Corazon Mining

Corazon Mining has released its Quarterly Activities Report for the period ended 30 June 2024.

The report covers:

☑️ Miriam Lithium & Nickel Sulphide Project – WA
☑️ Lynn Lake Nickel Sulphide Project – Canada
☑️ Mt Gilmore Project – NSW
☑️ Corporate updates

release ▶️ https://bit.ly/4fpCIhS

$CZN

Corazon Mining's Share Purchase Plan entitles eligible shareholders, irrespective of the size of their shareholding in Corazon, to purchase up to $30,000 worth of shares at an issue price of $0.0065 per share (price) being the same issue price as the shares offered to sophisticated and professional investors under the Placement.

The shares to be issued under the Placement will be issued on Wednesday, 26 June 2024.

ASX announcement ▶️ https://bit.ly/4bkYwbj

Corazon Mining Limited ( : $CZN ) has received firm commitments from sophisticated, professional and institutional investors totalling up to approximately A$340,000 through a placement of up to approximately 52.3 million fully paid ordinary shares at an issue price of A$0.0065 per share.

The Company is also proposing to raise up to A$1,000,000 via an SPP by providing existing shareholders with an opportunity to subscribe for shares in Corazon on the same terms as the Placement.

Chairman, Mr Terry Streeter, stated: “I would like to thank new and existing shareholders for their interest in investing in the exploration of the Company’s projects. This funding allows us to accelerate our plans to undertake a maiden drilling program at the exciting May Queen porphyry copper-gold target at the Mt Gilmore Project.”

announcement ▶️ https://bit.ly/4etNpiS

$CZN.ax 🇦🇺

Corazon Mining is acquiring three zinc-copper-gold deposits near Lynn Lake in Canada. 🇨🇦

✅ Nickel, copper, cobalt and zinc are flagged as critical metals in Canada and the US
✅ Projects could mean potential high-value feedstock for Lynn Lake processing hub
✅ Mining and metallurgical testwork continuing at Lynn Lake

Stockhead ▶️ https://bit.ly/4eiGlFX

report ▶️ https://bit.ly/3x5wQJz

Corazon sees processing hub potential on the back of multi-commodity acquisition - Stockhead Corazon has announced plans to acquire three high grade zinc-copper-gold deposits near its flagship Lynn Lake nickel-copper-cobalt project.

Stockhead's Sarah Hughan tells all on Corazon Mining’s (ASX:CZN) new zinc-copper-gold deposits near its Lynn Lake nickel-copper-cobalt sulphide project in the Canadian province of Manitoba.

The new assets offer the potential to transform Lynn Lake into a regional poly-metallic processing hub.

📺 Watch ▶️

Break it Down: Corazon Mining catches more commodities in Brazil with acquisition - Stockhead Stockhead TV's Sarah Hughan brings you today's Break it Down, detailing a multi-commodity acquisition by Corazon Mining (ASX:CZN).

Corazon Chairperson Mr Terry Streeter explains: “Our strategy for the Lynn Lake mining studies is to deliver low operational costs. The knock-on effect of this is that with lower costs, there are lower cutoff grades, resulting in a much larger mining inventory for consideration, within the existing resource areas. We don’t need more tonnes. This VMS concept is about value. The grade we see in some of these zinc-copper deposits is very good, and we will seek to establish if this is value we can exploit up-front for a restart of mining at Lynn Lake. Alternatively, we will explore whether the VMS deposits are better suited to mining later in the Project’s mine plan”.

report ▶️ https://bit.ly/3x5wQJz

$CZN

Corazon Mining Limited (ASX: CZN) has entered into an agreement for the acquisition of three drill-defined zinc-copper-gold deposits, nearby its 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project in the province of Manitoba, Canada. 🇨🇦

report ▶️ https://bit.ly/3x5wQJz

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Corazon Mining has completed its 85% divestment of lithium and industrial mineral rights over the Miriam project in WA.

✅ Corazon receives $1m in cash plus 16m fully-paid ordinary shares and 121m performance rights in Future Battery Minerals

✅ $CZN.ax maintains 100% of the base and precious metals rights and is free carried on and development costs until the completion of a definitive feasibility study (DFS)

✅ Divestment allows $CZN to remain focused on its assets in Canada 🇨🇦

Stockhead ▶️ https://bit.ly/3Vf8EgR

Corazon completes 85pc divestment of lithium rights in Miriam project to Future Battery Minerals for cash and shares - Stockhead Corazon (ASX:CZN) has received $1m cash and shares from the divestment of 85% of the lithium rights for the Miriam project.

Corazon Mining Ltd ( : $CZN ) has completed the divestment of 85% of the rights and industrial mineral rights for the Miriam Project in Western Australia to lithium-focused explorer and developer Future Battery Minerals Ltd.

Proactive ➡️

Corazon Mining completes Miriam Project lithium rights divestment Corazon Mining Ltd (ASX:CZN, OTC:CRZNF) has completed the divestment of 85% of the lithium rights and industrial mineral rights for the Miriam Project in...

Corazon Mining ( : $CZN ) has received cash and shares from the divestment of 85% of the rights for the Miriam Project to lithium-focused explorer and developer Future Battery Minerals Limited ( $FBM ).

report ➡️ https://bit.ly/3wOHUKO

In a new Westpac infographic on the future prospects for Australia’s transition minerals, the indicators for growth are clear.

📊 More ➡️ https://bit.ly/4bxwVVd

Corazon Mining has sulphide operations in WA, projects in Canada, as well as projects in NSW. 🇦🇺 🇨🇦

Corazon Mining’s Investor Presentation for the RIU Sydney Resources Round-up is available here ⏩ https://bit.ly/3UPKOID

$CZN $CZN.ax | Investor centre: https://corazon.com.au/investors/