Corazon Mining Identifies Nickel Sulphide Targets at Miriam Project

THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has identified three initial, priority drill targets at the company’s Miriam nickel sulphide, lithium project in the Eastern Goldfields region of Western Australia.

Corazon commenced on-ground activities in January, testing for nickel sulphide mineralisation, resulting the identification of three targets the company has interpreted as three large ultramafic lava paleo-channels or paleo-depressions (channels) that may be favourable traps for nickel sulphide accumulation; the Miriam Main Channel, the North Channel and South Channel.

The Main Channel hosts the Miriam nickel sulphide deposit and has been defined by multiple drill hole intercepts, including the Miriam discovery hole HH92 that was reported in 2021 to have intersected violarite (a weathered nickel sulphide mineral) with 9.6 metres at 5.6 per cent nickel.

The North Channel has not been drill tested below about 100 metres depth, however, mapped gossans (iron-oxide minerals formed from weathered sulphide) exist as does soil geochemical anomalism at surface.

The South Channel is also not well tested by drilling and will be mapped in more detail with ground geophysics prior to defining targets for drilling. Previous deeper drilling has intersected nickel sulphide.

“Corazon is currently testing the Miriam Trend via detailed ground magnetic and gravity geophysics,” the company said in its ASX announcement.

“This work will better define the basal contact of the prospective ultramafic for targeted drilling, as well as possibly identifying variations in the depth of weathering that may infer sulphide bodies.

“The results of this detailed targeting work are expected next month.

“Once drill targets have been confirmed, a program of works will be submitted for governmental drilling approval.”