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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 elmothefearlesson Aug 29, 2012 12:17am
448 Views
Post# 20272623

Just glanced at the NI 43-101

Just glanced at the NI 43-101

Wow, nice little deposit you guys have here.  Major risk looks to be obtaining the permits and ensuring the support of the First Nations.  

 

Most likely exit scenario for shareholders is probably a buyout once permits are obtained as CAPEX is probably $150 mm+

Bullboard Posts