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Corazon Mining Limited (ASX:CZN)

ALERT: Price-sensitive ASX Announcement for CZN
Current share price for CZN : $0.110 0.014 (14.58%)+
Announcement
Release
25 Aug 2026 8:01AM
Price at Release
$0.096
Full Release
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Summary
Corazon Mining Limited has announced a maiden Exploration Target at its Two Pools Gold Project in the Plutonic-Marymia Greenstone Belt of Western Australia. The project, covering 537 km², has been defined with three target areas: Northern, Central, and Southern. The Northern Target is the most advanced, benefiting from existing drill coverage, while the Central and Southern targets require additional exploration due to wider drill spacing. The Exploration Target is estimated between 1.4 million and 2.15 million tonnes at grades of 1.6 to 1.9 g/t Au, potentially holding 72,000 to 132,000 ounces of gold. Corazon Mining aims to conduct further drilling within the next six months to better define these targets.
Key Points
  • Maiden Exploration Target defined at Two Pools Gold Project
  • First quantification since project acquisition
  • Northern Target is most advanced area
  • Central and Southern targets are under-drilled
  • Exploration Target ranges from 1.4 Mt to 2.15 Mt at 1.6 to 1.9 g/t Au
  • Approximately 72,000 oz to 132,000 oz of contained gold
  • Project covers 537 km² within the Plutonic-Marymia Greenstone Belt
  • Additional Reverse Circulation drilling planned to refine 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.