Corazon Mining identifies nickel-copper anomalies at Fraser Lake

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has completed a Soil Sampling Program at the company’s Lynn Lake nickel-copper-cobalt sulphide project in the central Canadian province of Manitoba.

Corazon Mining conducted the soil sampling within the Fraser Lake Complex (FLC) over Induced Polarisation (IP) anomalies defined by the company in July 2016.

According to the company the results from the sampling show present IP anomalies display similar characteristics to known mineralisation within the Lynn Lake Mining Centre, situated just five kilometres to the north.

“Preliminary results from soil sampling indicate anomalous values of nickel and copper correlating to defined geophysical trends and targets,” Corazon Mining said in its ASX announcement.

“There is a strong correlation between nickel and copper, supporting evidence for a magmatic sulphide source for these metals.”

Corazon indicated it was continuing to complete further analysis of the soil sampling results, whci it expects will assist in the identification of priority drill targets.

At this stage, at least eight of the priority IP targets to be pinpointed fall within geochemical trends the company has already identified.

The company explained that due to the nature of the terrain at FLC, access becomes difficult between seasons as the ground becomes either partially frozen or thawed.

The next period considered optimal for drilling will be in the northern winter, possibly January 2017.

Email: info@corazon.com.au

Website: www.corazon.com.au