Corazon Mining Identifies Multiple Conductors at Lynn Lake

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) reported news from the first phase of a 2021 drilling campaign at the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada.

Corazon completed three holes in this phase of drilling at Lynn Lake, which the company said has resulted in a successful first-pass test of a new target area west of the Fraser Lake Complex (FLC).

Drilling also confirmed the technology used to identify the new drill targets – MobileMT’s effectiveness in identifying areas most favourable for magmatic nickel-copper-cobalt sulphides at Lynn Lake.

All holes drilled within the target area west of the FLC intersected favourable host rocks and extensive indications of magmatic sulphide mineralisation.

“The aerial MobileMT geophysics identified a large area of conductance, previously not recognised as prospective for nickel-copper sulphides,” Corazon Mining managing director Brett Smith said in the company’s ASX announcement.

“Our first round of drilling in this area intersected the right rocks and some good magmatic sulphides that enhances the potential of the target area.

“Now, with the detailing of DHEM conductors of a good size, that support the MobileMT interpretations, we have expectations that this large conductive trend to the west of the Fraser Lake Complex has the makings of a nickel-copper sulphide target area similar in size to the Lynn Lake mining centre.”

With drilling now complete, Corazon is conducting a DHEM program of holes on this phase and previous phases of drilling.

The company believes DHEM will more accurately define conductive bodies close to drill holes, within larger areas of anomalism defined by the aerial surveys.