MARI Marimaca Copper Corp

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce a
non-brokered private placement of up to 22,500,000 units ("Units") at a price of
$0.10 per Unit to raise gross proceeds of up to $2,250,000 (the "Private
Placement"). 


Each Unit will be comprised of one common share of the Company and one half of a
common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant
will entitle the holder to acquire an additional common share of the Company at
an exercise price of $0.15 for a period of three years. The Warrants will be
subject to a forced exercise provision after one year in the event the volume
weighted average trading price of the Company's common shares on the Toronto
Stock Exchange is equal to or above $0.30 for 20 consecutive trading days. 


The Company may pay cash finder's fees of up to 6% of the proceeds on a portion
of the Private Placement. The net proceeds of the Private Placement will be used
to advance the Company's drill program on the El Desesperado Property and for
general working capital. Insiders of the Company may participate in the Private
Placement.


The Company anticipates closing the Private Placement in one or more tranches.
Closing is conditional upon receipt of approval of the Toronto Stock Exchange.
All securities issued pursuant to the Private Placement will be subject to a
statutory hold period of four months and one day from the date of issuance.


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 Berta copper leach project and the Payen, El Desesperado,
Llancahue, and Celeste copper exploration properties, all located in Chile, and
the advanced San Jorge copper-gold project, located in Argentina. Benton Capital
Corp. owns approx. 42% of the Company.


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

Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking
information within the meaning of applicable securities laws. These forward
looking statements relate to future events or the Company's future performance,
business prospects or opportunities including, without limitation, statements
relating to the completion of the Private Placement and the use of the net
proceeds of the Private Placement. The Company believes that the expectations
reflected in such forward looking information are reasonable, but no assurance
can be given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon. These statements
speak only as of the date of this press release. Forward looking information
involves risks and uncertainties which may cause actual results to be materially
different from those expressed or implied by such forward looking information.
Such risk and uncertainties relate to, among other thing, completion of all
conditions to the Private Placement, the ability to complete the Private
Placement and management's discretion to reallocate the net proceeds of the
Private Placement. The Company does not intend, and does not assume any
obligation, to update any forward-looking information except as required by law.



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

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