Coro Mining Corporation announced that its 100% owned Chilean subsidiary, Minera Cielo Azul Ltda has acquired subject to regulatory approval, the Celeste Property located 47 kilometers northeast of the port of Chanaral, III Region, Republic of Chile from Atna Coro had previously held the Property under a lease agreement from Atna and completed an exploration program during the period 2006 to 2007.

The terms of the acquisition are as follows
1. Issuance of 150,000 common shares of Coro to Atna
2. Payment of 0.5% Net Smelter Return royalty to Atna starting in the fifth year from Commencement of Commercial Production on the Property
3. Assumption of underlying royalty to Teck Resources, comprising 3% NSR from Commencement of Commercial Production on the Property, reducing to 2% NSR from the fifth year onwards.

Mr Alan Stephens president and CEO of Coro said that "We are pleased to have acquired Celeste on reasonable terms. Previous drilling on the Property indicates that broad zones of structurally controlled, copper sulphide mineralization are present and will be the target for future exploration by the Company."