For thousands of other reports visit RSC's Mineral Intellingence Map
Corazon Mining Ltd.
Summary
| Project: | Mt Gilmore | |
|---|---|---|
| Deposit: | Cobalt Ridge | |
| Location: | Australia | |
| Commodities: | Cobalt-Copper-Gold | |
| Date: | 1/17/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-1-2018: Corazon Mining Ltd. announces an Exploration/Drilling Update report for its Cobalt Ridge deposit at the Mt Gilmore project. Drilling results incl. 51.3m @ 0.09% Co, 0.25% Cu from 126.7m. Corazon Mining Limited (ASX: CZN) (Corazon or Company) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Smith (Internal) | |
| ABSTRACT: | Corazon Mining Limited (ASX: CZN) (Corazon or Company) is pleased to provide an update of its activities at the Cobalt Ridge prospect (Cobalt Ridge), located within the Company’s Mt Gilmore Project (Project), New South Wales. Drilling Corazon has now received assay results from the final two holes of its recently completed 18 hole - 3,189m drilling program (2,426m of RC and 763m of core) at Cobalt Ridge. Drill hole MGRCD036, which tested the Main Cobalt Lode, returned significant results of 5m @ 0.53 % Co, 0.16 % Cu, 0.08 g/t Au from 224 m, within a broader zone of 42m @ 0.11% Co (Figure 1). Drilling has highlighted multiple cobalt, copper and gold mineralised trends in what is interpreted by the Company as a long-lived, multiphase alteration and mineralising event. The Main Cobalt Lode has been the primary target of the Company’s current drilling (and much of the historical drilling). This lode is up to 25 metres in true width and contains multiple narrow zones of higher-grade mineralisation. Drill hole MGRC037 tested a structurally complex area proximal to the main lode and did not return significant results. Drilling has identified the Main Cobalt Lode mineralisation to be open in all directions, and there is considerable scope to define extensions to this feature as well as define additional parallel lodes. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report