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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Comment by RMC12345on Dec 22, 2012 12:02pm

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Post# 20765374

RE: How are we going to finance the mine?

A few questions:

1) Will the market cap rise when all the permits are in hand? I think yes.

2) Can CZN forward sell some of its lead and zinc? And reserve sale of the silver to a future date? I think yes again - First Majectic has recently done just that and raised $50 million.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFR-2026756&symbol=FR&region=C

3) Is debt financing a possibility? I think yes. Supposing CZN raises $50 million as did First Majectic, then the needed capital drops to about $110 million.

4) Once the share price has risen, raise some share capital.

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