Coro Mining Corp. (TSX: COP) has released an update regarding its San Jorge copper gold project in the Province of Mendoza, Argentina. The company has also announced their acquisition of the Celeste copper project from Atna Resources ltd. in the III Region of Chile.
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In regards to the San Jorge Project, the company has confirmed that they plan to make its $2 million option payment to Lumina Copper Corp. and has agreed with Lumina that the payment can be made at any time before June 10, 2010 with no penalty.
The company has also been advised by the Environmental Authority of the Provincial Government of Mendoza that an additional study on further hydrological information on the project must be completed.
The company’s wholly owned Chilean subsidiary, Mineral Cielo Azul Ltda. Has acquired the Celeste Property located 37km northeast of the
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.
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