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.

OTCPK:CRZNF - Post by User

Corazon Mining Ltd

Bullboard Posts

Post by Fivefive5on Nov 08, 2006 12:17pm

336 Views

Post# 11640792

PP Purpose/Big News Coming

Wondering what your take is on the purpose of the PP. With $20 mill plus in cash, seems like we were in a good position, and not sure what our exploration and operations budget is for the year, 6 month ending in June was a little over $1.7 mill, so what is all the extra cash for? The warrants and units are priced near current market (.90, .93 and 1.15) so the outlook for near future must be pretty positive from Northern Securities, SP must be expected to take off in new year. I think CZN must have a big announcement coming if they need to sit on $30 mill plus and no debt with approx. exploration budget of $3 mill. Something has to be coming, a M/A or finally a permit application? Let me know your thoughts.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario