Corazon Starts Maiden Diamond Drilling at High-Grade Two Pools Gold Project

Corazon Mining Limited ( (AU:CZN) ) just unveiled an announcement.

Corazon Mining has commenced its maiden diamond drilling program at the high-grade Two Pools Gold Project in Western Australia after securing final heritage approvals and mobilising contractors to site. The program, comprising four holes for about 1,000 metres of drilling, is the first diamond campaign at the project and aims to clarify the structural geometry of multiple gold lodes and test largely untested down-plunge extensions that remain open at depth.

The campaign is designed to follow up significant historical intercepts, including intervals grading up to 8.9 grams per tonne gold, and will probe much deeper than prior shallow drilling that mostly stopped above 75 metres. Initial assay results are expected in the coming weeks, and the outcomes will directly shape a subsequent reverse circulation program targeting strike and plunge extensions, potentially expanding the known mineralised footprint and enhancing the project’s long-term exploration potential.

The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.14 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 Australian exploration company focused on advancing gold assets, including the high-grade Two Pools Gold Project in Western Australia. The company targets underexplored systems with high-grade historical intercepts, aiming to expand mineralised footprints through systematic drilling and structural understanding.

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Technical Sentiment Signal: Sell

Current Market Cap: A$10.3M

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