Corazon Mining Ltd (ASX:CZN, OTC:CRZNF) managing director Brett Smith tells Proactive the company has discovered additional nickel-copper-cobalt sulphide deposits during drilling at the Fraser Lake Complex (FLC) within its Lynn Lake Nickel Copper-Cobalt Sulphide Project in Canada.
The discoveries come from a recent two-hole drill program at FLC, about five kilometres south of the historical Lynn Lake Mining Centre. Results confirm that the groundbreaking new geophysical methods used by Corazon are effective in identifying sulphide mineralisation with additional high-priority targets within the geophysical survey test area yet to be drilled.
Corazon plans to drill MTC-1 and MTC-2, two other geophysical anomalies defined by the same 3D ground magnetotelluric (MT) survey, in the next phase of drilling.
This is, however, subject to ground conditions as exploration drilling at Lynn Lake is typically best carried out during winter.
Ground conditions will continue to be monitored so that drilling can occur at the earliest possible time.
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Corazon Mining Ltd
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