Company
Corazon Mining Ltd
ASX:CZN
Corazon Mining Ltd is a dynamic Australian mineral exploration company focused on delivering significant shareholder value through discovery and development of high-quality assets. The company's strategy is centred on systematic exploration of its high-grade Western Australian gold portfolio, complemented by its quality nickel-copper-cobalt assets located in world-class mining jurisdictions.
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Corazon Mining shares surge after intersecting “substantial” sulphide body at Lynn Lake Nickel Project
Success in the first drill hole testing a newly identified pipe-like geophysical anomaly at the priority Fraser Lake Complex.
Corazon Mining embarks on new porphyry copper exploration chapter at Mt Gilmore
Analysis will kick off at the Gordonbrook Hill prospect, where a mineralised porphyry was identified in surface mapping/sampling and drilling.
Corazon Mining intersects nickel and copper sulphide mineralisation at Lynn Lake in Manitoba
The next phase of drill planning is underway, including resource extension drilling at the Lynn Lake Mining Centre.
Corazon Mining makes progress towards potential redevelopment of Lynn Lake in Canada
The company has made significant progress in exploration drilling, metallurgical test-work and defining additional resources within the project area.
Corazon Mining uses innovative studies to identify porphyry copper target at Mt Gilmore
Geochemical studies by the University of Tasmania have uncovered a new target with a signature similar to known large deposits and provide a focus for ongoing exploration in northern NSW.
Corazon Mining hits 107-metre zone of visible nickel and copper sulphides at Lynn Lake in Canada
Extensive nickel and copper has been observed in diamond core at Fraser Lake Complex and this is typical of the low-grade mineralisation from the historical mining centre.
Corazon Mining completes Miriam Nickel Sulphide Project buy
In 1969, Anaconda Australia Ltd discovered the Miriam deposit and conducted most of the known nickel exploration during the late 1960s and early 1970s.
Corazon Mining raises $7.6 million in entitlement offer
Corazon will use the funding runway to accelerate exploration and development at the Lynn Lake Nickel Sulphide Project in Canada.
Corazon Mining begins drilling Lynn Lake nickel sulphide play
The potential for massive sulphide deposits within the extremely mineralised FLC represents a priority exploration focus for Corazon.
Corazon Mining sends drill rig to site as new drilling at Lynn Lake edges closer
The potential for massive sulfide deposits to exist in close association with ultramafic lithologies within the extremely mineralised FLC, is a priority exploration focus for Corazon.
Corazon Mining raising up to A$12.7 million supported by Blackstone Minerals A$2 million placement
Ultimately, Corazon hopes to establish a funding runway that will support exploration and development across its nickel sulphide portfolio in Australia and Canada.
Corazon Mining begins 2022 massive sulphide quest with fresh exploration at Lynn Lake Project
Corazon Mining is exploring a new prospective area in the Lynn Lake Project for massive sulphides, investigating the Fraser Lake 'eye' for mineralisation similar to the Lynn Lake Mining Centre just 5 kilometres away.
Corazon Mining welcomes Delphi lifting stake to 19.99%, validates nickel sulphide strategy
The A$710,000 placement “allows us to commission geophysical surveys at Lynn Lake, which are critical for more detailed target definition and the restart of exploration drilling as soon as practicable in the New Year”, says chairman.
Corazon Mining heartened by prospects of massive sulphides at Fraser Lake Complex in Manitoba
The high-density, yet shallow, Matrix Trend conduit has not been tested by past drilling, and the company is confident that it contains significant mineralisation.
Corazon Mining confirms resource upgrade at Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Canada
This resource upgrade provides further confidence in the potential to develop a long-life, bulk, low-cost mining operation at Lynn Lake.
This week ASIC cracked down on pump and dump schemers, while the ASX could finish it in the green
“What many involved in these chat forums, and indeed most investors don’t understand is that ASIC has sophisticated systems to monitor all trading including any suspicious trading,” Dale Gillham said.
Corazon Mining exercises option to acquire strategic Miriam Nickel Sulphide Project in WA
Corazon has exercised its option to acquire the prospective Miriam Nickel Sulphide deposit, a strategic addition to its already established Lynn Lake Project in Canada where drilling is underway.
