Corazon Mining

Corazon Chairperson Mr Terry Streeter explains: “Our strategy for the Lynn Lake mining studies is to deliver low operational costs. The knock-on effect of this is that with lower costs, there are lower cutoff grades, resulting in a much larger mining inventory for consideration, within the existing resource areas. We don’t need more tonnes. This VMS concept is about value. The grade we see in some of these zinc-copper deposits is very good, and we will seek to establish if this is value we can exploit up-front for a restart of mining at Lynn Lake. Alternatively, we will explore whether the VMS deposits are better suited to mining later in the Project’s mine plan”.

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