CZN 4.62% 6.2¢ corazon mining limited

Ann: Priority Nickel Copper Cobalt targets identified-CZN.AX, page-2

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    Key facts:
     Fraser Lake Complex (FLC) Induced Polarisation (IP) survey identifies:
    o 20 high-priority targets defined with very strong-IP anomalies
    12 targets interpreted to come close to surface (under shallow cover)
    Most display good depth extents (+700m below surface)
    o More than 30 second-order targets with strong-IP anomalies
     Walk up drill targets identified

     Chargeability IP anomalies trend off survey area, towards interpreted feeder zone to the intrusive complex – an untested Voisey’s Bay style target
     FLC is only 5km from Lynn Lake, historically one of Canada’s most prolific nickel producing mining centres:
    o FLC twice as large as the Lynn Lake host intrusion, and
    o Anomalous in nickel-copper sulphides (past sampling and drilling)
     Targets predominantly under shallow cover.
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