Corazon Mining kicks off new phase of drilling at Canadian nickel sulphide project
This phase of drilling is expected to be continuous for at least the next two months, with results released as they become available.
Corazon Mining in trading halt with capital raising announcement pending
The company’s shares will remain in a trading halt until Wednesday, September 15, or when an announcement is released to the market.
Corazon Mining looks to add to nickel sulphide assets through Miriam Project acquisition in Western Australia
The ASX-lister’s latest buy will complement its core asset, the Lynn Lake Nickel Sulphide Project in Canada, and provides the opportunity to further expand its nickel inventory.
Corazon Mining targets large porphyry system as drilling starts at Mt Gilmore Copper-Cobalt-Gold Project
The identification of a copper-bearing diorite porphyry intrusion at Gordonbrook Hill Prospect in 2020 significantly advanced the prospectivity of the Mt Gilmore Project.
Corazon Mining on path towards development with commencement of mining studies at Lynn Lake Nickel Project
With expectations of a rapidly increasing global market for quality Class-1 nickel to meet rising demand from the rechargeable battery sector, the Lynn Lake Project presents an excellent redevelopment opportunity.
Corazon Mining downhole EM identifies multiple nickel-copper sulphide conductors at Lynn Lake Project
The company completed three holes for a total of 1,482 metres, resulting in a successful first-pass test of a new target area west of the Fraser Lake Complex.
Corazon Mining begins drilling priority South Pipe target at Lynn Lake Nickel-Copper-Cobalt Sulphide Project
Preparations are underway for downhole EM surveys on the first two holes of the current drilling program – surveys designed to refine targets for follow-up drilling.
Corazon Mining higher on revealing nickel-copper sulphides linked to new conductor at Lynn Lake
The company has completed the initial hole in its drilling program testing new nickel-copper-cobalt sulphide targets at the Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Canada.
Corazon Mining raises A$2 million in well-supported placement to advance exploration
Funds will be used to expand drilling at Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Canada and first drill testing of the recently identified copper porphyry target at Mt Gilmore Copper-Cobalt-Gold Project in NSW.
Corazon Mining halted with capital raising news upcoming
The company has received all government approvals for drilling the priority South Pipe target, which has a large conductive and magnetic pipe-like feature at the Lynn Lake project in Canada.
Corazon Mining gains regulatory approval to drill high priority South Pipe target
The South Pipe target is a new large conductive and magnetic pipe-like feature located south of the Fraser Lake Complex, on ground recently acquired by the company.
Corazon Mining has new phase of drilling underway at Lynn Lake Nickel-Copper-Cobalt-Sulphide Project in Canada
Drill targets include recently identified, untested geophysical conductors at the Fraser Lake Complex prospect, adjacent to drill-defined nickel-copper-cobalt sulphide mineralisation.
Corazon Mining plans for next phase of drilling at Lynn Lake Project in Canada with drilling targeted to kick off early February
This phase of drilling will target new geophysical conductors identified by the recently completed aerial MobileMT geophysical survey.
Corazon Mining expands Lynn Lake project area with large new conductor target defined
Lynn Lake in Manitoba, Canada, presents a major development opportunity due to recent increases in the value of nickel and cobalt, and a strong outlook associated with the emerging global electric vehicle industry.
Corazon Mining grows confidence in quality of battery metals projects in Canada and Australia
The base metals explorer has discovered several new areas of mineralisation at Lynn Lake using new exploration techniques with a modern understanding of the nickel-copper-cobalt sulphide systems.
Corazon Mining defines new nickel sulphide drill targets at Lynn Lake in Canada
Detailed planning is underway for drilling scheduled to commence by year-end, depending on COVID-19 movement restrictions in Canada.
Corazon Mining defines new nickel-copper sulphide targets at Lynn Lake
Preliminary results from the recently completed 430 line-kilometre MobileMT airborne geophysical at Lynn Lake have identified multiple new priority nickel-copper sulphide targets.
