Short Term Trading Week Starting: 15 Jun, page-28

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    STTCOMP CZN FA LONG

    CORAZON MINING LIMITED

    MC ~$7.23M @ 0.3c
    $887k cash (March Qtr 2020), no debt

    Total existing JORC Resource: 116,800t Ni, 54,300t Cu, 5,300t Co (0.5% Ni cut-off)

    Encouraging shallow high-grade drilling results from within the historical Mining Centre – potential source for new shallow resources

    Exploration for a major Ni-Cu sulphide system at Fraser Lake (FLC) – new geophysical targets currently being drill tested

    Drilling of new target underway – drilling paused due to poor surface conditions caused by spring melt-water
    • Drilled to 523.4m (~400m below surface)
    • Sulphide content starting to increase with depth
    • Base of Target is at ~ 500m below surface
    • Drilling to recommence once melt-water recede and surface conditions firm
 
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