Coral Silver founded in 2011, as a gold and silver mining and development company headquartered in Mexico City. Coral Silver is developing its flag Project the Cobriza Mine which its first modern studies were done by Olagaray and Madero calculating its potential in over 3,750,000 tons. Studies include Buen Paso 1996, FIFOMI, COREMI, two NI43-101, the first was issued in 2003 by Dr. Peter Megaw; the second study was issued in 2008 by Dr. Lawrence Sookchoff, which confirmed the merit of the Cobriza Project for the TSX.