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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.

project location map
IP surveys have proven to be an effective exploration method for discovering sulphide deposits

Corazon Mining Ltd (ASX:CZN) is in the process of testing newly identified copper-cobalt-silver geochemical anomalies within its Mt Gilmore Copper-Cobalt-Gold Project in New South Wales.

Testing, which will be in the form of induced polarisation (IP) surveys, aims to define priority targets for the next phase of drilling.

The IP survey is expected to commence this month and be completed by the end of July 2019.

Geological mapping of the large copper-cobalt-silver soil anomalies is ongoing and continues to identify extensive favourable alteration and outcropping sulphide mineralisation.

READ: Corazon Mining finds at-surface sulphide mineralisation at Mt Gilmore

Proactive caught up with the company earlier this month for an update.

Quick facts: Corazon Mining Ltd

Price: 0.003 AUD

Market: ASX
Market Cap: $6.12 m

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