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Coronet Metals Inc.

09:55 AM EST - Coronet Metals Inc. : Provide an update on its various initiatives moving the White Caps White Caps Gold Mining Project forward. The Manhattan Mining District is located within the southern part of the Toquima Mountain Range in south central Nevada. The mine is located approximately 50 miles northeast of Tonopah, Nye County, Nevada and13 miles south of the multimillion ounce, Round Mountain gold mine owned and operated by Kinross Gold. Round Mountain boasts 1,470 koz. Gold and 870 koz. Silver of Proven and Probable reserves in 2015. The White Caps' property is located in the eastern portion of the Manhattan Mining District and is directly adjacent to claims owned by Round Mountain. (1) Coronet has been and has actively evaluating data on these claims that were shared with Coronet by Round Mountain. Coronet Metals Inc. shares V.CRF are trading down $0.01 at $0.28.