Corazon Mining confirms porphyry potential at Mt Gilmore Project
The company has discovered mineralised diorite porphyry at the Mt Gilmore copper-cobalt-Gold Project in New South Wales and is planning a drill program to test the new prospect.
Corazon Mining prepares for next phase after completing drilling program at Lynn Lake Nickel Project
The company has completed a 430 line-kilometre MobileMT airborne geophysical survey over Lynn Lake to further define targets for drilling.
Corazon Mining has second hole underway targeting Lynn Lake nickel sulphide discoveries
Drilling is underway at a second priority target at Fraser Lake Complex – the Western Contact Zone, which hosts multiple geophysical anomalies.
Corazon Mining directors show confidence in Canadian nickel strategy by participating in entitlement issue
Eligible shareholders had the opportunity to subscribe for one fully paid ordinary share for every five shares held, at an issue price of 0.2 cents per share.
Corazon Mining raises A$1.69 million to advance Lynn Lake Nickel Sulphide Project
“The company is delighted with the high level of support for its capital raising plans from existing shareholders," says chairman.
Corazon Mining resumes drilling priority nickel sulphide target at Lynn Lake in Canada
Subject to results from this hole, Corazon plans to conduct further drilling around this target area at the nickel-copper-cobalt project.
Corazon Mining prepares to resume drilling at Lynn Lake Nickel Project in Canada
The company is testing a compelling new nickel-sulphide target at the Fraser Lake Complex, where drilling was paused in May due to high levels of seasonal surface water.
Corazon Mining extends rights offer to fund nickel drilling in Canada as the metal price rises
Continued growth in the stainless-steel industry and new demand from the emerging rechargeable battery and electric vehicle sectors have increased the demand for nickel.
Corazon Mining raising up to $1.679 million to fund ongoing exploration at Lynn Lake Mining Centre
The company’s recent exploration work in Canada has refined targeting methodologies and these new processes can be easily and quickly applied regionally in the exploration for new deposits.
Corazon Mining in trading halt ahead of capital raising announcement
The Frazer Lake Complex within the Lynn Lake Mining Centre is a mafic intrusive rich in magmatic sulphides, prospective for the discovery of major nickel-copper-cobalt sulphide deposits.
Corazon Mining aims to unlock new nickel sulphide discoveries at Lynn Lake Mining Centre in Canada
The Frazer Lake Complex within the Lynn Lake Mining Centre is a mafic intrusive rich in magmatic sulphides, prospective for the discovery of major nickel-copper-cobalt sulphide deposits.
Corazon Mining director shows support for nickel-copper-cobalt strategy with on-market purchase
The company believes the Lynn Lake Nickel Copper Cobalt Mining Centre in Manitoba, Canada, presents a major development opportunity with large JORC Resources and brown-fields exploration potential.
Corazon Mining drills high-grade nickel, copper and cobalt at Lynn Lake project in Canada
The drilling was successful in defining additional areas of high-grade mineralisation with the potential to add to the project’s significant existing resource base.
Corazon Mining secures key final piece of Canadian battery metals project area
The company has satisfied its obligations to acquire 100% of the Dunlop project area and ownership title is now being transferred.
Corazon Mining commences drilling at Lynn Lake Nickel Sulphide Project
The company believes the Lynn Lake Nickel Copper Cobalt Mining Centre in Manitoba, Canada, presents a major development opportunity with large JORC Resources and brown-fields exploration potential.
Corazon Mining secures $1.1 million in placement to step-up exploration at Lynn Lake in Canada
The company is focused on development of its nickel-copper-cobalt project in Manitoba, one of Canada’s most prolific nickel producing regions.
Corazon Mining in trading halt with capital raising announcement pending
The trading halt will remain in place until Thursday, February 13, or when an announcement is released.
Corazon Mining reviews Lynn Lake Nickel Project ahead of accelerated exploration
The Lynn Lake mining centre has been described as 'one of the best' brownfields exploration plays in North America.
Corazon Mining receives final assays confirming 37.8 metres at 1.68% nickel
Drilling has successfully targeted shallow nickel-copper-cobalt resources at the historical mining area to add to the resource base.
