The ASX also noted the significant increase in the volume of Corazon’s securities traded today.
The company said it was unaware of any reason for the recent trading in its securities.
Lynn Lake drilling
Corazon confirmed that there is no material change to the information provided in the company’s recent announcements regarding drilling at the Lynn Lake Nickel-Copper-Cobalt Project in Canada.
Samples from drilling completed in 2019 have been submitted for analysis, with assays expected to be received in the second half of January 2020.
Corazon also noted several recent positive industry articles regarding the forecast future demand in the nickel sulphide.
Other than this, the company confirmed it has no other explanation for the recent trading in its securities.