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Corazon Mining Ltd T.CZN


Primary Symbol: CRZNF

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.


OTCPK:CRZNF - Post by User

Bullboard Posts
Post by motowngoldon Apr 01, 2004 10:05pm
394 Views
Post# 7303623

email from czn on gold eagle

email from czn on gold eagle"Thank you for your inquiry. The $0.50 Private placement shares have been released from hold and people are taking profits. The private placements represent multiple parties, those being the clients of Haywood and MacFarlane holding in excess of 14 million shares. Those people can act independently and even against the advice of their brokers. The 14 million shares coming out of hold was anticipated to some degree by the market and it has been sliding. At some point the market will look at this supply of shares and measure it against what they might be worth in a year's time, or beyond. We are and plan to be very active on two fronts, advancing the project to final feasibility, and exploring and drilling the other known mineralized zones on the property. The Company is well-funded to carry out both functions with over $14 million in cash. The company has no debt whatsoever, and has recently acquired the mine royalties. Insider reports can be viewed at www.sedi.com I do not mean to dismiss your concerns, and please call me at anytime if you would like further information." John Kocela, Corporate Communications Canadian Zinc Corporation
Bullboard Posts