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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Post by johnathamiltonon May 28, 2013 3:38am

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Post# 21448613

World Zinc Production Report

Interesting report on world zinc production. While the title depicts zinc as being in surplus, the surplus is significantly less than for last year. One cautionary factor is that China is responsible for 45% of global demand. However a look at Kitco's LME warehouse stocks chart shows a decline of about 10% over the last few months. Not that shares of CZN will trade on the spot price of Zn, but the overall trend is what is important. Over the past 5 years, LME Zn stock levels have increase almost linearly, showing a steady year over year surplus. We need to see a continued reversal of this trend in order for CZN to be able to sell into demand.

https://www.indiainfoline.com/Markets/News/World-Zinc-surplus-at-140700-tonnes-in-first-quarter-of-2013-WBMS/4888140026

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