Corazon Mining Commences Mt Gilmore Copper-Gold Drilling at May Queen
THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has started drilling at the May Queen copper-gold porphyry target within the company’s Mt Gilmore project in New South Wales.
Corazon Mining is to carry out an initial two-hole diamond core program testing the priority May Queen target that it identified by way of two phases of advanced alteration mineral chemistry studies earlier this year.
Corazon considers the May Queen prospect to hold mineral chemistry characteristics typical of giant porphyry copper-gold deposits supported by outcropping sulphide mineralisation, favourable hydrothermal alteration, a coincident high-copper-in-soil signature, and geophysical anomalism.
“May Queen is a particularly exciting target,” Corazon Mining managing director Brett Smith said in the company’s ASX announcement.
“The entire twenty-kilometre strike of the Mt Gilmore project displays many characteristics typical of large porphyry copper-gold systems.
“The identification of May Queen as a distinct high priority target, at this very early stage of exploration, provides a great opportunity for Corazon and will be a good initial test of the advanced mineral vectoring targeting methodologies provided by CODES and the University of Tasmania.”
The May Queen target is located approximately 6.5 kilometres northwest of Corazon’s most recent drilling at Mt Gilmore at the Gordonbrook Hill prospect, and 15 kilometres northwest of the project’s most advanced exploration prospect, the drill-defined Cobalt Ridge cobalt-copper-gold sulphide deposit.
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