Coro Mining Corporation (TSX:COP) ("Coro" or the "Company") is pleased to
announce that a second round of drilling is underway on its Berta Property in
Chile. The Company anticipates completing approximately 5,000m of reverse
circulation drilling aimed at testing a number of targets outlined by mapping
and the previously completed Induced Polarization survey as well as further
defining the mineralization intersected in its 2011 drilling campaign. Berta is
located approximately 20km west of the village of Inca de Oro in the III Region
of Chile.


Coro announced the terms for the 100% acquisition of Berta in its news release
of June 13th, 2011, and released encouraging assay results from a 24 hole RC
drilling program completed at the Berta Sur section of the property on September
27th, 2011.


In addition, the Company announces that it has filed on SEDAR the Preliminary
Feasibility Study ("PFS") on the San Jorge Copper Leach Project prepared by
Process and Pipeline Projects S.A. ("Propipe"), based in Santiago, Chile, as
required under NI 43-101. The highlights and details of the Propipe PFS were
disclosed in the Company's news release dated March 5, 2012. There were no
material differences in the mineral resources, mineral reserves or results of
the PFS and the previously issued news release. The PFS is available at
www.sedar.com or on the Company's website at www.coromining.com. The Company
anticipates being able to provide an update on the San Jorge project shortly.


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,
El Desesperado, Chacay, Llancahue, and Celeste copper exploration properties
located in Chile.


About ProPipe S.A.:

ProPipe is a Chilean supplier of consultancy, engineering and project management
services to its customers in the mining process, infrastructure and environment
markets. ProPipe have relevant experience in conceptual and basic design,
preliminary feasibility and feasibilities studies, and detailed engineering for
mining companies in Chile; some of the main clients are BHP Billiton's Minera
Escondida, Antofagasta Minerals's Minera Los Pelambres, Minera El Tesoro, Minera
Esperanza, Minera Las Cenizas and Algorta Norte. The latest Propipe's projects
are Camarones 12,000 ton per year Copper Cathodes plants, Algorta Norte 78 km
Sea Water Pipeline and Minera Escondida Coloso Filter Plant Expansion Project.
ProPipe main office is located in Santiago of Chile, and have more than 100
professionals dedicated to the design and management of engineering projects,
allowing covering efficiently the stages of evaluation, design and
implementation of projects.


For further information please visit the Company's website at www.coromining.com.

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 Company's business
strategy, the prices of copper, construction schedules, operating and capital
budgets, anticipated mineral recoveries, 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,
global economic conditions, changes in prices or demand for commodities
including, in particular, copper, changes in exchange rates, changes in national
or local governments, changes in legislation or regulation or the implementation
or interpretation of laws or regulations, changes in tax rates, timeliness of
government approvals, political or environmental activism, the factual results
of current exploration, development and mining activities, accuracy of resource
and reserve estimates, changes in project parameters as plans continue to be
evaluated, access to skilled personnel, labour relations, costs of labour, costs
and availability of materials and equipment, changes in refining or
transportation costs, as well as those other 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. The
Company does not intend, and does not assume any obligation, to update these
forward-looking statements, except as required by applicable laws. Actual
results may differ materially from those expressed or implied by such
forward-looking statements.
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