Coro Announces Appointment of Nelson Mendoza as General Manager of its SCM Berta Operations in Chile
Suite 1280 – 625 Howe St
Vancouver, B.C. V6C 2T6
News Release
August 8, 2017
TSX SYMBOL: COP
www.coromining.com
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Coro Announces Appointment of Nelson Mendoza as General Manager of its SCM
Berta Operations in Chile
- Mr. Mendoza brings 35 years’ plant operations experience to the SCM Berta team in Chile
August 8, 2017, Vancouver, Canada- Coro Mining Corp, (“Coro or the Company”) (TSX:COP) is pleased to
announce the appointment of Mr. Nelson Mendoza to the newly-created role of General Manager of Coro’s
65%-owned SCM Berta operation effective September 4, 2017. Mr. Mendoza comes to Coro with more than 35
years’ experience in the operation of mineral processing plants, 17 years of which was focused on Solvent
Extraction & Electrowinning (SXEW) plants such as the type of plant located at the SCM Berta operation.
Mr. Mendoza earned a Bachelor’s degree in civil metallurgy engineering from the Universidad de Concepcion in
Chile. His broad experience includes operational oversight of SXEW plants, medium and long term strategic
operations planning, budgeting and meeting operational production targets. Most recently, Mr. Mendoza
served as Superintendent of Minera las Cenizas’ Taltal oxide SXEW plant at approximately 400 km south of
Antofagasta which has a production capacity of 8,000 to 12,000 tonnes of copper per year, where he worked
with Coro CEO Luis Tondo. Mr. Mendoza’s experience also includes eight years with Cerro Negro in
progressively more senior operational roles culminating in his role as General Management of Cerro Negro
Mining Company responsible for the management of the company including the fulfilment of its production
programs, development of its medium and long term strategic plans and budgeting for such operations.
“We welcome Nelson to the Coro management team and look forward to reaping the benefits of his vast
operations experience as we move SCM Berta toward commercial copper production and subsequent growth
beyond those levels over the years,” commented Coro CEO Luis Tondo. “Nelson exemplifies the quality and
professionalism Coro is seeking for each of its current operations leading the Company to achieve its medium
term target of 30,000 tonnes of copper production within three to five years from this point. The success of the
Berta operations is an important step in Coro’s overall development and we are confident that Nelson will
contribute to this success.”
About Coro Mining Corp.:
Coro's strategy is to grow a mining business through the discovery, development and operation of "Coro type"
deposits. These are defined as projects at any stage of development, which are well located with respect to
infrastructure and water, have low permitting risk, and have the potential to achieve a short and cost effective
timeline to production. The Company’s preference is for open pit heap leach copper projects, where
minimizing capital investment takes priority over maximizing NPV, where profitability is prioritized over
production rate, and finally, where the likely capital cost is financeable relative to the Company’s market
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capitalization. The Company's assets include the Marimaca development project; its 65% interest in the SCM
Berta company, which includes the Berta and Nora operations and the Llancahue prospect.
For further information:
Contact Naomi Nemeth, VP Communications/IR at +1 (647) 556 1023, +1 (604) 682 5546, Toll free +1 877 702 2676 or
Visit our website site at www.coromining.com
Email us at [email protected]
Follow us on Twitter @coromining1
This news release includes certain "forward -looking statements" under applicable Canadian securities legislation. Such
forward-looking statements or information, include but are not limited to production esti mates. Forward -looking
statements involve known and unknown risks, uncertainties and other factors which are beyond Coro’s ability to predict or
control and may cause Coro’s actual results, performance or achievements to be materially diffe rent from any of its future
results, performance or achievements expressed or implied by forward- looking statements. These risks, uncertainties and
other factors include, but are not limited to, the operation of the Nora Plant, copper price volatility, and changes in debt
and equity markets. Such forward- looking statements are also based on a number of assumptions which may prove to be
incorrect, 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.
Accordingly, readers should not place undue reliance on forward- looking statements. Coro undertakes no obligation to
update publicly or otherwise revise any forward- looking statements contained herein whether as a result of new
information or future events or otherwise, except as may be required by law.