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 silver300on Jul 13, 2013 12:40pm

213 Views

Post# 21605933

Sandstorm deal - Do we know what that FIXED PRICE is?

All attention seems to be on Sandstorm receives 1.2% NSR and Canadian Zinc receives $10,000,000.

Canadian Zinc has 30 months during which they can buy back the 1.2% NSR for the same $10,000,000. BUT IF THEY DO it appears that CZN must sell their metal to Sandstorm. And per the Sandstorm website Sandstorm has

"...the right to purchase a percentage of the commodity produced for the life of the asset, at a fixed price per unit..."

Do we know what that FIXED PRICE is?

Place your cursor over Sandstorm Metals & Energy Ltd. and read the text:
https://www.sandstormgold.com/