Coro provides update on its Berta Operations
Suite 1280 – 625 Howe St
Vancouver, B.C. V6C 2T6
News Release
May 15, 2017
TSX SYMBOL: COP
www.coromining.com
Coro provides update on its Berta Operations
May 15, 2017, Vancouver, Canada- Coro Mining Corp, (“Coro or the Company”) (TSX:COP) is pleased to provide
an update on the development of its 65% owned SCM Berta operations, located in the III Region of Chile. The
production capacity of the Nora solvent extraction-electrowinning (“SXEW”) plant has been expanded from
3,000 tonnes per year of copper cathode (6.6 million lbs) to 4,800 tonnes per year (10.6 million lbs). The
installation of the crusher, agglomerator and heap leach pads at the Berta mine site has been completed and
site ancillary works are nearing completion. Commissioning of the plant is expected to take place shortly and the
operation will then commence ramping up to production of 400 tonnes per month of copper cathode (880,000
lbs).
Alan Stephens, President and CEO commented, “We are pleased to have completed the expansion of the Nora
plant and look forward to commencing full scale leaching at the Berta site shortly. Achieving commercial
production at SCM Berta will be a major milestone in the evolution of Coro and we look forward to building on
this success with our Marimaca project.”
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 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; the Planta Prat project; the Llancahue prospect; and a royalty on the
San Jorge copper-gold project located in Argentina.
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 estimates. 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 different 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
News Release
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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.