Welcome
Coronet Metals brings together a highly experienced management team and a well-connected Board with a proven history of developing, financing, and operating mining projects in Peru and Latin America. With a focused strategy towards mine development in the short term and an exploration strategy to discover additional mineral resources, Coronet is strongly positioned to generate significant value for its shareholders.
On June 1, 2011 the Company completed the acquisition of a 100% interest in Coronet Metals Peru S.A.C, the owner of the Yanamina Gold Project mining concessions located in Peru. The Yanamina Gold Project is situated 40km north of Barrick Gold’s Pierina (7.5 million oz Au) and 120 km south of Barrick Gold’s Alto Chicama / Laguna Norte (9.1 million oz Au) mines. The Yanamina Gold Project comprises of 6 concessions with 224 hectares at an elevation of 3,500 to 3,700 meters.
In conjunction with the acquisition of the Yanamina Gold Project, the Company closed on a non-brokered private placement of 35,572,010 units amounting to $10,671,603.
Stock Quote
OTCQX: CORMF Bid: 0.061 Ask: 0.077
TSX-V: CRF Bid: 0.065 Ask: 0.070
Price of Gold
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Latest News
Apr 23 - Coronet Completes Social Baseline Study
Dec 28 - Coronet Joins U.S. OTCQX International
Nov 18 - Coronet Signs to Re-Process Gold Tailings
Immediate Focus
1. Advance the Yanamina gold project through to production.
2. Early cash flow generation by acquiring small producing mines in the short-term to drive the company’s aggressive acquisition program, leveraging existing relationships and expertise within mining-friendly Latin American jurisdictions as part of its long term plan to evolve into mid-tier gold producer.







