Corazon Mining Limited is a Perth-based ASX listed exploration company (ASX: CZN) which has minerals projects in Australia and Canada. The Company is focused on developing the high-grade Lynn Lake Nickel Sulphide Project in the central Canadian Province of Manitoba. The project area includes the EL Mine, which was the highest grade deposit in the Lynn Lake Nickel Camp and historically produced 1.9Mt @ 2.5% nickel and 1.15% copper.

Corazon has an option to acquire 100% of the Lynn Lake Project and is focused on the definition of a resource at the EL Mine, as well as testing several look alike geophysical targets.

In Australia, Corazon has project interests in Western Australia and New South Wales, and it continues to evaluate appropriate strategies and options to maximize the value of these assets. The Company originally listed on the ASX in 2005 as Graynic Metals Limited (ASX: GYN) and has previously also been known as Xanadu Resources Limited (ASX: XNU), before changing its name to Corazon Mining Limited in July 2010

Corazon Mining (ASX:CZN)

Company Directors

Mr Adrian Byass Byass (Non Exec. Director)
Mr Brett Smith Smith (Managing Director)
Mr Clive Jones Jones (Non Exec. Chairman, Non Exec. Director)
Mr Jonathan Downes Downes (Non Exec. Director)
Mr Rob Orr Orr (CFO)

Contact Information

Phone: +61 8 6364 0518
Email: admin@corazon.com.au
Website: http://www.corazon.com.au
Address
Level 1 350 Hay Street, Subiaco WA 6008, Subiaco , WA , 6008

Media Releases see all media releases

Corazon Mining Ltd, Extension and Expansion of Lynn Lake Project
09 Aug,2012 11:33 AM

Corazon has achieved earn-in requirements for the Lynn Lake Project via a CAD$3M exploration spend since 2009

Company has agreed to improved terms for its option to acquire 100% equity in project

Renegotiated terms of agreement include:
- Option period to acquire project extended to 20 October 2015
- Acquisition cost reduced from CAD$2M to CAD$1M, plus
- CAD$750,000 payable on performance

Corazon has expanded its position as the largest landholder in the Lynn Lake region with the addition of new exploration ground including:
- South Plug: Nickel-Copper Target
- Barrington Lake: Copper Deposit.

Nickel sulphide exploration company, Corazon Mining Limited (ASX:CZN) (“Corazon” or “the Company”), is pleased to announce the successful renegotiation of the Earn-In and Option agreements to acquire the Lynn Lake nickel-copper sulphide project (“Lynn Lake” or “the Project”) in Canada, and the expansion of its Lynn Lake project area.


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