Corazon Mining (ASX:CZN) has received the ministerial entry permit, paving the way for drilling at the Top Up Rise iron oxide copper gold project in Western Australia.
The Permit is a pre-requisite for access and drilling to commence at the TUR project and follows the signing of a Mining Exploration Access Agreement with the Traditional Owners of the land last November.
The company is currently conducting a detailed ground gravity survey which will be used to assist in defining drill targets at the project. The gravity survey is expected to be completed by mid-April.
A drill rig has been secured and work programs and approval processes are on track to commence drilling next month.
The TUR project is located in the Gibson Desert region of north-eastern Western Australia and is prospective for large gold-copper intrusive related deposits, similar in style to Olympic Dam, Prominent Hill and Carapateena.
The primary target is an unexplored gravity anomaly, which represents one of the largest amplitude residual gravity anomalies in Australia.
The core of the anomaly is 8 kilometres by 4 kilometres in area, similar in size to the Olympic Dam geophysical anomaly.
Corazon has the right to earn up to 75% equity interest in Border Exploration, owners of 100% equity in the TUR Project.
Corazon is well funded to conduct the planned exploration programme having raised over $3.5 million via a placement, share purchase plan and placement of SPP shortfall in February.
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