Coro Mining Corp. is pleased to report positive final results from test work carried out on a composite sample from the Planta Prat milled leach residue deposit, using proprietary technology developed by a subsidiary of ProPipe SA in Chile. In addition, Coro has paid the $50k option payments for the Marimaca and Planta Prat projects as outlined in our news release dated March 18th, 2015.
Alan Stephens, President and CEO of Coro commented, "We are delighted that the test work has indicated that an 81% recovery of total copper with an acid consumption of 18kg/t is achievable and that ProPipe's technology can resolve the plant's previous operating issues. We now intend to complete our evaluation of the project through resource definition, additional metallurgical test work and an engineering study. Subject to a positive outcome to these studies and availability of financing, our objective is to put Planta Prat back into production as soon as possible. We also look forward to advancing the Marimaca project through the initial drilling stage later this year."