Corazon Mining Encounters Sulphide Zone in Lynn Lake Drilling

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) reported on recent drilling efforts at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba, Canada.

Corazon Mining said drilling at the Fraser Lake Complex (FLC) within the project intersected a substantial sulphide body.

Corazon completed a two-hole drilling program at the FLC, located approximately five kilometres south of the historical Lynn Lake Mining Centre to test a geophysical anomaly defined by geophysical surveys completed earlier this year.

The initial drill hole (FLC-2023-057) into anomaly MTC3 intersected 55.4 metres of complex sulphide mineralisation, including metre scale intervals of massive sulphide, intermixed with semi-massive to disseminated style sulphide mineralisation.

Target MTC3 is a conductive geophysical anomaly Corazon defined via a 3D ground magnetotelluric (MT) survey.

A second drill hole (FLC-2023-58) tested the target near surface intersecting sulphide mineralisation between 22.4 and 26m down hole, with characteristics very similar to the mineralisation encountered within the core of the anomaly tested by hole FLC-2023-057.

“The most significant outcome from this drilling is proving that our new geophysical techniques can identify the targeted magmatic sulphides, as well as these late, metal-rich ultramafic pipes,” Corazon Mining managing director Brett Smith said in the company’s ASX announcement.

“This drilling is the first in testing several similar geophysical anomalies, some of which link into areas of known nickel mineralisation.

“Although we have not previously seen barren magmatic sulphides associated with these rocks, the fine-grained nature of the sulphide mineralisation is atypical of the coarse grained Lynn Lake sulphide bodies, and as such we advise caution in assuming the tenor of nickel within the Sulphide Zone.”

 

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