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Highlights
- Two core tenements on the Two Swimming pools Gold Mission have been efficiently granted by the West Australian Division of Power, Mines, Business Regulation and Security (DEMIRS).
- Granting permits Corazon to expedite works to allow diamond drilling to begin in early 2026, pending completion of heritage surveys, and dialogue with drilling contractors have commenced.
- The preliminary program is designed to verify high-grade historic outcomes and supply important structural controls on mineralisation.
- Planning for follow-up Reverse Circulation (RC) drilling at Two Swimming pools can also be underway as a part of the Firm’s systematic exploration marketing campaign.
- The granting marks one other key milestone within the Firm’s constructive operational reset over the previous three months.
The granting of Exploration Licences E52/4460 and E52/4468, which have been vended into the Firm as a part of the Two Swimming pools acquisition – represents a big regulatory milestone. With tenure now secured, Corazon is transferring instantly to finalise preparations for its maiden drill program.
Corazon Mining Ltd Managing Director, Simon Coyle, commented: “The granting of those tenements is a crucial inexperienced gentle, permitting us to get boots on the bottom at Two Swimming pools. We are actually transferring rapidly to safe a rig and finalise logistics to make sure we’re drilling early within the new yr. Our maiden diamond program is designed to present us a definitive take a look at the geology and construction of the high-grade zones, setting the stage for a scientific and aggressive exploration marketing campaign all through 202c.
The reset of the Firm over the past three months has been extraordinarily constructive and productive. With the staff now totally operational and our key tenure granted, we look ahead to the distinctive improvement of each Two Swimming pools and Feather Cap Gold Initiatives in 202c.”
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