MARI Marimaca Copper Corp

Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce
that it is in discussions with a third party group regarding their potentially
acquiring an interest in the Company's San Jorge project, located in the
province of Mendoza, Argentina. Coro has granted this group an exclusivity
period, ending October 25th 2013, for the completion of their due diligence. The
Company confirms that no binding agreements have been entered into at this time
and that there is no certainty or guarantee that any such binding agreements
will be concluded or that the third party group in question will ultimately
acquire any interest in the San Jorge project.


The updated Environmental Impact Study for the San Jorge Bi-provincial Leach
Project, as described in the Company's news release of July 30th 2012, continues
to be evaluated by the government of the province of Mendoza.


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 Berta, Payen, El Desesperado, Llancahue, and Celeste copper
exploration properties located in Chile, and the advanced San Jorge copper-gold
project, in Argentina. Earlier this year, Coro sold its Chacay property to a
subsidiary of Teck for US$2,500,000 in cash plus a 1.5%NSR.


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 potential sale of an
interest in the Company's San Jorge project and entering into binding agreements
with respect thereto, 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, completion of due diligence,
negotiation of final documentation, receipt of all applicable approvals,
performance of the potential acquirer and access to adequate funds by such
party, 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coro Mining Corp.
Michael Philpot
Executive Vice-President
(604) 682 5546
investor.info@coromining.com
www.coromining.com

Marimaca Copper (TSX:MARI)
Historical Stock Chart
From Jun 2024 to Jul 2024

Marimaca Copper (TSX:MARI)
Historical Stock Chart
From Jul 2023 to Jul 2024