Corazon Mining Ltd (ASX:CZN) last week revealed it has intersected sulphide mineralisation in the first three holes drilled at its 100%-owned Lynn Lake Nickel-Copper-Cobalt Project in Canada.
All three holes have intersected strong nickel-copper-sulphide mineralisation, including a broad zone, which has been updated to 39.5 metres of sulphide mineralisation (previously 35+ metres).
The 1,200-metre diamond drilling program is testing for near-surface mineralisation, areas on-trend from historical mines, and areas adjacent to existing JORC resources.
Corazon’s recent mining studies at Lynn Lake have predominantly centred on nickel deposits at depths of more than 400 metres below surface.
This work highlighted the potential to define additional resources closer to surface adjacent to Lynn Lake’s historically mined areas, which is the being targeted by this drilling.
Visual results to be confirmed by lab assays
Results to date on the first three holes are based on visual assessment of the sulphide drill core.
Lab analysis of samples from this drilling is not expected to be received until early in 2020.
Sulphides observed are consistent with the Lynn Lake style of mineralisation.
Lynn Lake was a nickel-copper-cobalt mine that operated for 24 years before closure in 1976.