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 Czicfwillgetermiton Feb 14, 2013 9:34pm

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Post# 20992433

RE: Vatukoula Gold

Figi is a very high risk and some think a high reward mine. CZNs initial investment was well played as the shares spiked with higher gold prices and promises of more gold production by 2011. At one point I think CZN probably could have walked away with a $30-40 million profit. I have no idea what management will do with their existing stake, probably worth about $5 million. I have no idea why they continue to hold except maybe they know something more than we do. Regardless, it is almost like cash money in the bank and can be sold at a small discount if required in big or small blocks.

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Advancing flagship Ishkõday Gold Project in Ontario