Highlights
- Drilling commences at the nickel-copper sulphide EL Deposit, Lynn Lake Project, Canada
- Work will focus on the high-grade Lower Zone, where recent drill intersections include 23.75m @ 3.34% Ni, 1.54% Cu & 0.079% Co and 11.03m @ 2.31% Ni, 1.01% Cu & 0.062% Co
- The EL Deposit remains open at depth and to the south
- Potential for large tonnage/low cost mining operation confirmed by significant widths of recent drill intersections
- 4,500m of drilling proposed to be completed by end of May
- Resource upgrade planned for mid-2012, forming the basis for mining studies
Nickel sulphide exploration company, Corazon Mining Limited (ASX:CZN) (“Corazon” or “the Company”), is pleased to announce it has commenced its 2012 exploration season at its Lynn Lake Nickel Sulphide Project in Canada.
Corazon’s new phase of drilling will focus on testing the Lower Zone at the EL Deposit, comprising the high-grade nickel-copper sulphide breccia discovered in May 2011. The work program proposes an additional 4,500 metres of core drilling, to be completed by the end of May 2012.
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