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Corazon Mining Ltd. (ASX:CZN) announced the results of an IP geophysical survey completed at its Manitoba-based Lynn Lake nickel-copper-cobalt sulfide project.

Corazon Mining Ltd. (ASX:CZN) announced the results of an IP geophysical survey completed at its Manitoba-based Lynn Lake nickel-copper-cobalt sulfide project.
Highlights are as follows:

  • Induced Polarization (“IP”) survey discovers large geophysical anomalies 5km south of the historic Lynn Lake nickel-copper-cobalt mines in Canada.
  • The anomalies are within the Fraser Lake Complex, a large intrusion twice the size of the host intrusion at the Lynn Lake Mining Centre.
  • Anomalies are predominantly under cover and thought to represent nickel-copper- cobalt sulphide mineralisation.
  • Nickel sulphides in 1950’s drilling, anomalous rock-chip geochemistry and mineralised glacial boulders support the prospectivity of the area tested.
  • Lynn Lake is historically one of Canada’s most prolific nickel producing districts, with existing resources and exciting exploration upside.
  • IP has proven to be an excellent method for defining mineralisation at Lynn Lake.
  • Detailed follow-up IP underway – aimed at “mapping” the priority anomalies to surface for drill hole targeting. Corazon is fully permitted for drilling at Fraser Lake.

Brett Smith, managing director of Corazon, commented:

The results we are seeing in this IP indicate support for a 70 year held belief that there has to be mineralisation at the FLC. These anomalies aren’t where the old-timers were looking, but in hindsight where they are located make good geological sense.

Click here to read the full Corazon Mining Ltd. (ASX:CZN) press release.

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