CZN 0.00% 0.5¢ corazon mining limited

Ann: Quarterly Activities Report, page-51

  1. 3,370 Posts.
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    This dog is now down 50% since consolidation less only a few months ago.

    It would be nice to have more information on the below (from the quarterly) and also if there will be yet another CR.

    Lynne Lake -
    Downhole EM (DHEM) geophysical surveys in progress
    o Multiple “off-hole” EM conductors have been identified in the target area –potentially indicative of sulphide bodies
    o Conductors represent high priority targets for the next phase of drilling
    • DHEM program is ongoing – plans for the next phase of drilling will be formalised after theDHEM program is complete

    Mount Gilmore
    • Corazon’s most recent phase of exploration at Mt Gilmore confirmed its potential for“intrusive related copper-cobalt-gold/silver deposits”
    o Mineralised porphyry intrusion is located coincidently with a large Cu-Augeochemical anomaly and an IP chargeability geophysical anomaly at theGordonbrook Hill Prospect
    o This mineralised porphyry target is now the priority exploration focus at Mt Gilmore
    • Drilling permits for this target have been received, and drilling is scheduled for the first half of2021
 
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