Coro Announces Appointment of Sergio Rivera as VP Exploration
November 02 2011 - 2:30PM
Marketwired
Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is very
pleased to announce the appointment of Mr. Sergio Rivera as Vice
President, Exploration. Before taking up this position with Coro,
Mr. Rivera was General Manager of Exploraciones Mineras Andinas
S.A., a wholly owned subsidiary of Codelco, the world's largest
copper producer, where he was responsible for directing all of
Codelco's exploration activities in Chile.
Since joining Codelco in 1994, Mr. Rivera has led or played a
major part in, extremely successful generative exploration programs
that resulted in the discovery of several world class ore deposits,
which cumulatively contain resources of more than 35 million tonnes
of copper. As a result of a reevaluation of the Andina district
from 2004 to 2010, his team discovered the blind La Americana and
Cerro Negro orebodies, each containing more than 5 million tonnes
of copper. In the Chuquicamata district, he played a key role in
the discovery between 1998 and 2002 of the giant Toki Cluster of
porphyry copper deposits, all of which occur under cover.
Greenfields exploration by his group led to the discovery of the
major Inca de Oro porphyry copper and the Casualidad IOCG deposits.
While working for Goldfields in the 1980's, Mr. Rivera was involved
in the discovery and evaluation of the La Coipa epithermal gold and
silver deposit.
A Chilean citizen, Mr. Rivera graduated as a geologist from the
Universidad del Norte, Antofagasta, Chile in 1980 and has a
Master's degree in Economic Geology from the same university. He is
a member of several professional organizations including the
Society of Economic Geologists, and is a Qualified Person for the
purposes of NI 43-101.
Alan Stephens, President and CEO of Coro, commented, "As his
record unequivocally shows, Sergio is one of the best
explorationists around, and I am delighted that he has chosen to
work with Coro as we advance our exploration program in Chile. I am
convinced that his unrivalled knowledge and experience will lead to
the identification of exciting new opportunities for us."
CORO MINING CORP.
Alan Stephens, President and CEO
About Coro Mining Corp.:
The Company was founded with the goal of building a mining
company focused on medium-sized base and precious metals deposits
in Latin America. The Company intends to achieve this through the
exploration for, and acquisition of, projects that can be developed
and placed into production. Coro's properties include the advanced
San Jorge copper-gold project, in Argentina, and the Berta, Chacay,
Llancahue, El Tapao and Celeste copper exploration properties
located in Chile.
This news release includes certain "forward-looking statements"
under applicable Canadian securities legislation. Such
forward-looking statements or information, including but not
limited to those with respect to the prices of copper, estimated
future production, estimated costs of future production, permitting
time lines, involve known and unknown risks, uncertainties, and
other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements or information. Such factors
include, among others, the actual prices of copper, the factual
results of current exploration, development and mining activities,
changes in project parameters as plans continue to be evaluated, as
well as those factors disclosed in the Company's documents filed
from time to time with the securities regulators in the Provinces
of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New
Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and
Labrador.
Contacts: Coro Mining Corp. Michael Philpot Executive
Vice-President (604) 682
5546investor.info@coromining.comwww.coromining.com
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