Corazon Mining intersects 21 metres at 2.47% nickel at Lynn Lake
Results highlight the presence of near-surface high-grade nickel-copper mineralisation around Lynn Lake’s existing resources and historical mines.
Corazon Mining responds to ASX query after 67% intra-day rise in share price
The company’s shares closed at 0.4 cents after trading about 67% higher intra-day, at 0.5 cents.
Corazon Mining updates preliminary results for first three holes
Drilling is targeting shallower nickel-copper-cobalt resources at the historical mining area to add to the resource base.
Corazon Mining intersects strong nickel-copper sulphide mineralisation at Lynn Lake in Canada
Results to date are highly encouraging and consistent with the Lynn Lake-style of mineralisation, which historically supported a large-scale nickel mining camp.
Corazon Mining commences next phase of expansion drilling at Lynn Lake
Drilling is targeting shallower nickel-copper-cobalt resources at the historical mining area to add to the resource base.
Corazon Mining upgrades Lynn Lake Nickel-Copper-Cobalt mineral resource estimate to 16.3 million tonnes
The current resource incorporates six deposits at Lynn Lake with multiple other deposits yet to be assessed.
Corazon Mining to test near-surface expansion targets in new drilling at Canadian nickel sulphide project
Several prospective areas have been identified for drill testing, including extensions to historic mines and geophysical targets analogous to known mined mineralisation.
Corazon Mining eyes emerging rechargeable battery sector with nickel, cobalt projects
The recent recovery in the price of nickel has led Corazon to undertake a strategic review of its Lynn Lake Project in Canada.
Corazon Mining appoints leading nickel sector identity Terry Streeter as chairman
The company is raising $1 million by way of a placement to sophisticated and professional investors.
Corazon Mining enters trading halt pending news on board appointment and capital raising
Current exploration at Mt Gilmore is focused on the discovery of a large, concealed sulphide system within newly identified zones of mineralisation.
Corazon Mining defines multiple large geophysical targets at Mt Gilmore
Earlier this month the company increased its interest in the project to 80% after completing $2 million in exploration expenditure within three years.
Corazon Mining raises $500,000 in share purchase plan, managing director and chairman participate
The company has a new phase of exploration underway with ground geophysical surveys testing sulphide bodies at its Mount Gilmore Copper-Cobalt-Gold Project.
Corazon Mining secures 80% earn-in interest at Mount Gilmore Copper-Cobalt-Gold Project
New phase of exploration is underway with ground geophysical surveys testing for sulphide bodies coincident with large surface geochemical anomalies.
Corazon Mining to survey new targets for potential drilling at Mt Gilmore
Current exploration at Mt Gilmore is focused on the discovery of a large, concealed sulphide system within newly identified zones of mineralisation.
Corazon Mining uses new technology to enhance Lynn Lake prospectivity
Magnetic Vector Inversion technique has identified multiple new nickel-copper-cobalt sulphide targets.
Corazon Mining finds at-surface sulphide mineralisation at Mt Gilmore
Fieldwork exploration is aimed at defining priority drill targets.
Corazon Mining's share purchase plan to be partially underwritten by PAC Securities to $500,000
PAC’s participation provides surety for ongoing exploration of copper-cobalt-silver sulphide discoveries at Corazon’s Mt Gilmore project.
Investments and investor services
RIU Sydney Resources Roundup next week focuses on juniors and mid-caps
The event from Tuesday to Thursday will feature more than 70 presentations along with a large exhibition area.
Corazon Mining raising up to $1.35 million for further exploration at Mt Gilmore project
The company is also seeking shareholder approval for the issue of $250,000 worth of shares to increase its interest in the Mt Gilmore project from 51% to 80%.
Corazon Mining in a trading halt with capital raising news imminent
The halt will remain until the start of trading on Wednesday or when an announcement is released.
Investments and investor services
RIU Explorers Conference next week has packed program of presenters
The event will attract “the who’s who of the junior and mid-cap market CEOs” and will have a “bustling exhibition area”.
Corazon Mining delivers “exceptional” test results for Lynn Lake nickel and copper concentrates
The technical breakthrough provides increased options for processing methods and product sale points.