Option to Acquire 100% Exercised
The highly prospective Miriam Nickel Sulphide Project (Miriam) is located in the Goldfields of Western Australia and represents a strategic addition to Corazon’s portfolio of nickel sulphide assets. Corazon exercised its option to acquire 100% of the project following the completion of its due diligence process.
Corazon is excited by Miriam’s exploration potential. Anaconda Australia Ltd discovered the Miriam Deposit in 1969, with ‘high nickel tenor’ massive and disseminated sulphides intersected in drilling. Miriam has extensive untested opportunity for nickel sulphide mineralisation at depth and along strike from previous drilling. The existence of the defined target corridor will allow Corazon to undertake focused and detailed exploration programs, utilising modern higher-powered electromagnetic (EM) geophysics.
Miriam comprises five Prospecting Licence applications (P15/6135 to P15/6139 inclusive) and is located approximately 10 kilometres south-southwest of Coolgardie on an ultramafic trend, which hosts Auroch Minerals’ (ASX: AOU) Miriam and Nepean Nickel Deposits. More info.