MARI Marimaca Copper Corp

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Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce
that it has closed the first tranche of its previously announced 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"). 


10,873,246 Units were issued in the first tranche for gross proceeds of the
Company of approximately $1,087,325. Each Unit is 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 until December 20, 2016. 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. 


Cash finder's fees of 6% of the proceeds were paid on a portion of the Private
Placement. The net proceeds of the Private Placement will be used to complete a
diamond drill program at the Company's El Desesperado Property and for general
working capital purposes. All securities issued pursuant to the Private
Placement are subject to a statutory hold period of four months and one day from
the date of issuance.


The Company anticipates closing the second tranche of the Private Placement in
January 2014.


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.


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 second tranche 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 second tranche of the Private Placement, the
ability to complete the second tranche of 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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