Corazon Mining advances core projects against backdrop of strong commodity prices
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SUMMARY
Corazon Mining Ltd (ASX:CZN) managing director Brett Smith speaks to Proactive Investors about the company's two core projects, namely the Lynn Lake Nickel-Cobalt Project in Canada and the Mount Gilmore Cobalt-Copper-Gold Project in Australia.
"What we're doing at Lynn Lake is fairly low key and low cost at the moment but we think it's going to add enormous value to that project. If you look at the predictions and forecasts in the nickel metal price going forward it is quite attractive, so we want to position Lynn Lake such that it can take advantage of any improvement," says Smith.
He continues, "most of our exploration activity and our exploration capital is going into Mount Gilmore, especially the Cobalt Ridge deposit... we're driving as hard as we can towards resource definition."
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SUMMARY
Corazon Mining Ltd (ASX:CZN) managing director Brett Smith speaks to Proactive Investors about the company's two core projects, namely the Lynn Lake Nickel-Cobalt Project in Canada and the Mount Gilmore Cobalt-Copper-Gold Project in Australia. "What we're doing at Lynn Lake is fairly low key and low cost at the moment but we think it's going to add enormous value to that project. If you look at the predictions and forecasts in the nickel metal price going forward it is quite attractive, so we want to position Lynn Lake such that it can take advantage of any improvement," says Smith. He continues, "most of our exploration activity and our exploration capital is going into Mount Gilmore, especially the Cobalt Ridge deposit... we're driving as hard as we can towards resource definition."
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