European Marketing Presentation May, 2019 Disclaimer This - - PowerPoint PPT Presentation

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European Marketing Presentation May, 2019 Disclaimer This - - PowerPoint PPT Presentation

European Marketing Presentation May, 2019 Disclaimer This presentation includes certain forward-looking statements securities of Coro about future events and/or financial results which are forward- Mining Corp. The potential target tonnage and


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European Marketing Presentation

May, 2019

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Disclaimer

This presentation includes certain forward-looking statements about future events and/or financial results which are forward- looking in nature and subject to risks and uncertainties. Such forward-looking statements or information, including but not limited to those with respect to the development of the Marimaca project, metal prices, metallurgical results and resource estimates, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements

  • f the Company to be materially different from any future results,

performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements include without limitation, statements regarding the company’s plans, goal or objectives and future completion of mine feasibility studies, mine development programs, capital and

  • perating costs, production, potential mineralization, resources and

reserves, exploration results and future plans and objectives of Coro Mining Corp. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “ continue” or the negative thereof or variations thereon or similar

  • terminology. There can be no assurance that such statements will

prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause results to differ materially from expectations include risks associated with mining generally and pre- development stage projects in particular. The company is an exploration, development & mining company. Many references to resources and other geological and technical information contained herein have not been verified by an independent expert and are either not in accordance with the requirements under National Instrument 43-101 or have not been prepared in accordance with a preliminary or final feasibility study. Potential investors should conduct their own investigations as to the suitability of investing in securities of Coro Mining Corp. The potential target tonnage and grade noted for the Marimaca project are conceptual in nature as there has been insufficient exploration to define mineral resources, and it is uncertain if further exploration will result in these targets being delineated as mineral resources. Unless otherwise indicated, Coro has prepared the technical information in this presentation (“Technical Information”) based on information contained in the technical reports and news releases (collectively the “Disclosure Documents”) available under Coro Mining Corp.’s company profile on SEDAR at www.sedar.com. Each Disclosure Document was prepared by or under the supervision of a qualified person (a “Qualified Person”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101”). For readers to fully understand the information in this presentation, they should read the Technical Reports (available on www.sedar.com) in their entirety, including all qualifications, assumptions and exclusions that relate to the information set out in this presentation which qualifies the Technical Information. Readers are advised that mineral resources that are not mineral reserves do not have demonstrated economic viability. The Disclosure Documents are each intended to be read as a whole, and sections should not be read or relied upon

  • ut of context. The Technical Information is subject to the

assumptions and qualifications contained in the Disclosure

  • Documents. All Dollar amounts in this presentations are US Dollars

unless otherwise stated. Sergio Rivera VP Exploration of Coro Mining Corp, a geologist with more than 35 years of experience is the Qualified Person for the purposes of NI 43-101 and has approved this written disclosure.

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WE WE ARE COR ORO O

Chile Exploration Copper

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THI HIS IS MARIMACA

Geology Resource Location

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Location: Prime jurisdiction

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22km elevation 1,000 meters 25km 27km 60km 16km 40km

Location: Close to infrastructure

population 400,000 population 10,000 14km

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Geology: An overlooked opportunity

MARIMACA

Michilla Mantos Blancos Mantos de la Luna

ANT NTOF OFAGA GASTA MEJI JILL LLONE ONES

Antucoya

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200 m

Hanging Wall alteration

Geology: Surface

Lithology Structures

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Geology: Geochem

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Resource: Land strategy

MARIMACA Owned 51% To 75% with plant +25% tbc LA ATÓMICA Optioned November 2017 $6 million ATAHAULPA & TARSO SIERRA & SORPRESA Acquired September 2018 $6 million CEDRO & OLIMPO Optioned January 2018 $6.5 million 10 LLANOS & MERCEDES Optioned May 2019 $2 million

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Resource: Exploration program

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Marimaca 1-23 La Atómica Atahualpa Tarso Sierra Sorpresa Cedro Olimpo

