Priority Nickel Sulphide Targets Defined In Manitoba
Corazon Mining Limited (ASX: CZN) has obtained promising initial findings from the first phase of its 2021 drilling campaign at the Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba Province, Canada.
The company completed three holes for a total of 1,482n in this phase of drilling at Lynn Lake, resulting in a successful first-pass test of a new target area west of the Fraser Lake Complex.
Managing Director, Brett Smith, said drilling also confirmed MobileMT’s effectiveness in identifying areas most favourable for magmatic nickel-copper-cobalt sulphides at Lynn Lake.
All holes drilled within the target area west of the FLC have intersected favourable host rocks and extensive indications of magmatic sulphide mineralisation.
With drilling now complete, Corazon is conducting a DHEM programme of holes on this phase and previous phases of drilling. DHEM will more accurately define conductive bodies close to drill holes, within larger areas of anomalism defined by the aerial surveys.
To date, DHEM has been completed on five holes and identified 10 new conductors of substantial size which may represent sulphide bodies. These anomalies will be priority targets for the next phase of drilling and underpins the potential for the entire conductive trend, identified by MobileMT, to the west of the FLC.
“The aerial MobileMT geophysics identified a large area of conductance, previously not recognised as prospective for nickel-copper sulphides,” Mr Smith said.
“Our first round of drilling in this area intersected the right rocks and some good magmatic sulphides that enhances the potential of the target area.
“Now, with the detailing of DHEM conductors of a good size, that support the MobileMT interpretations, we have expectations that this large conductive trend to the west of the Fraser Lake Complex has the makings of a nickel-copper sulphide target area similar in size to the Lynn Lake mining centre.”
The definition of the DHEM conductors has confirmed the effectiveness of MobileMT as an exploration tool for Lynn Lake style mineralisation. Analysis of the DHEM data has focused on the identification of responses that could indicate larger bodies of magmatic sulphide. Plates of interest have been chosen on the basis of their longer wavelength response, in preference to shorter wavelength characteristics of smaller bodies.
The DHEM programme is ongoing, targeting other holes drilled by Corazon in previous phases of drilling. The greater conductive area west of the FLC and the DHEM plates defined will provide priority targets for the next phase of drilling.
On completion of the DHEM programme, Corazon will formalise plans for the next phase of drilling and will provide details in due course.
