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Corazon Mining Ltd.
Summary
| Project: | Mt Gilmore | |
|---|---|---|
| Deposit: | Cobalt Ridge | |
| Location: | Australia | |
| Commodities: | Cobalt-Copper-Gold | |
| Date: | 11/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2018: Corazon Mining Ltd. announces an Exploration/Drilling Update report for its Cobalt Ridge deposit at the Mt Gilmore project. Drilling results incl. 9m @ 1.31% Co from 57m. Corazon Mining Limited (ASX: CZN) (Corazon or Company) is pleased to anno | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Smith (Internal) | |
| ABSTRACT: | Corazon Mining Limited (ASX: CZN) (Corazon or Company) is pleased to announce assay results from its recently completed drilling program at the Mt Gilmore Cobalt-Copper-Gold Project (Project) in New South Wales, which was focused on the Main Lode at the Cobalt Ridge Deposit (Cobalt Ridge), a cobalt dominant sulphide deposit. The majority of assay results have been returned from the drilling program that included 21 holes, with 2,233 metres of reverse circulation (RC) and 734.65 metres of core drilling, for a total of 2,967.65 metres. Commenting on the results, Corazon’s Managing Director Brett Smith said; “this drilling has returned exceptional results and has enabled us to gain a much higher-level geological understanding of the deposit. Our ongoing work should enable us to more accurately express the potential of the Cobalt Ridge Deposit, which is our core aim, and we expect to be able to announce more about this in the coming weeks.” Cobalt Ridge remains substantially under-drilled and there is demonstrated potential to define additional areas of mineralisation. The Cobalt Ridge Main Lode remains open in all directions and is only one of numerous parallel mineralised trends, defined by historical workings and broadspaced drilling, that have yet to be targeted with resource definition drilling. The results from this current drilling program have provided Corazon with a very good understanding of the controls on the mineralisation - knowledge that is being used to identify | |
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