 2015 it sold its interest in the San Jorge copper-gold project in Argentina, while retaining a royalty on all production, except gold. The Vancouver-based firm was incorporated in 2004 and began activities in 2005.

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