Corazon Mining Defines New Lynne Lake Drill Targets

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has identified drill targets for the next phase of drilling to be carried put at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada.

Corazon Mining identified the new targets via a recently completed MobileMT geophysical survey at Lynn Lake, a technology the company labelled as a “potential game changer” for the project.

The company’s initial interpretations of the geophysical data have focused on the Fraser Lake Complex (FLC), located within Lynn Lake, where earlier drilling by Corazon identified mineralisation indicative of a large magmatic nickel-copper-cobalt sulphide system.

“The definition of new conductors at the FLC has highlighted the prospectivity of the western extremity of the intrusive complex, and indicates a deep-seated plumbing system linking several intrusive bodies,” Corazon Mining said in its ASX announcement.

“Such a setting is extremely prospective for massive sulphide deposits and the volume of mineralised gabbro identified in the Matrix Trend extending from this new target area, further elevates the prospectivity for massive nickelcopper-cobalt sulphide deposits.

The MobileMT geophysical survey provided a range of geophysical datasets, including 3-dimensional resistivity to depths in excess of one kilometre.

“Areas of low resistivity are categorised as areas of conductance.

“Areas of extreme low conductance may represent massive sulphide deposits.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au