Corazon Mining Restricted (ASX: CZN) (Corazon or Firm) is happy to announce the strategic enlargement of its MacBride Base and Valuable Metals Challenge (MacBride or Challenge) within the Lynn Lake district, of Manitoba, Canada.
KEY HIGHLIGHTS
- Corazon has secured further floor on the MacBride Base and Valuable Metals Challenge in Canada’s Lynn Lake district
- MacBride Challenge now covers a 14-kilometre strike of stratigraphy potential for Cu-Zn-Au-Ag huge sulphide deposits, together with the drill-defined outcropping MacBride and Wellmet deposits
- Excessive-grade gold assays from historic sampling (up to 25.9g/t Au in seize samples) throughout the new floor additional highlights the area’s prospectivity for orogenic gold deposits
- An aerial VTEM geophysical survey is at the moment underway
- Earlier VTEM survey successfully outlined a conductor coincident with the MacBride Deposit, in addition to a number of untested, high-priority conductors undercover on pattern
- The brand new VTEM survey gives better protection of the MacBride Challenge, together with the first-time survey of the Wellmet Cu-Au and Zn-Cu-Au tendencies
- Outcomes from the brand new VTEM survey are anticipated to be out there within the coming weeks and shall be utilized in concentrating on drilling for early 2025
- The MacBride Challenge is an thrilling exploration alternative and shall be a serious focus of Corazon’s ongoing Lynn Lake area exploration actions
The Firm has bodily staked and made purposes for brand new Mining Claims that will increase the MacBride challenge space from ~26km2 to ~56km2, protecting a contiguous
~14km strike size of the potential MacBride/Wellmet pattern (Determine 1). The brand new Claims are pending grant by the Manitoba Provincial Authorities.
The brand new space hosts a number of prospects recognized by historic exploration, together with outcomes as excessive as 25.9 g/t Au in seize sampling at Prospect Space F (Determine 1).
Exploration at MacBride between the 1940’s and early 1990’s outlined the MacBride and Wellmet copper-zinc-gold- silver deposits and established the fertility of the area. The one latest exploration was a 2008 aerial VTEM (versatile time area electromagnetic) survey, which recognized the MacBride deposit as a conductor, together with a number of high-order conductive our bodies, undercover alongside pattern (ASX announcement 7 October 2024). These conductive our bodies are but to be adopted up with drilling.
The MacBride Challenge is a serious focus of Corazon’s Lynn Lake area exploration actions. The effectiveness of previous geophysical VTEM surveys in defining drill-defined huge sulphide mineralisation has resulted in extending protection over a bigger a part of the challenge space. The geophysical conductors outlined from this work would be the precedence focus for first move drilling at the moment proposed for early 2025.
The MacBride Challenge enlargement additional enhances Corazon’s place as a big landholder and energetic explorer- developer within the Lynn Lake district, which additionally hosts the Firm’s 100% owned, flagship Lynn Lake Nickel-Copper- Cobalt Sulphide Challenge.
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