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Benton receives update from Coro on its El Desesperado project
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Monday, 05 Nov 2012
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Benton Capital Corporation announced that Coro Mining Corporation has completed surface exploration and an 8 hole 2,290 meters reverse circulation drilling program at Coro's El Desesperado copper project located 7 kilometers NW of the city of Calama in the II Region of Chile and immediately west of Codelco's Toki Cluster deposits.

The drill program was designed to provide an initial test of an 4 square kilometers prospective area of porphyry copper style alteration and anomalous copper geochemistry resulting from Coro's mapping and sampling program completed earlier this year. This prospective area includes the El D Norte target, where leached cap, porphyry style alteration and anomalous geochemistry have been defined over an area of 1,500m x 700m, partially covered by landslips, extending WSW from the eastern property boundary and encompassing the old Quetena open pit workings.

It also includes the El D Sur target where scattered outcrops of leached cap, porphyry style alteration and anomalous geochemistry, largely covered by overburden, occur over an area of 1,400 x 500 meters. The target extends NNE from the southern property boundary is limited by the property boundary to the east and is open to the north under cover.

A total of 5 RC holes were completed in the El D Norte target and 3 RC holes in the El D Sur several holes did not reach their planned 400m depths due to drilling difficulties caused by the presence of water.

Mr Alan Stephens president and CEO of Coro said that "We are pleased with the progress of our exploration at El Desesperado. All 8 holes intersected porphyry copper style mineralization and alteration over significant widths beneath a leached cap and we look forward to receiving the assay results in due course."

Source - Benton Capital Corporation


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