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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Post by MCFeron Jul 26, 2020 1:41pm

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Post# 31320928

RE: I could see Silver take a Run at $27 not far off ?

What will this thing do at a much higher Silver Price ?????

A completed 43-101 already says 2.1 Million Ozs Silver for first 10 years with a current mine life of 15 years + more inferred resources to extend beyond.

If Silver does soar like many are expecting, multiply your 2.1 Million * Silver Price * 1.36 CAD and you get some pretty big numbers Just for the SILVER Annual portion.

" Highlights

The Prairie Creek Mine (the Mine) is located in traditional Dene territory in Canada’s Northwest Territories. A Feasibility Study was completed on the Mine in September 2017 with robust economics. The Prairie Creek Project consists of the Mine and surrounding land and access. NorZinc has operating permits for the Mine and is in the final drafting process of the permit for all season road (“ASR”) access to the Mine. NorZinc expects to obtain the final ASR permits and seek financing for the construction and development of the mine in 2019 with full production occurring in 2022.

Based on the reserves of the 2017 Feasibility Study, Prairie Creek will have a 15-year mine life with average annual metal contained in concentrate of 105 million lbs. lead, 95 million lbs zinc and 2.1 million oz. silver for the first 10 years, and average annual EBITDA of $110 million over the same period.

In addition to the 8 million tonnes of reserves extending over a strike length of 1.2 km and 400m vertically, the project has 7 million tonnes of inferred resources extending over a total strike length of 1.2 kilometres with potential to extend the mine life significantly beyond 15 years. "

Check the Information yourselves ...........

https://www.norzinc.com/projects/prairie-creek/highlights/