VANCOUVER, BRITISH 
, Sep 27, 2010 (MARKETWIRE via COMTEX News Network) --
CoroMining Corp. ("Coro" or the "Company") (TSX: COP) is pleased to confirmthat the Provincial Government of Mendoza has officially announced thatthe Public Hearing to consider the Company's San Jorge projectEnvironmental Impact Study ("EIS") will be held on October 26th 2010 inUspallata, the nearest town to the project, at 9.00 am local time in theUspallata facilities of National Highway Administration. The PublicHearing is the final step in the consultation process prior to the EISbeing submitted to the Provincial Government for approval, and ifapproved, presented to the Provincial House of Deputies and Senate forratification.
Alan Stephens, President and CEO of Coro commented,"We are pleased that the official date for the Public Hearing has beenpublished and look forward to presenting San Jorge to the people ofMendoza on October 26th."
Coro is fully committed to developingSan Jorge in such a way that no water resources would be affected bycontamination, as required by local and national laws and regulations,and by international best practices. The Company, through itssubsidiary, Minera San Jorge, continues to follow a policy of completetransparency and frankness, and has stressed the economic and employmentbenefits of the project to Argentina, as well as a commitment toexacting industry standards in environmental management, and has invitedcitizen participation in the environmental monitoring of the operation.The Company has demonstrated its commitment to water conservationthrough the proposed use of paste tailings, which minimises water usagethrough recycling. It has committed to train as many local residents aspossible for employment in the future operations at San Jorge.
CORO MINING CORP.
Alan Stephens, President and CEO
About San Jorge:
TheSan Jorge copper-gold project is located in Mendoza, Argentina. TheCompany completed an independent Preliminary Economic Assessment("PEA"), in April 2008 which contemplated production of 39,500 tonnes ofcopper per annum and 39,000 ounces of gold per annum over a 16 yearmine life. The deposit remains open to the west and at depth and using a$2.00 per pound copper and $600 per ounce gold price returned an aftertax NPV of $220 million, with capital of $277 million.
AlanStephens FIMMM, President and CEO of Coro, a geologist with more than33 years of industry experience is the Qualified Person for Coro who hasreviewed and approved the contents of this News Release. In respect ofthe PEA, it should be noted that mineral resources that are not mineralreserves do not have demonstrated economic viability.
About Coro Mining Corp.:
TheCompany was founded with the goal of building a mining company focusedon medium-sized base and precious metals deposits in Latin America. TheCompany intends to achieve this through the exploration for, andacquisition of, projects that can be developed and placed intoproduction. Coro's properties include the advanced San Jorge copper-goldproject, in Argentina, and the Chacay, Llancahue and Celeste copperexploration properties located in Chile. The Company also holds9,140,353 shares (a 20.0% interest) in Valley High, which holds theCordero property in Mexico. (www.valleyhighventures.com).
Thisnews release includes certain "forward-looking statements" underapplicable Canadian securities legislation. Such forward-lookingstatements or information, including but not limited to those withrespect to the prices of copper, estimated future production, estimatedcosts of future production, permitting time lines, involve known andunknown risks, uncertainties, and other factors which may cause theactual results, performance or achievements of the Company to bematerially different from any future results, performance orachievements expressed or implied by such forward-looking statements orinformation. Such factors include, among others, the actual prices ofcopper, the factual results of current exploration, development andmining activities, changes in project parameters as plans continue to beevaluated, as well as those factors disclosed in the Company'sdocuments filed from time to time with the securities regulators in theProvinces of British , Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.
Contacts: Coro Mining Corp. Michael Philpot Executive Vice-President(604) 682 5546 investor.info@coromining.com www.coromining.com
SOURCE: Coro Mining Corp.
mailto:investor.info@coromining.com https://www.coromining.com
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