Corazon Mining Ltd (ASX:CZN) has begun a new phase of drilling at the Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba Province, Canada.
The drill program will comprise about 2,000 metres of diamond core drilling with the initial focus on three priority targets in close proximity to each other for a total of about 1,000 metres.
Importantly, Corazon’s drilling will target newly identified large, down-hole electromagnetic conductors at the Fraser Lake Complex where previous drilling identified extensive low-grade disseminated nickel-copper-cobalt sulphide mineralisation.
Drill targets
Aerial image displaying interpreted outline of the Fraser Lake Complex Intrusion, drill holes with trace projections.
Corazon’s priority target is DHEM plate 23B, which has been modelled as being at least 287 metres down-dip and 84 metres in strike, with the shape and size of this anomaly very similar to the orebodies previously mined within the Lynn Lake Mining Centre.
Other initial targets are DHEM plate 23A and Target #28, which are on strike along an interpreted north-south fault, defining a trend of interest for approximately 500 metres.
This phase of drilling is expected to be continuous for at least the next two months, with results released as they become available.
About Corazon
Lynn Lake Project - MobileMT Survey
Corazon Mining is developing the Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba, Canada, and the Mt Gilmore Cobalt-Copper-Gold Project in NSW, Australia
In Canada, Corazon has consolidated the entire historical Lynn Lake Nickel Copper Cobalt Mining Centre and is the first company to have control of this vast asset since mine closure in 1976.
The company owns an 80% interest in the Mt Gilmore Copper-Cobalt-Gold Sulphide Project in NSW, which is host to the rare, cobalt dominant sulphide Cobalt Ridge deposit – one of Australia's highest-grade cobalt deposits.