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Corazon Mining Limited (ASX:CZN)

ALERT: Price-sensitive ASX Announcement for CZN
Current share price for CZN : $0.110 -0.12 (-52.17%)+
Announcement
Release
22 Oct 2025 8:19AM
Price at Release
$0.230
Full Release
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Summary
Corazon Mining Limited has announced the results of a historical data review from its recently acquired Feather Cap Gold Project in Western Australia, identifying multiple high-priority drill targets. The review revealed significant gold mineralization with limited historical follow-up, presenting an opportunity to apply modern exploration methods. The company plans to conduct systematic exploration, including a maiden drill program, to further assess these targets. The Feather Cap project is strategically located near known deposits, enhancing its exploration potential and offering prospects for early-stage production.
Key Points
  • Corazon Mining Limited acquired an 80% interest in the Feather Cap Gold Project.
  • The project is located in the Gascoyne region of Western Australia.
  • Historical data review identified high-grade gold mineralization.
  • Multiple high-priority drill targets have been identified for exploration.
  • A systematic exploration program is being planned, including a maiden drill program.
  • The project is near known deposits, providing a strong exploration concept.
  • Potential for early-stage production opportunities at the Wembley target.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.