Corazon Mining Limited (ASX:CZN) (“Corazon” or “the Company”) is pleased to present its Quarterly Activities Report for the period ending 31 December 2013. The quarter’s activities were dominated by continued exploration at the Company’s Top Up Rise (“TUR”) Project in the Gibson Desert region of Western Australia, with completed work including drilling and geophysics.
TUR is a large residual gravity anomaly measuring 10km by 6km, located in a region believed prospective for intrusive related copper-gold mineralisation.
Exploration to date by Corazon has identified widespread low levels of sulphide mineralisation, including chalcopyrite (copper-sulphide), over a large area within the confines of the gravity anomaly. Drilling completed has not yet identified rocks of sufficient density to explain the gravity anomaly and, as such, it is assumed that a dense body exists at depth below the areas drilled.
For further information please download PDF attached: