CORO Mining Corp. - QwikReport

CORO MINING CORP. : http://www.coromining.com/ : QwikReport

Talca

South Central Chile Porphyry (acquiring 100%)

The Company has staked a number of areas in south central Chile, referred to as Talca Belt Prospect Area, based on ASTER imagery and the Phelps Dodge database, which it believes is an under explored extension of the Upper Cretaceous/Lower Tertiary porphyry copper belt identified in the Coastal Cordillera.

Geology and Mineralization

Prospects were staked based on extensive leached sericite-pyrite alteration, with more prospective area exhibiting exposed quartz-sericite & potassic alteration. Targets are Cu/Au primary sulphides, with some enrichment, in traditional quartz-sericite altered porphyries and their associated potassic cores; and in peripheral structural and breccia pipe traps.

The Talca Belt Prospect Area comprise extensive porphyry style alteration zones that have been subjected to first pass reconnaissance sampling by the Company which indicated the presence of anomalous copper geochemistry.

The Llancahue Project is located within the Talca Prospect area. Llancahue hosts an extensive alteration zone, contains a small outcrop of attractive copper sulphide bearing potassically altered, hydrothermal breccia located immediately adjacent to a covered area, and has had a first pass drill program with one intersection,including 100 meters of copper mineralization. (See Llancahue).

These targets are at low elevations, have good road access and no infrastructure constraints. None of the Properties have any previous mining activity, and to the Company's knowledge none of them have been subjected to prior exploration.

Also, within the Talca Belt is the Pocillas project, a low sulphidation epithermal prospect discovered by Cyprus Amax in the early 1990's. Pocillas mineralization is associated with series of mainly NE oriented structures, hosted in rhyolite volcanics, which at their highest elevations were previously exploited for pyrophyllite in a number of small open pits. Cyprus'sampling of the pyrophyllite workings returned low levels of Au, but first pass hand trenching at lower elevations along strike returned peak values of 13m at 2.95 g/t Au including 2m at 12.8g/tAu, 21m at 0.62g/t Au, and 33m at 0.50g/tAu. These results are believed to be reliable, having been sampled and assayed to the standards of the day, but have not been confirmed by Coro, and so should no be relied upon.

What's next?

Seek a Joint Venture partner for Pocillas
Further drilling at Llancahue

Related Releases

	August 11, 2008 Coro Announces Exploration Agreement with Freeport-McMoran Exploration Corp. for its Talca Belt Properties in Central Chile - NR-08-16 August 11, 2008, Coro Mining Corporation ("Coro", or the "Company") (TSX symbol: COP) is pleased to announce that it has entered into an Area Wide Option Agreement ("the Agreement") with Freeport-McMoRan Exploration Corp ("Freeport") for the exploration, and if warranted, the further development of the Company's Talca Belt properties, located in Central Chile. The Properties total approximately 42,300 hectares of claims grouped into 14 Prospect Areas and are 100% owned by Coro; they were ... (8 KB)
	November 05, 2007 Acquisition Of Andrea Copper Gold Prospect And New Claim Positions In South-Central Chile - NR 07-11 November 05, 2007 Coro Mining Corp. ("Coro" or the "Company") (TSX Symbol: COP) is pleased to announce the acquisition of the Andrea Copper Gold Property and the acquisition, by staking, of a number of claim positions in south-central Chile. Andrea Property Andrea is a copper gold prospect, located 19 kilometers northwest of the city of Talca in the VII Region of central Chile. The property was previously explored by two junior mining companies, during the periods 1991 to 1... (10 KB)

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This page was created on Fri Sep 10, 2010 at 1:39:30 PM Pacific Time.