CZN corazon mining limited

Ann: Expansion of Macbride project, page-8

  1. 2,892 Posts.
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    Happy Christmas and happy New Year, amigos. In recent interviews with Just Stocks, Brett Smith (the company's Managing Director) said he recognises the effects on the shareprice of the current downturn in commodities, and said that exploration activity is the only way to turn things around. I agree. Lynn Lake is now the company's "bank" of JORC-defined critical minerals, and it will be attractive to miners once the commodity cycle turns around, IMO. Corazon's acquisition of the MacBride-Wellmet area is interesting. Zinc-copper-gold in massive sulphides near the surface should be detectable with modern geophysics (VTEM). Smith said they will drill the best sites and there should be plenty of news flow from the exploration at MacBride in early 2025. Let us hope so. Apparently the company has had geologists on the ground as well as helicopters running the VTEM geophysical survey. I continue to hold shares in Corazon and increased my holding with the recent capital raising. Many will laugh at that, I know. Best of luck to all investors and to all Aussie explorers in 2025.
 
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Mkt cap ! $2.369M
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