Coro Mining Corp. ("Coro" or the "Company") (TSX: COP) is pleased to announce financing terms, which when completed, will be used to fund the acquisition by Coro of the Cerro Negro Copper Mine in Chile.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) - Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce the results of a new resource estimate for the Barreal Seco copper deposit, which is part of its Flores Project, located on the border of Regions II & III in Chile.

Coro Mining Corp.

Coro Mining Corp. ("Coro" or the "Company") (TSX: COP) is pleased to announce the results of diamond drilling and provide an update for the San Jorge Project, in Argentina.