NICKEL: Corazon Mining set to expand Manitoba drilling
Australia-based Corazon Mining says it expects to begin the next phase of drilling in early February at its Lynn Lake nickel-copper-cobalt sulphide project in northwest Manitoba, Canada, Kallanish reports.
The new drilling will target new geophysical conductors identified by three recently completed aerial geophysical surveys that were conducted last fall in the company’s effort to identify high-grade massive sulphide mineralisation. Those anomalies are located in previously untested areas of the Fraser Lake Complex within the Lynn Lake Project and adjacent to drill-defined nickel-copper-cobalt sulphide mineralisation.
The planned drilling was postponed due to a Covid-19 outbreak after Christmas in the region. That situation has improved, the company says.
The new drill sites have been prepared. They are about 5 kilometres south of the Lynn Lake Mining Centre. The new drilling will test priority geophysical conductors located on strike and also target the South Pipe conductor, the biggest conductive anomaly. The newly acquired South Pipe area will be drilled after needed permits are finalised, it says.
The two magnetic parallel pipe-like bodies that are about 150 metres apart are possibly indicative of a deep-seated intrusive pathway that appears linked to known nickel-copper-cobalt sulfide mineralisation in the area, it says. The company says the South Pipe target appears similar to Lynn Lake’s high-grade EL Mine with 2.4% nickel and 1.15% copper.
The nickel-copper-cobalt deposits at Lynn Lake were mined for 24 years with more than 20 million tonnes being mined in that time. The mine closed in 1976. It remains one of the best nickel sulphide brownfield/exploration plays in North America and the company has found several new areas of mineralisation, it says. Lynn Lake is about 1,071 km from Winnipeg, Manitoba.
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