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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

Comment by bilarooon Feb 06, 2020 10:34am
103 Views
Post# 30651586

RE:Facts are facts all day long

RE:Facts are facts all day longIt's nice to see some sensible posters on this board these days.
Its sometimes difficult to shelve our emotions and frustrations and disappointment, even though we knew it was coming.

Facts are facts, as you say. The facts are they have numerous permits to renew as well as enhancing the feasibility of the mining plan.
i don't know what's taking the regulator so long to approve the management plan but it was too late to do much on building a winter road this quarter anyway.

They might as well regroup and come back in the fall fully prepared and hit the ground running.
With all permits and enhanced plan, financing may occur sooner than we think.
They need a bit of money in the short term and will likely get it, but they also need to reduce cash burn.
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