COPPER-GOLD EXPLORATIONS & DEVELOPMENT IN SOUTH AMERICA
Corporate
Latest News
Corporate
Mandate
Coro's business strategy is to identify, secure, and develop medium sized copper and gold projects, located in countries with stable governments and in areas of well-established infrastructure. We look for a minimum eight-year mine life and the potential to generate an ROI of 15% or more. Our ultimate objective is to be a mid-tier producer.
Outlook
San Jorge
Over the past two years our Argentinean team has worked extensively with the people of Mendoza and Uspallata to communicate the merits of the San Jorge project. The project's Environmental Impact Study (EIS) was approved by the Government of Mendoza and the resulting Environmental Impact Declaration (EID) submitted to the Provincial Legislature for ratification in February 2011. On August 24 2011, the Lower House of the Parliament of Mendoza voted against ratifying the EID during the run-up to the provincial elections that will be held on October 23, 2011. We are currently evaluating all of our alternatives for San Jorge including seeking legal redress and compensation.
Chacay
We are proceeding with initial metallurgical testwork on the Nacho zone chalcocite mineralization and plans to conduct resource definition drilling in the near future. A comprehensive petrographical evaluation is also underway to better define the lithological relationships at Chacay.
Berta
We are currently conducting grid geochemistry and a detailed IP survey, aimed at further defining the known mineralized zones as well as exploring other extensive and previously untested areas of similar alteration and mineralization encountered on the property. Upon completion of this work, we intend to conduct additional drilling at Berta.
Other Exploration
We also plan to conduct drilling at the Llancahue and Celeste properties later in the year and are conducting surface exploration at our newly acquired El Tapao prospect. In addition, the Company expects to drill test the newly acquired Berta property. The Company continues to actively seek out new opportunities in Chile.
Our Team
Coro has assembled a board of directors and management team of proven mine-finders and developers with world-wide experience. This group has been selected particularly for its knowledge of, and association with, Latin American mining.
Our Properties
Coro has options to purchase 100% of the San Jorge Project in the province of Mendoza, Argentina; the Berta Project in the III region of Chile; and the El Tapao prospect in the IV Region of Chile. We own a 100% interest in the Chacayand Celeste properties both of which are located in the III Region of Chile; and in the Llancahue property which is located in the VII Region of Chile.
Coro's business strategy is to identify, secure, and develop medium sized copper and gold projects, located in countries with stable governments and in areas of well-established infrastructure. We look for a minimum eight-year mine life and the potential to generate an ROI of 15% or more. Our ultimate objective is to be a mid-tier producer.
Outlook
San Jorge
Over the past two years our Argentinean team has worked extensively with the people of Mendoza and Uspallata to communicate the merits of the San Jorge project. The project's Environmental Impact Study (EIS) was approved by the Government of Mendoza and the resulting Environmental Impact Declaration (EID) submitted to the Provincial Legislature for ratification in February 2011. On August 24 2011, the Lower House of the Parliament of Mendoza voted against ratifying the EID during the run-up to the provincial elections that will be held on October 23, 2011. We are currently evaluating all of our alternatives for San Jorge including seeking legal redress and compensation.
Chacay
We are proceeding with initial metallurgical testwork on the Nacho zone chalcocite mineralization and plans to conduct resource definition drilling in the near future. A comprehensive petrographical evaluation is also underway to better define the lithological relationships at Chacay.
Berta
We are currently conducting grid geochemistry and a detailed IP survey, aimed at further defining the known mineralized zones as well as exploring other extensive and previously untested areas of similar alteration and mineralization encountered on the property. Upon completion of this work, we intend to conduct additional drilling at Berta.
Other Exploration
We also plan to conduct drilling at the Llancahue and Celeste properties later in the year and are conducting surface exploration at our newly acquired El Tapao prospect. In addition, the Company expects to drill test the newly acquired Berta property. The Company continues to actively seek out new opportunities in Chile.
Our Team
Coro has assembled a board of directors and management team of proven mine-finders and developers with world-wide experience. This group has been selected particularly for its knowledge of, and association with, Latin American mining.
Our Properties
Coro has options to purchase 100% of the San Jorge Project in the province of Mendoza, Argentina; the Berta Project in the III region of Chile; and the El Tapao prospect in the IV Region of Chile. We own a 100% interest in the Chacayand Celeste properties both of which are located in the III Region of Chile; and in the Llancahue property which is located in the VII Region of Chile.