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Corazon Mining Ltd.
Summary
| Project: | Lynn Lake | |
|---|---|---|
| Deposit: | Lynn Lake | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 1/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-1-2020: Corazon Mining Ltd. announces an Exploration/Drilling Update report for its Lynn Lake deposit at the Lynn Lake project. Drilling results incl. 37.8m @ 1.68% Ni, 0.67% Cu, 0.050% Co from 10.0m. Corazon Mining Limited (ASX: CZN) (Corazon or Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brett Smith (Internal) | |
| ABSTRACT: | Corazon Mining Limited (ASX: CZN) (Corazon or Company) is pleased to announce additional assay results from its latest phase of drilling at its 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project (Lynn Lake or Project) in Manitoba, Canada. Assay results have now been returned for all priority samples from the Company’s drilling program completed in December 2019. Multiple zones of broad, near-surface high-grade mineralisation were intersected in areas surrounding previously mined deposits within the Lynn Lake Mining Centre (Mining Centre), significantly increasing the potential to expand the Project’s already substantial existing resource base. Drilling targeted two historical deposits - the A Orebody and E Orebody (Figure 1) – with seven holes for approximately 1,122 metres of diamond core drilling completed (Tables 2 and 3). Both the A Orebody and E Orebody areas have potential extensions to known mineralisation that have not been historically tested with drilling. These areas provide significant resource expansion potential and will be the subject of ongoing targeted exploration and drilling. Additionally, there are multiple other areas within the Mining Centre, also yet to be drill tested, that may also have the potential for near surface mineralisation surrounding historical underground mining operations. | |
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