North America Marketing Presentation

June, 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 grade noted for the
looking in nature and subject to risks and uncertainties. Such Marimaca project are conceptual in nature as there has been
forward-looking statements or information, including but not insufficient exploration to define mineral resources, and it is
limited to those with respect to the development of the Marimaca uncertain if further exploration will result in these targets being
project, metal prices, metallurgical results and resource estimates, delineated as mineral resources.
involve known and unknown risks, uncertainties, and other factors
which may cause the actual results, performance or achievements Unless otherwise indicated, Coro has prepared the technical
of the Company to be materially different from any future results, information in this presentation (“Technical Information”) based on
performance or achievements expressed or implied by such information contained in the technical reports and news releases
forward-looking statements or information. Forward-looking (collectively the “Disclosure Documents”) available under Coro
statements include without limitation, statements regarding the Mining Corp.’s company profile on SEDAR at www.sedar.com. Each
company’s plans, goal or objectives and future completion of mine Disclosure Document was prepared by or under the supervision of a
feasibility studies, mine development programs, capital and qualified person (a “Qualified Person”) as defined in National
operating costs, production, potential mineralization, resources and Instrument 43-101 – Standards of Disclosure for Mineral Projects of
reserves, exploration results and future plans and objectives of Coro the Canadian Securities Administrators (“NI 43-101”). For readers to
Mining Corp. Forward-looking statements can generally be fully understand the information in this presentation, they should
identified by the use of forward-looking terminology such as “may”, read the Technical Reports (available on www.sedar.com) in their
“will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “ entirety, including all qualifications, assumptions and exclusions that
continue” or the negative thereof or variations thereon or similar relate to the information set out in this presentation which qualifies
terminology. There can be no assurance that such statements will the Technical Information. Readers are advised that mineral
prove to be accurate and actual results and future events could resources that are not mineral reserves do not have demonstrated
differ materially from those anticipated in such statements. economic viability. The Disclosure Documents are each intended to
Important factors that could cause results to differ materially from be read as a whole, and sections should not be read or relied upon
expectations include risks associated with mining generally and pre- out of context. The Technical Information is subject to the
development stage projects in particular. The company is an assumptions and qualifications contained in the Disclosure
exploration, development & mining company. Many references to Documents. All Dollar amounts in this presentations are US Dollars
resources and other geological and technical information contained unless otherwise stated.
herein have not been verified by an independent expert and are
either not in accordance with the requirements under National Sergio Rivera VP Exploration of Coro Mining Corp, a geologist with
Instrument 43-101 or have not been prepared in accordance with a more than 35 years of experience is the Qualified Person for the
preliminary or final feasibility study. Potential investors should purposes of NI 43-101 and has approved this written disclosure.
conduct their own investigations as to the suitability of investing in
WE ARE CORO

Copper Chile Exploration

THIS IS MARIMACA

Location Geology Resource

Location: Prime jurisdiction
Location: Close to infrastructure

27km

25km
22km
population 10,000

altitude 1,000 metres

16km 14km

40km

60km

population 400,000
Geology: An overlooked opportunity

Mantos de la Luna
Michilla

MEJILLONES
MARIMACA
Mantos Blancos

ANTOFAGASTA
Geology: Surface

Lithology Structures

ion
alterat
g Wall
Hangin

200 m
Geology: Geochem
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

LLANOS & MERCEDES

Optioned
May 2019
$2 million

10
Resource: Exploration program

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

Drilling Results Q4 ’18 Q2 ’19 Q3’19 Q3 ’19 Q3 ’19 Q3 ’19 Q3 ’19

Preliminary Reports â â â Q3 ’19 Q3 ’19 Q3 ’19 Q3 ’19

Phase I Q2 2018 P
Resource Estimate

Phase II Q3’19 (PEA Q1 2020)

Phase III 2020 (Estimated)

11
Resource: Expansion

1,4
Phase III (scout drilling)
00m
Planned mid-2019
61 holes / 22,500 meters

Phase II
Late 2018 to mid-2019
161 holes / 49,070 meters
Increased from
121 holes / 29,610 meters

Phase I
2016-2018
27,500 metres

Approximate Phase I area

Approximate known Phase II extensions
12
Resource: Expanding sections

NW
SE

1,400 m

WSW ENE

700 m 13
Resource: Expanding sections

NW
SE

1,400 m

WSW ENE

700 m 14
Resource: Expanded section (ii)…

Extended Marimaca resource Original Marimaca 1-23 resource

NW
SE

1,400 m

15
Looking northeast to Marimaca
Rock walls at Atahualpa
RC Drilling at La Atómica
High-grade, parallel fracture controlled chrsyocholla
dominated copper oxide mineralization
Marimaca brochantite
 INVEST

Project Growth Corporate

Near surface, open pittable copper Completed Phase I, NI43-101 Strong and supportive international
oxide project, located close to resource: 76Mt at 0.51% CuT. shareholder base with well regarded
established infrastructure in northern Consolidated area land package and private equity and institutional
Chile, a tier-one copper mining funded exploration program shareholders. No debt, warrants or
jurisdiction. generating positive expanded royalty financing.
Phase II resource growth.
Invest:
C $
Corporate overview Capital Structure
Stock Exchange TSX “COP”
0,12 Market Cap C$160 million (C$0.11
share price)
Shares Out 1,455,388,294
Options Out 51,365,410
0,10 Cash US$14.5m (Dec 31, 2018)
Debt $0m
Shareholders Greenstone 55.6%
Tembo 15.7%
0,08
Mackenzie 5.3%
Board

0,06 Colin Kinley Independent

Chairman
Petra Decher Independent Director
Tim Petterson Independent Director
0,04 Michael Haworth Director
Alan Stephens Director
Luis Tondo Executive Director
0,02 Management
Luis Tondo CEO
Leonardo Muñoz CFO
0,00 Sergio Rivera VP Exploration
ene. 19 feb. 19 mar. 19 abr. 19 Nick Bias VP Corporate Development

22
APPENDICES
Phase I: Marimaca 1-23

Mineral Zones CuT (%) Block Model CuT

Range

Chrysocholla

Brochantite
200m Wad 200m

Total Resource Summary (NCL 2018)

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

24
Phase II: La Atómica drilling & underground
sampling

25
Phase II: La Atómica: Third batch drilling

26
Phase II: Atahualpa drilling

27
Phase II: Atahualpa northwest southeast section looking
northeast

28
Phase II: Atahualpa third batch drilling

29
Interpreted higher-grade zones with reference to
Marimaca 1-23 block model location
Atahualpa cross section
Atahualpa long section

NNW SSE
HGZM
HGZA HGZC

OXI

MIX-SEC Marimaca 1-23

TCu Block Model

TCu % PRI

500 m
[END]