Nickel Targets Defined

Nickel Targets Defined

Corazon Mining Limited (ASX:CZN) (Corazon or Company) is pleased to announce a new campaign of exploration drilling at its wholly owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project (Lynn Lake or Project) in Manitoba Province, Canada.



Corazon's exploration at Lynn Lake is focused on the Fraser Lake Complex (FLC), a large metal rich mafic intrusive body located approximately five kilometres from the historical Lynn Lake Mining Centre (Mining Centre) (Figure 1).


The upcoming phase of drilling is scheduled to commence this month and will test discrete pipe-like bodies (pipes) within the FLC. Geophysically these dense bodies are very similar to the spatially related ultramafic intrusives and massive sulphide deposits within the Mining Centre.


Recently completed detailed aerial gravity geophysics over the FLC (ASX announcement 17 January 2022) highlighted numerous pipes that are yet to be tested by drilling (Figure 2). These features are also apparent (to some degree) within the magnetic data and appear to come together to form a large body at depth within the centre of the FLC (Figure 3).


The potential for massive sulfide deposits to exist in close association with ultramafic lithologies within the extremely mineralised FLC, is a priority exploration focus for Corazon.


Click here for the full ASX release

This article includes content from Corazon Mining, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CZN:AU
Corazon Mining

Corazon Mining Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Corazon Mining

Corazon Mining


Keep reading...Show less

Base and precious metals development in the historic Lynn Lake mining district of Manitoba, Canada.

Ni-Co Energy

Ni-Co Energy Set to Mobilize Critical Minerals Exploration just 90 km from Montreal

Ni-Co Energy Inc. announces that its technical team will be mobilized to the Kremer property around mid-June 2025. The project is located approximately 90 km north of downtown Montreal and about 15 km from the nearest municipality, in a remote forested area with access via an existing road and close proximity to the hydroelectric grid.

Meet The Team:

Keep reading...Show less
Nickel Outlook: World Edition

Nickel Outlook: World Edition

Nickel Outlook: World Edition

Investing in nickel? Let our experts help you stay ahead of the markets.

✓ Trends✓ Forecasts✓ Top Stocks

Who We Are

The Investing News Network is a growing network of authoritative publications delivering independent, unbiased news and education for investors. We deliver knowledgeable, carefully curated coverage of a variety of markets including gold, cannabis, biotech and many others. This means you read nothing but the best from the entire world of investing advice, and never have to waste your valuable time doing hours, days or weeks of research yourself.

Keep reading...Show less
FPX Nickel (TSXV:FPX)

FPX Nickel


Keep reading...Show less
Red up arrow next to a burlap sack labeled "surplus."

INSG: Global Nickel Surplus to Hit 198,000 MT in 2025

Amid rising production and weakening demand, the global nickel market is forecast to swing into a 198,000 metric ton (MT) surplus in 2025, according to the International Nickel Study Group (INSG).

In an April 24 release, the INSG said that world primary nickel production is expected to reach 3.735 million MT this year, outpacing the primary usage forecast of 3.537 million MT for 2025.

The nickel sector recorded surpluses of 170,000 MT in 2023 and 179,000 MT in 2024.

"The world economy is currently facing changes to national policies, namely related to trade. This will probably contribute to a higher level of uncertainty regarding raw materials markets," the group notes.

Prices for nickel, a critical component in stainless steel and electric vehicle (EV) batteries, have struggled under mounting oversupply. After losing more than 7 percent in 2024, nickel prices continued to show volatility in Q1 2025.

Keep reading...Show less
Corazon Mining

Corazon Mining Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×