Coro Mining (TSX: COP) has entered in to an option agreement to acquire the Marimaca adjacent and prospective Llanos and Mercedes Claims, thereby expanding the project area towards the northeast and northwest.

With an additional 667ha of prospective ground added to Marimaca Project, COP further consolidates the regional land control.

Surface geological mapping of the new claims suggests the presence of the controlling geological indicators necessary for copper mineralisation as seen at Marimaca, notably dyke swarms, feeder structures and banded fracturing.

“Our confidence in the scale and scope of the Marimaca Project continues to grow and consequently we have taken the logical step of further consolidating our control over the Marimaca district and ground that we consider prospective with this new option agreement covering the Llanos and Mercedes Claims. These areas comprise a selection of claims, in particular the areas flanking the northeast and northwest of the existing project area. The Marimaca project remains on track for the publication of a single and enlarged Phase II resource during the third quarter of 2019 and now, with the possible addition of the Llanos and Mercedes Claims, the potential for a subsequent and enlarged Phase III project,” stated CEO Luis Tondo.

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