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Corazon Mining intersects widespread sulphide mineralisation at Lynn Lake

Pending assays will confirm what the visual observations indicate.
diamond drill rig
The company is updating Lynn Lake's JORC 2004 resource to JORC 2012 standards

Corazon Mining Ltd (ASX:CZN) has observed disseminated sulphide mineralisation in recent diamond drilling completed at its Lynn Lake Project in Canada.

Preliminary visual observations indicate the project has good potential to host significant nickel-copper-cobalt sulphide deposits.

The program consisted of five holes for 1,415 metres and samples have now been sent to labs for assaying.

READ: Corazon Mining commences drilling targeting nickel-copper-cobalt

Notably, three holes completed at the Fraser Lake Complex (FLC) intersected widespread sulphide mineralisation.

FLC is a large mineralised system within the project located five kilometres from the Lynn Lake nickel-copper-cobalt mining centre.

The other two holes in the five-hole program were drilled closer to the mining centre.

Visual observations indicate successful drilling campaign

Visual observation of the drill core indicates the disseminated mineralisation is consistent with the outcomes of prior successful drilling at Lynn Lake.

The sulphide mineralisation was widespread and intersected from surface and throughout all holes within the FLC.

These initial results from this phase of drilling are consistent with mineralisation intersected in the 2017 drilling program.

Still searching for the high-grade feeder zones

Importantly, the feeder zone for the FLC mineralisation has not yet been identified.

The feeder zone is thought to contain high-grade economic mineralisation and would be the likely starting point for a future mine.

Exploration at multiple projects ongoing

Corazon has active exploration programs underway at both Lynn Lake and its Mt Gilmore Cobalt-Copper-Gold Project in New South Wales.

Details of upcoming fieldwork at both projects are expected.

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