North America Marketing Presentation April, 2019 Disclaimer This - - PowerPoint PPT Presentation

north america marketing presentation
SMART_READER_LITE
LIVE PREVIEW

North America Marketing Presentation April, 2019 Disclaimer This - - PowerPoint PPT Presentation

North America Marketing Presentation April, 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


slide-1
SLIDE 1

North America Marketing Presentation

April, 2019

slide-2
SLIDE 2

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.

slide-3
SLIDE 3

WE WE ARE COR ORO O

Chile Exploration Copper

slide-4
SLIDE 4

THI HIS IS MARIMACA

Geology Resource Location

slide-5
SLIDE 5

Location: Prime jurisdiction

slide-6
SLIDE 6

22km altitude 1,000 metres 25km 27km 60km 16km 40km

Location: Close to infrastructure

population 400,000 population 10,000 14km

slide-7
SLIDE 7

Geology: An overlooked opportunity

MARIMACA

Michilla Mantos Blancos Mantos de la Luna

ANT NTOF OFAGA GASTA MEJI JILL LLONE ONES

slide-8
SLIDE 8

200 m

Hanging Wall alteration

Geology: Surface

Lithology Structures

slide-9
SLIDE 9

Geology: Geochem

slide-10
SLIDE 10

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

slide-11
SLIDE 11

Resource: Exploration program

Marimaca La Atómica Atahualpa Tarso Sierra Sorpresa Olimpo Cedro Mapping & Sampling

  • 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 (metres)

  • 18,270

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

Drilling Results

  • Q4 ’18

Q1 ’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 Phase II 2H 2019 Phase III Estimated 2020

slide-12
SLIDE 12

2016-2018 27,500 metres

Phase I

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

Phase II

Planned mid-2019 61 holes / 22,500 metres

Phase III (scout drilling)

Approximate Phase I area

Resource: Expansion

Increased from 121 holes / 29,610 metres

Approximate known Phase II extensions

1 , 4 m 1 , 4 m

slide-13
SLIDE 13

Resource: Expanding sections

SE WSW ENE 1,400 m 700 m NW

slide-14
SLIDE 14

Resource: Expanded section (ii)…

1,400 m

Original Marimaca 1-23 resource Extended Marimaca resource

NW SE

slide-15
SLIDE 15

Looking northeast to Marimaca

slide-16
SLIDE 16

Rock walls at Atahualpa

slide-17
SLIDE 17

RC Drilling at La Atómica

slide-18
SLIDE 18

Marimaca brochantite

slide-19
SLIDE 19

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.

Corporate

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

  • shareholders. No debt, warrants or

royalty financing.

Project

Near surface, open pittable copper

  • xide project, located close to

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

INV NVEST

slide-20
SLIDE 20

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 Muñoz CFO Sergio Rivera VP Exploration Nick Bias VP Corporate Development

Management

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

  • ene. 19
  • feb. 19
  • mar. 19
  • abr. 19
slide-21
SLIDE 21

END

APPEND NDICES

slide-22
SLIDE 22

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

slide-23
SLIDE 23

Phase II: La Atómica drilling & underground sampling

slide-24
SLIDE 24

Phase II: La Atómica: Third batch drilling

slide-25
SLIDE 25

Phase II: Atahualpa drilling

slide-26
SLIDE 26

Phase II: Atahualpa northwest southeast section looking northeast

slide-27
SLIDE 27

Phase II: Atahualpa third batch drilling

slide-28
SLIDE 28

[END]