“There is one hole to the northwest, which we're putting down to around 400 meters to really test that, a down-punch extension of the main mineralized area. It's exciting times ahead for us ... there's going to be some really good upside in terms of who we are as a company moving forward," said Corazon Mining Managing Director Simon Coyle.
Corazon Mining (ASX:CZN) is preparing to launch its first diamond drilling program at the Two Pools gold project in Western Australia, marking a key step as the company advances exploration at the asset.
In an interview with the Investing News Network, Managing Director Simon Coyle said that Corazon is "extremely, completely funded for drilling" as the company enters a period of increased exploration activity. Corazon Mining plans to mobilize a diamond drill rig to the Two Pools project within the next couple of weeks, which will include four diamond holes averaging about 200 meters per hole.
“There is one hole to the northwest, which we're putting down to around 400 meters to really test that, a down-punch extension of the main mineralized area. It's exciting times ahead for us ... there's going to be some really good upside in terms of who we are as a company moving forward,” he said.
Following the diamond drilling program, Corazon plans to conduct a larger reverse-circulation (RC) campaign, which is "probably a 3,000 meter RC package" in April.
“So drilling starts, let's say, (in) two weeks. Those first few holes are going right into the middle of the of the known area. And that's all about structure and understanding ... then we'll move into a 3,000 meter RC package, which will happen at the back end of April. So between now and for the remainder of this year, we'll be drilling at Two Pools."
Watch the full interview with Corazon Mining Managing Director Simon Coyle above.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
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While this year's platinum market deficit is expected to be much smaller than 2025's record shortfall, many of the precious metal's key drivers are still set to impact the sector moving forward.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
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He also pointed to signs that more generalists are entering the space.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
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Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
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Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
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Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
