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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