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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 bot_feederon Feb 25, 2011 11:58am
482 Views
Post# 18194339

czn

czn
Looks like they have a fair amount of potential for additional resource. I have never really paid attention to their maps showing the deposit and other findings along the structure that bears that deposit, but they have a map in here:

https://www.canadianzinc.com/docs/CZNJune16AGM2010.pdf



On the other hand, it may turn out that they will have to make some concessions to get permitted in order to promise a time frame for mining that assures that it can eventually be reclaimed and absorbed into the national park. So I don't know how good the prospect is that they could get permission to expand the deposit, since that would expand the lifespan of the mine longer.

I believe they do have permits at this time to do further exploration on those targets, though?


This would just be icing on the cake though. What they already have is one heck of a nice deposit, so long as they can get permission to mine it this stock is a great investment.
Bullboard Posts