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

Bullboard Posts

Comment by Czicfwillgetermiton Feb 07, 2018 12:56pm

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Post# 27520148

RE:RE:RE:RE:RE:RE:RE:Confirmation

To be frank how much further ahead would Czn be if over last 15 years the locals were paid 10-15 million total as certain milestones were met during permit and mine build process. Sure its sounds like a lot of money and very unnecessary spending to some. But brass has wasted tens of millions on noncore projects like figi and moose dating grounds but refuses to make locals stakeholders for a fraction of the costs. This fact is not lost on locals. Seems silly to draw line in sand on that issue but czn is a permit maker and this drama is their comfort zone. This way of thinking must change as no one is knocking down CZN door for a high risk mine.

The plan forward will dilute shareholders a little or a lot. There is no good plan without locals buy in. Any payments to locals to improve their communities can be offset with selling of noncore assets. When you have buy in you can expand mine down the road or improve roads and spend millions less on lawyers.

I see a glimmer of upside here, but brass better get it right.

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