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: | 11/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2017: Corazon Mining Ltd. announces an Exploration/Drilling Update report for its Cobalt Ridge deposit at the Mt Gilmore project. Drilling results incl. 14m @ 0.27% Co, 0.16% Cu, 0.06g/t Au from 44m. Corazon Mining Limited (ASX: CZN) (“Corazon” or “t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Smith (Internal) | |
| ABSTRACT: | Corazon Mining Limited (ASX: CZN) (“Corazon” or “the Company”) is pleased to announce new assay results from its current phase of drilling at the Cobalt Ridge Deposit (“Cobalt Ridge”) within the Mt Gilmore Project (“Project”) in New South Wales. To date, Corazon has completed 15 reverse circulation (RC) holes - six with core extensions (tails) - and one core metallurgical hole of a proposed 21-hole program for approximately 3,300 metres. Results have now been returned for 12 holes, including the metallurgical hole, and have continued to deliver highly encouraging results, with 10 holes intersecting significant mineralisation (see Table 1 for significant intersections reported to date). Results are currently pending for an additional three completed holes which targeted the high- grade Cobalt Ridge Main Lode. These results are expected in the near future, and drilling remains ongoing. The current phase of drilling at Cobalt Ridge commenced on 22 August 2017, and was designed to test priority targets at Cobalt Ridge plus extensions to the Cobalt Ridge Main Lode, and step-out drilling to test new priority targets, including Flintoff and Glamorgan. Drilling has successfully intersected multiple sulphidic lodes in addition to the Cobalt Ridge Main Lode. Results to date continue to expand the defined mineralised area within the Project and validate the Cobalt Ridge exploration model as a potentially high-grade cobalt development asset. | |
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