Corazon Mining Ltd T.CZN

Primary Symbol: CRZNF

Metals & Mining Industrial Metals & Minerals

Corazon Mining Limited is an Australia-based mineral resource and exploration company. The Company is an explorer advancing the Lynn Lake Nickel-Copper-Cobalt Sulfide Project in Manitoba, Canada, as well as the Mt Gilmore cobalt-copper-gold (Mt Gilmore) and Miriam nickel Sulfide projects (Miriam) in Australia. The Lynn Lake Nickel-Copper-Cobalt Sulfide Project is a significant Class-1 nickel resource. The Mt Gilmore Project is located 35 kilometers from the city of Grafton in north-eastern New South Wales. The Company owns an 80% interest in Mt Gilmore. Mt Gilmore is focused on multiple rare, cobalt-rich sulfide deposits, similar to Cobalt Ridge. The Miriam comprises five Prospecting License applications (P15/6135 to P15/6139 inclusive) and is located approximately 10 kilometers south-southwest of Coolgardie on an ultramafic trend, which hosts Auroch Minerals’ Miriam and Nepean Nickel Deposits.

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Corazon Mining Ltd

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Comment by MLEMCon Mar 07, 2012 6:25am

329 Views

Post# 19636945

RE: RE: RE: Good News for Zinc Producers

"That is exactly what management signals when it talks to the press. It is planning on another year of permitting, then there is the construction phase, and then there is the fact that no revenue starts until the winter road is open. so we are probably looking at the winter of 2013-14 before revenue commences, although a bit of great luck in permitting might accelerate that by a year."

Winter 2013-2014 before revenue.

Permits to revenue in two years. This is not long - by any measure - in the extractive sector.

The marketplace will re-value CZN soon enough.

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