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Corazon Mining Signs Drill Contract for Maiden Two Pools Gold Program in WA

Story Highlights
  • Corazon Mining has secured a diamond drilling contract to begin a four-hole, 1,000-metre maiden program at its 100%-owned Two Pools Gold Project in Western Australia.
  • The campaign will test down-plunge and northwest extensions of high-grade gold lodes and provide structural data to support a larger RC program that could expand the project’s mineralised footprint.
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Corazon Mining Signs Drill Contract for Maiden Two Pools Gold Program in WA

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Corazon Mining Limited ( (AU:CZN) ) has issued an update.

Corazon Mining has signed a diamond drilling contract with K-Drill to launch its maiden drilling campaign at the wholly owned Two Pools Gold Project in Western Australia, marking the first diamond drilling ever undertaken at the site. The four-hole, roughly 1,000-metre program aims to test down-plunge extensions of known high-grade lodes, validate historic intercepts and gain crucial structural data on the mineralised system.

The work includes a deep 400-metre hole targeting a possible 300-metre northwest extension of mineralisation, alongside holes into the core and eastern zones where significant historical gold hits remain open. With heritage and regulatory approvals in place and drilling to commence once final survey reports are received, the program is designed to provide the technical basis for a larger follow-up RC campaign that could materially expand the project’s mineralised footprint and enhance Corazon’s growth prospects.

The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.

More about Corazon Mining Limited

Corazon Mining Limited is an Australia-based mineral exploration company focused on gold assets, including its 100% owned Two Pools Gold Project in Western Australia. The company targets high-grade gold systems and is advancing exploration through systematic drilling to better define mineralised structures and expand its resource potential in a competitive WA gold sector.

Average Trading Volume: 185,376

Technical Sentiment Signal: Sell

Current Market Cap: A$12.01M

Learn more about CZN stock on TipRanks’ Stock Analysis page.

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