Corazon Mining
Corazon Mining (ASX:CZN) is listed on the Australian Securities Exchange.
See more information about Corazon Mining
Corazon Mining begins drilling priority South Pipe target at Lynn Lake Nickel-Copper-Cobalt Sulphide Project
Corazon Mining Ltd (ASX:CZN) has started drilling the high-priority South Pipe target within the wider Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba, Canada, which may be indicative of a deep-seated intrusive pathway linked to known mineralisation within the Fraser Lake Complex (FLC) further to the south.
South Pipe's magnetic and conductive bodies are the first identified at the FLC and provide geological similarities to what has been observed within the Lynn Lake Mining Centre, around nine kilometres to the northeast.
Results will be released as they become available with preparations also underway to conduct downhole electromagnetic geophysical surveys (EM) on all holes in the program.
The EM surveys are designed to refine targets for follow-up drilling.
"Most significant target"
Managing director Brett Smith said: "We are excited to have commenced drilling at the South Pipe. This target is the most significant target generated by Corazon's recent exploration.
"We will also conduct downhole EM surveys on all holes in the current program, which to date have shown good indications of mineralisation, to help further refine our targets for follow up drilling."
The current drilling is testing several high-priority targets including recently identified geophysical conductors and comprises approximately 1,600 metres of diamond core drilling.
These targets are west of the Fraser Lake Complex (FLC)/Matrix Trend- and also at the South Pipe, more than 2 kilometres to the south with follow-up work depending on results.
Other Corazon Mining news
- Corazon Mining downhole EM identifies multiple nickel-copper sulphide conductors at Lynn Lake Project
2021-04-16 - Corazon Mining higher on revealing nickel-copper sulphides linked to new conductor at Lynn Lake
2021-03-04 - Corazon Mining prepares for next phase after completing drilling program at Lynn Lake Nickel Project
2020-09-03 - Corazon Mining has second hole underway targeting Lynn Lake nickel sulphide discoveries
2020-08-18 - Corazon Mining’ rights offer to fund nickel drilling in Canada as the metal price rises
2020-07-20