Mapping & Sampling

NA NA Q3 ’18 Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19

Access & Platforms

Q3 ’18 Q4 ’18 Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19 Q1 ’19

Drilling Starts

Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19 Q2 ’19 Q2 ’19 Q2 ’19

Drilling (holes)

79 63 19 18 12 16 15

Drilling (meters)

18,270 25,500 5,300 4,200 3,000 4,400 4,150

Drilling Results

Q4 ’18 Q2 ’19 Q2 ’19 Q2 ’19 Q2 ’19 Q2 ’19 Q3 ’19

Preliminary Reports

â â â Q2 ’19 Q2 ’19 Q2 ’19 Q3 ’19

Resource Estimate

Phase I

Q2 2018 P

Phase II

Q3’19 (PEA Q1 2020)

Phase III

2020 (Estimated)

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2016-2018 27,500 meters

Phase I

Late 2018 to mid-2019 161 holes / 49,070 meters

Phase II

Planned mid-2019 61 holes / 22,500 meters

Phase III (scout drilling)

Approximate Phase I area

Resource: Expansion

Increased from 121 holes / 29,610 meters

Approximate known Phase II extensions

1 , 4 m 1 , 4 m 12

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Resource: Expanding sections

SE WSW ENE 1,400 m 700 m NW

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Resource: Expanding sections

SE WSW ENE 1,400 m 700 m NW

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Resource: Expanded section (ii)…

1,400 m

Original Marimaca 1-23 resource Extended Marimaca resource

NW SE

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Looking northeast to Marimaca

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Rock walls at Atahualpa

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RC Drilling at La Atómica

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High-grade, parallel fracture controlled chrsyocholla dominated copper oxide mineralization

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Marimaca brochantite

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Growth

Completed Phase I, NI43-101 resource: 76Mt at 0.51% CuT. Consolidated area land package and funded exploration program generating positive expanded Phase II resource growth.

Strength

Strong and supportive international shareholder base with well regarded private equity and institutional

  • shareholders. No debt, warrants or

royalty financing.

Asset

Near surface, open pittable copper

  • xide project, located close to

established infrastructure in northern Chile, a tier-one copper mining jurisdiction.

INV NVEST

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Invest: Corporate overview

Capital Structure

Stock Exchange TSX “COP” Market Cap C$160 million (C$0.11 share price) Shares Out 1,455,388,294 Options Out 51,365,410 Cash US$14.5m (Dec 31, 2018) Debt $0m Shareholders Greenstone 55.6% Tembo 15.7% Mackenzie 5.3% Colin Kinley Independent Chairman Petra Decher Independent Director Tim Petterson Independent Director Michael Haworth Director Alan Stephens Director Luis Tondo Executive Director

Board

Luis Tondo CEO Leonardo Araya CFO Sergio Rivera VP Exploration Nick Bias VP Corporate Development

Management

0,00 0,02 0,04 0,06 0,08 0,10 0,12

  • ene. 19
  • feb. 19
  • mar. 19
  • abr. 19

22

C $

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APPEND NDICES

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Phase I: Marimaca 1-23

Brochantite Chrysocholla Wad

200m

Mineral Zones CuT (%) Block Model Total Resource Summary (NCL 2018)

CuT Range COG Measure & Indicated Inferred Measured, Indicated & Inferred Tonnes (000s) %CuT M Tonnes %CuT %CuS M Tonnes %CuT %CuS M Tonnes %CuT %CuS 0.1 58.6 0.55 0.37 17.3 0.36 0.21 75.9 0.51 0.33 384.6 0.2 46.8 0.65 0.44 11.0 0.48 0.28 57.8 0.62 0.41 357.0 0.3 37.4 0.75 0.52 7.7 0.58 0.34 45.1 0.72 0.49 352.2

200m

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Phase II: La Atómica drilling & underground sampling

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Phase II: La Atómica: Third batch drilling

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Phase II: Atahualpa drilling

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Phase II: Atahualpa northwest southeast section looking northeast

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Phase II: Atahualpa third batch drilling

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[END]