MARI Marimaca Copper Corp

Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce the
renegotiation of the terms of the final payment due to the underlying owner of
the Berta copper development project, located approximately 20km west of the
village of Inca de Oro, in the III Region of Chile. The project is being
developed by SCM Berta ("SCMB") which is currently 87% owned by Coro and 13% by
its partner, ProPipe, a Chilean engineering company, and ProPipe may increase
its interest to 50% by funding the ongoing development costs, completing a
positive Preliminary Economic Assessment ("PEA") and arranging 100% debt
financing, non-recourse to Coro, for the project. 


Modified Terms

The payment of US$2,500,000 payable by SCMB on June 10th 2014 has been deferred
as follows;




--  US$250,000 payable on August 14 2014 
--  US$2,250,000 payable on August 14 2015. SCMB may elect to pay this
    amount in 8 equal quarterly payments of US$281,250 which will bear
    interest at LIBOR.  



In addition, under the modified terms SCMB is permitted to commence production
at Berta at any time after the August 14 2014 payment.


About Berta

SCMB intends to develop a heap and dump leach operation at Berta and has
negotiated a contract with the owners of a nearby solvent
extraction/electro-winning ("SXEW") plant, whereby they would sell water and
sulphuric acid to SCMB and would purchase pregnant leach solution ("PLS") from
SCMB, for a period of 5 years. 


Development of the project would include the construction by SCMB of a pipeline
between Berta and the third party's processing facilities, as well as a crusher
and heap & dump leach pads at the mine site. Subject to SCMB executing the
contract with the third party, completing a positive PEA, receiving an approved
Environmental Impact Declaration ("EID"), and to obtaining financing for the
project, Berta is anticipated to produce 5,000-10,000 tonnes of cathode copper
per year, contained in PLS.


The EID permitting process is nearing its conclusion and the contract is
currently completing the third party's internal approval process. The
engineering studies are virtually complete and Coro anticipates that the PEA and
the commercial terms agreed with the third party will be released once the
contract is executed. Finally, ProPipe continues discussions with parties
interested in financing the project.


Alan Stephens, FIMMM, President and CEO, of Coro Mining Corp, a geologist with
more than 38 years of experience, and a Qualified Person for the purposes of NI
43-101, is responsible for the contents of this news release.


CORO MINING CORP.

Alan Stephens, President and CEO

About Coro Mining Corp.: 

The Company was founded with the goal of building a mining company focused on
base and precious metals deposits in Latin America. The Company intends to
achieve this through the exploration for, and acquisition of, projects that can
be developed and placed into production in Chile. Coro's properties include the
Berta, Payen, Celeste and Llancahue copper properties in Chile and the advanced
San Jorge copper-gold project, in Argentina.


This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. Such forward-looking statements or information,
including but not limited to those with respect to future transactions involve
known and unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements or information. Such factors include,
among others, the actual prices of copper, the factual results of current
exploration, development and mining activities, changes in project parameters as
plans continue to be evaluated, as well as those factors disclosed in the
Company's documents filed from time to time with the securities regulators in
the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New
Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coro Mining Corp.
Michael Philpot
Executive Vice-President
(604) 682 5546
investor.info@coromining.com
www.coromining.com

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