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Corazon Mining starts testing new areas at Lynn Lake to expand the project’s resource base
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Corazon has announced testing of several new areas at four key areas of its nickel play in Manitoba, Canada.
Exploration drilling will include an initial six holes for around 2,000 metres testing four targets within the Lynn Lake Mining Centre as well as a program of metallurgical drilling.
Corazon Mining (ASX:CZN) says ongoing geological and resource modelling studies have identified four key areas not effectively tested by prior drilling such as the “D-extensions”, “Upper F”, “E-J North” and “K-D Hotspot”.
This provides the opportunity for the discovery of additional mineralisation and potential resources in and around the existing nickel sulphide deposits and mine infrastructure.
Metallurgical drilling
The metallurgical drilling currently underway at the EL Plug within the Mining Centre is designed to provide samples for Corazon’s next phase of metallurgical testwork as well as for ore upgrades and ore sorting studies.
Historical recoveries and concentrate grades, along with Corazon’s work to date, suggests the Lynn Lake mineralisation performs very well via flotation.
Additionally, such ore types typically have no problem in producing high-quality battery grade products
Recent bench-scale testwork undertaken on up-grading the Lynn Lake mineralisation has delivered encouraging results and forms a key component of Corazon’s strategy to transform Lynn Lake into a long-life, low-cost, nickel sulphide mining operation.
This work is yet to be fully optimised and additional samples are required for on-going testwork and process optimisation.
Samples are expected to be transported to Perth, Western Australia, early in 2023 for testing.
What’s next?
Corazon’s most recent phase of exploration drilling at Lynn Lake tested three new areas within the highly prospective Fraser Lake Complex (FLC) south of the Mining Centre.
Samples submitted for multi-element laboratory analysis have now been returned and are currently being interpreted.
It is expected that interrogation of these results will further advance the Corazon’s understanding of the FLC system and aid vectoring to areas of potential sulphide accumulation for drilling in 2023.
This article was developed in collaboration with Corazon Mining (ASX:CZN), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
